United Technologies Corporation plans to expand its presence in North Carolina, adding 325 jobs over the next five years in Charlotte and also investing at least $4 million.
Gov. Bev Perdue announced the deals Wednesday.
The company could receive as much as $19 million in state tax incentives and rebates if it meets job targets.
The new jobs will exceed $100,000, Perdue said.
United Technologies is acquiring aerospace manufacturer Goodrich Corporation, which is based in Charlotte.
Once the deal is approved, United Technologies plans to base its UTC Aerospace Systems group in Charlotte. It already employs some 1,500 people across North Carolina.
United Technologies was awarded a One North Carolina Fund grant of $2.5 million. Such grants require at least a local match.
The remainder of the tax incentives would come through a Job Development Investment Grant, which rebates a percentage of state income tax.
UTC business units include Otis Elevator Co., Sikorsky Aircraft, Pratt & Whitney, Hamilton Sundstrand and UTC Climate, Controls and Security, which includes Carrier Corp.
“UTC is extremely pleased to be expanding its footprint in North Carolina with the leadership team for its Aerospace Systems business,” said Alain Bellemare, chief operating officer of UTC Propulsion and Aerospace Systems. “With the continued growth of global air travel, Charlotte will serve as a strategic centerpoint for our operations as we position the company to meet this demand.”
