TTX Company Relocated Headquarters to Right to Work North Carolina

TTX Company, one of the main companies that provides railcars and more, is relocating its headquarters soon to Right to Work Charlotte, North Carolina. This will give the company access to Right to Work benefits and incentives. In order to locate here, they are investing a total of $14.5 million toward the project. They will also create 150 new jobs. So this is incredible news for Mecklenburg County!

From Area Development Magazine:

“We believe Charlotte presents a unique opportunity for TTX that provides for strategic partnerships to strengthen our business. […] Our company is positioned to provide strong rail and freight car management services from the Charlotte metro area – as such, we are excited to partner with local innovators, business leaders, and academic institutions to drive value for the North American rail industry and the local economy. We also look forward to welcoming new local talent to join our existing workforce to continue to drive our long-term success.†[…]

“Designated as the number one state in the nation do to business for the second year in a row, our quality of life, infrastructure and talented, well-educated workforce lets companies know they will find success in North Carolina. […] Charlotte’s stellar reputation as a place to do business makes TTX’s decision to move its headquarters to the Queen City no surprise.†[…]

“I’m pleased TTX recognized North Carolina’s commitment to develop and attract talent to our state, a commitment that became an important factor in their site selection decision. […] We never take for granted the importance of a strong, well-trained workforce. From our excellent universities to our community colleges and K-12 schools, North Carolina will continue to invest in our people and the educational systems that create opportunities for everyone.â€

AREA DEVELOPMENT MAGAZINE

To read the previous economic update on Right to Work states, click here.