With the Technical Institute of the Central Piedmont Community College (CPCC), which was newly established this year, new standards have been set. It is no longer just the state and private universities that supply the region with graduates. And the city has a lot to offer in the field of training. The potential of well-trained employees is the main reason for many companies to relocate to Charlotte after its geographically favorable location.
Charlotte is also important “when attracting new talent”. “For our business, Charlotte is known for its proximity to industry and our sales markets,” explains Denise Hartmann, co-managing director of the division. The location with around 300 employees is therefore being expanded further. Innovations such as the reflective “Instant Set” roof coating and the Acrodur binding agent for lightweight components made from natural, glass and synthetic fibers were created here. The city is now the headquarters of the BASF division “Dispersions and Resins”. The chemical company has been in Charlotte since 1985. We didn’t want to give up on you and access to the market, ”explains Stefan Engel, head of American Trützschler.Īnother example of local German entrepreneurship is BASF. Our employees here are very well trained and loyal. However, the family and management have chosen to stay. “The simplest solution would have been to close the plant in the mid-2000s. Today “American Trützschler” manufactures fittings and switch cabinets and is very active in service. New business areas were sought and found. However, the family business stuck to the North Carolina location. After China joined the WTO in 2001, the textile industry in the southeastern United States collapsed, with a few exceptions. Trützschler has prospered accordingly for 30 years in the industry. The textile machine manufacturer Trützschler from Mönchengladbach came to Charlotte 50 years ago.Īt that time, the region was set as the center of the American textile industry for the family business. The location between the expensive northeast coast with New York, Boston and Washington DC and the hot and humid southeast with Miami is so attractive that it can even survive structural crises. There are an average of 226 days of sunshine a year, and Charlotte is neither an earthquake nor a hurricane area. The cost of living is below the national average. 200,000 new jobs have been created since 2001. According to the recommendation portal Yelp, Charlotte is the city in the US that offers the greatest economic opportunities. There are daily direct connections to Frankfurt and Munich.Īround 2.5 million people live in the Charlotte region and, statistically speaking, 102 new people are added every day. The time difference is only six hours instead of nine hours as on the west coast. With its location on the east coast, Charlotte is also relatively cheap for German companies. There are 15 research universities in the city and region, including the renowned Duke University. Almost half have a bachelor’s degree or higher. The working-age population is well educated. Corporate tax is now just 2.5 percent, the lowest rate of any US state with corporate tax. What makes the “Queen City” – as it is also called – so attractive, especially for German entrepreneurs and top managers? The packaging specialist Pester from Wolfertschwenden in the Allgäu is relocating its US branch from New Jersey to Charlotte.
The city is also attractive within the USA.
It only leaves the uncertain US economic policy waiting for better times. And there are more and more.Īccording to information from the Handelsblatt, several other German companies from the food industry, mechanical engineering and the automotive industry are available.
And the city and region owe their rise above all to German companies and managers. The city, founded in 1867, and the surrounding region, County Mecklenburg, are named after Charlotte von Mecklenburg-Strelitz, the German wife of King George III of England. Tradition applies here that is also German. Little of the noise can be felt in the city of Charlotte. These are actually not good prerequisites for doing business and investing. Again and again, the US President’s verbal abuses on the Twitter news service cause upset not only in diplomatic circles. Punitive tariffs and a trade war dominate the political debates between the two countries. The business location Charlotte is a refreshing piece of desired normality in an overall crazy time of German-American relations.
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