Quantcast
Home / News / Time Warner Cable plans $101M Charlotte expansion; 225 jobs to be created

Time Warner Cable plans $101M Charlotte expansion; 225 jobs to be created

Time Warner Cable today said it will spend $101 million to build a national data center on its Charlotte campus, a move that will create 225 jobs.

The jobs will be added over the next three years, the company said. The project will also involve the expansion of a parking deck.

Wages will vary by job function, but the average for the new jobs will be $61,044, not including benefits. Mecklenburg County’s average annual wage is $51,584.

The state’s Economic Investment Committee today awarded a job development investment grant to TWC for the expansion. TWC is eligible to receive a grant equal to 60 percent of the state personal income withholding taxes derived from the creation of the new jobs for each of the nine years in which the company meets annual performance targets. If TWC meets the targets, the grant could yield $2.9 million in maximum benefits for the company.

TWC is the second-largest cable operator in the U.S.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

 

Scroll To Top
%d bloggers like this: