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Do not fill this in! ==Economy== {{See also|List of companies in Charlotte}} [[File:BofA Corp Center.jpg|thumb|upright|[[Bank of America Corporate Center]]]] [[File:Duke Energy Center and The Westin Charlotte, 2010.jpg|thumb|upright|[[550 South Tryon]] (formerly Duke Energy Center) and [[The Westin Charlotte]]]] [[File:Charlotte hearst tower.jpg|thumb|upright|Truist Center, [[Truist Financial]]'s headquarters]] [[File:WellsFargoCharlotte.jpg|thumb|upright|[[One Wells Fargo Center]] behind Brevard Court in [[Uptown Charlotte]]|alt=]] Charlotte is the second-largest banking center in the United States, after [[New York City]].<ref>{{cite web |url=https://www.charlotteobserver.com/news/business/banking/article221589840.html |title=Charlotte regains its place as No. 2 U.S. banking center. Will it keep it? |work=The Charlotte Observer |last=Roberts |first=Deon |date=November 16, 2018 |access-date=August 11, 2021 }}</ref><ref name="unc.edu">{{cite web|last1=Carrizales|first1=Jennifer|title=Charlotte Soars to Become the Nation's Second Largest Financial Center|url=http://carolinahistory.web.unc.edu/charlotte-soars-to-become-the-nations-second-largest-financial-center/|work=North Carolina History Projects|access-date=July 13, 2018|archive-date=August 29, 2015|archive-url=https://web.archive.org/web/20150829080651/http://carolinahistory.web.unc.edu/charlotte-soars-to-become-the-nations-second-largest-financial-center/|url-status=dead}}</ref><ref>{{cite web|url=https://charlotteregion.com/blog/2021/02/25/research-data/industry-insights-financial-services-in-the-charlotte-region/|title=Industry insights: Financial Services in the Charlotte Region|date=February 25, 2021|website=Charlotte Regional Business Alliance|access-date=November 2, 2023}}</ref><ref>{{cite web|url=https://www.latimes.com/archives/la-xpm-1998-may-28-mn-53971-story.html|title=Charlotte: A New U.S. Bethemoth of Banking|last=Vrana|first=Debora|date=May 28, 1998|website=[[The Los Angeles Times]]|access-date=November 2, 2023}}</ref> The second largest financial institution by total assets in the United States, Bank of America, is based in Charlotte.<ref>{{cite web|url=https://locators.bankofamerica.com/nc/charlotte/index.m.html|title=Bank of America Financial Centers and ATMs in Charlotte, NC|publisher=[[Bank of America]]|access-date=June 23, 2020|archive-url=https://web.archive.org/web/20200626141802/https://locators.bankofamerica.com/nc/charlotte/index.m.html|archive-date=June 26, 2020|url-status=dead}}</ref> It is also home to the nation's sixth largest financial institution, [[Truist Financial|Truist]].<ref>{{cite web|url=https://www.journalnow.com/business/truist-completes-455-5m-purchase-of-charlotte-hq-bank-delays-new-branding-unveilings/article_891db77d-c8dd-5565-ac83-dcff50a7691c.html|title=Truist completes $455.5M purchase of Charlotte HQ; bank delays new branding unveilings|last=Craver|first=Richard|date=April 1, 2020|publisher=[[Winston-Salem Journal]]|access-date=June 23, 2020}}</ref><ref>{{cite web|url=https://www.bizjournals.com/charlotte/news/2019/12/11/truist-to-purchase-hearst-tower-in-q1-rename.html|title=Truist to purchase Hearst Tower for $455.5M, rename uptown building|last=Fahey|first=Ashley|date=December 11, 2019|website=BizJournals.com|access-date=December 11, 2019}}</ref> Charlotte also has become a large employment center for major banks not headquartered in Charlotte: * Charlotte is the regional headquarters for East Coast operations of Wells Fargo, which is headquartered in [[San Francisco]], California.<ref>{{cite web|url=https://www.charlotteobserver.com/news/business/banking/article238596963.html|title=Will Wells Fargo ever move its headquarters to Charlotte? Its CEO has options|last=Weinstein|first=Austin|date=December 29, 2019|website=[[Charlotte Observer]]|access-date=December 29, 2019}}</ref> Charlotte also serves as the headquarters for Wells Fargo's capital markets activities. * Bank of America's headquarters, along with other regional banking and financial services companies, are located primarily in the Uptown central business district.<ref>{{Cite web|url=https://ui.charlotte.edu/story/historical-overview-part-3-rise-banking-builds-globally-connected-region|title=Historical Overview Part 3: The Rise Of Banking Builds A Globally Connected Region|date=August 28, 2019|website=ui.charlotte.edu|publisher=[[University of North Carolina at Charlotte]]|access-date=December 7, 2022}}</ref><ref>{{Cite web|url=https://www.spglobal.com/marketintelligence/en/news-insights/trending/kdZchEwDkYSXozJJ7Z8gQA2|title=Charlotte, NC, outpacing nationwide growth in banking, set for further expansion|last=Duren|first=Carolyn|date=May 16, 2019|website=[[S&P Global]] }}</ref><ref>{{cite web|url=https://charlotteregion.com/blog/2022/07/11/clt-alliance-blog/charlotte-is-a-hot-spot-in-the-financial-services-industry/|title=Charlotte is a hot spot in the financial services industry|date=August 11, 2022|website=Charlotte Regional Business Alliance}}</ref> * In May 2021, [[Ally Financial]] moved into [[Ally Charlotte Center]] which houses all 2,100 Charlotte-based employees and contractors across {{convert|725,000|sqft|m2}} of the building.<ref>{{cite web |url=https://www.charlotteobserver.com/news/business/development/article251132024.html |title=Construction on the latest bank tower in the Charlotte skyline is now complete |first=Danielle |last=Chemtob|publisher=[[Charlotte Observer]] |date=May 3, 2021|access-date=2021-05-05}}</ref><ref>{{cite news | url=https://www.bizjournals.com/charlotte/news/2021/04/22/where-allys-charlotte-growth-goes-from-here.html | title=ALLY'S BIG MOVE Fast-growing online bank joins major rivals on Tryon Street with opening of new hub | first1=Caroline | last1=Hudson | work=[[Charlotte Business Journal]] | date=April 22, 2021}}</ref> * [[U.S. Bancorp]] leases {{convert|81,424|sqft|m2}} in [[Truist Center]] to house 850 employees<ref>{{cite news |url=https://www.bizjournals.com/charlotte/news/2020/06/29/us-bank-shifts-charlotte-operations.html |title=Charlotte-based executive Jim Kelligrew leading changes in US Bancorp's corporate, commercial banking division|first1=Caroline |last1=Hudson|work=[[Charlotte Business Journal]]|date=29 June 2020|access-date=21 May 2021}}</ref><ref>{{cite news|url=https://www.bizjournals.com/charlotte/blog/real_estate/2014/11/u-s-bank-expands-at-hearst-tower-leasing-35th.html|title=U.S. Bank expands at Hearst Tower, leasing 35th floor |first1=Will|last1=Boye|work=[[Charlotte Business Journal]] |date=21 November 2014|access-date=21 May 2021}}</ref> * [[USAA]] occupies {{convert|90,000|sqft|m2}} in The Square which is located in [[South End (Charlotte neighborhood)|South End]] to house 500 employees.<ref>{{cite news |url=https://www.bizjournals.com/charlotte/news/2021/05/27/usaa-charlotte-office-square-south-end.html |title=USAA confirms Charlotte office, will lease six floors at South End building |first1=Ashley |last1=Fahey |work=[[Charlotte Business Journal]]|date=27 May 2021|access-date=28 May 2021}}</ref><ref>{{cite news |url=https://www.bizjournals.com/charlotte/news/2022/06/03/usaa-beacon-charlotte-sells.html |title=USAA buys The Square at South End from Charlotte developer Beacon Partners for nearly $97M |first1=Jennifer |last1=Thomas |work=[[Charlotte Business Journal]]|date=3 June 2022|access-date=19 October 2022}}</ref> * In September 2022, [[TD Bank]] announced its plan to expand its retail in Charlotte with 15 new branches.<ref>{{Cite web |url=https://stories.td.com/us/en/article/td-bank-to-expand-in-charlotte-north-carolina-with-new-stores|title=TD Bank to Expand in Charlotte, North Carolina, With New Stores|date=September 15, 2022 |website=stories.td.com|access-date=January 14, 2023}}</ref><ref>{{cite web|url=https://www.bizjournals.com/philadelphia/news/2023/01/19/td-bank-branches-retail-expansion-midtown-east.html|title=Cherry Hill-based TD Bank continues its retail expansion in Charlotte|last=Graham|first=Symone |date=January 19, 2023 |website=BizJournals.com|access-date=March 12, 2023}}</ref> * In August 2022 UK based [[The Bank of London]] announced it will be leasing {{convert|40,000|sqft|m2|0}} in [[101 Independence Center]] to house the 350 jobs they are creating in Charlotte by 2026.<ref>{{cite news |url=https://www.charlotteobserver.com/news/business/banking/article264214046.html| title=A new British bank is bringing 350 jobs to Charlotte. Its already actively hiring.| first1=Hannah|last1=Lang|work=[[Charlotte Observer]]|date=8 August 2022|access-date=15 September 2022}}</ref><ref>{{cite news |url=https://www.bizjournals.com/charlotte/news/2022/08/08/bank-of-london-expansion-uptown-jobs-technology.html| title=Bank of London to establish tech hub in uptown Charlotte, pledging 350 jobs | first1=Elise|last1=France|work=[[Charlotte Business Journal]]|date=8 August 2022|access-date=17 October 2022}}</ref> Other large companies, such as [[Microsoft]] and [[Centene Corporation]], operate their East Coast headquarters in Charlotte.<ref>{{cite web|url=http://safway.com/Projects/Commercial/microsoft.asp?timeline=renovation|title=Microsoft East Coast Headquarters - Safway Services|website=safway.com|access-date=March 28, 2017|archive-url=https://web.archive.org/web/20170329050044/http://safway.com/Projects/Commercial/microsoft.asp?timeline=renovation|archive-date=March 29, 2017|url-status=dead|df=mdy-all}}</ref><ref>{{Cite news|url=https://amp.charlotteobserver.com/news/business/article236604708.html|title=Microsoft investing $24 million in Charlotte campus, creating over 400 high-paying jobs|last=Smoot|first=Hannah|date=October 25, 2019|work=charlotteobserver.com|access-date=November 23, 2019}}</ref><ref>{{cite web |url=https://www.charlotteobserver.com/news/business/article243910837.html |title=Insurance giant to bring over 3,200 jobs to Charlotte, with up to $450M in incentives |work=The Charlotte Observer |last1=Muccigrosso |first1=Catherine |last2=Chemtob |first2=Danielle |last3=Eanes |first3=Zachary |date=July 1, 2020 |access-date=August 11, 2021 }}</ref> In November 2018, [[Honeywell]] moved its corporate headquarters to Charlotte.<ref>{{cite web|url=https://www.cnbc.com/2018/11/30/honeywell-to-move-its-hq-to-charlotte-north-carolina-from-new-jersey.html|title=Honeywell moves HQ to Charlotte, North Carolina from New Jersey|last=Lucas|first=Ameila|date=November 30, 2018|website=CNBC.com|access-date=September 15, 2021}}</ref> In June 2019, [[Lowe's]] announced it will be building its [[Lowe's Global Technology Center]] worth $153 million, which is set to be complete in 2021 and will be headquartered in [[South End (Charlotte neighborhood)|South End]] neighborhood in Charlotte.<ref>{{Cite web|url=https://corporate.lowes.com/newsroom/stories/inside-lowes/tech-transformation-lowes-chooses-charlotte-global-technology-center|title=Tech Transformation: Lowe's Chooses Charlotte For Global Technology Center|date=June 25, 2019|website=corporate.lowes.com|publisher=[[Lowe's]]|access-date=June 25, 2019}}</ref><ref>{{Cite web|url=https://www.charlotteobserver.com/news/business/article231952298.html|title=Lowe's picks South End for tech hub, 2,000 high-paying jobs and a new 23-story tower|last=Peralta|first=Katherine|date=June 27, 2019|website=[[Charlotte Observer]]|access-date=May 21, 2022}}</ref> In 2019, [[Dole Food Company]] relocated its headquarters to Charlotte from California, and expanded its presence in Charlotte with its merger with Ireland-based Total Produce in February 2021.<ref>{{cite web|url=https://charlotte.axios.com/248296/worlds-largest-fresh-produce-company-grows-charlotte-hq/|website=Axios Charlotte|title=Dole Food Company announced a merger with Ireland-based Total Produce Wednesday. The combined business will be the world's largest fresh produce company, and it'll have its American headquarters in Charlotte|date=February 17, 2021 }}</ref> On May 25, 2021, it was announced that Charlotte would become the East Coast headquarters of [[Credit Karma]].<ref>{{cite web|url=https://www.wbtv.com/2021/05/25/credit-karma-bringing-jobs-charlotte-with-new-east-coast-hub/|title=Credit Karma bringing 600 new jobs to Charlotte with new east coast hub|date=May 25, 2021|website=WBTV.com|access-date=May 27, 2021}}</ref><ref>{{cite news|url=https://abc11.com/credit-karma-charlotte-nc-jobs-north-carolina-roy-cooper/10696800/|title=Credit Karma to put east coast headquarters in North Carolina|date=May 25, 2021|website=ABC11.com|agency=Associated Press|access-date=May 27, 2021|archive-date=May 27, 2021|archive-url=https://web.archive.org/web/20210527001032/https://abc11.com/credit-karma-charlotte-nc-jobs-north-carolina-roy-cooper/10696800/|url-status=dead}}</ref> [[Cedar Fair]]'s corporate office is located in southwest Charlotte.<ref>{{cite web|url=https://jobs.cedarfair.com/corporate |title=Corporate Fun Jobs |publisher=Jobs.cedarfair.com |access-date=2022-05-13}}</ref> On September 20, 2022, the [[Atlantic Coast Conference]] (ACC) announced it will be relocating its headquarters from nearby [[Greensboro, North Carolina|Greensboro]] to Charlotte in 2023.<ref>{{Cite web|url=https://www.charlotteobserver.com/sports/college/article266063391.html|title=ACC does the right thing, relocating its headquarters from Greensboro to Charlotte|last=Fowler|first=Scott|date=September 20, 2022|website=[[The Charlotte Observer]]|access-date=September 20, 2022}}</ref><ref>{{Cite web|url=https://charlotte.axios.com/308673/acc-is-moving-its-headquarters-to-charlotte/|title=ACC is moving its headquarters to Charlotte|last=Soloff Peralta|first=Katie|date=September 20, 2022|website=Charlotte Axios|access-date=September 20, 2022}}</ref><ref>{{Cite web|url=https://theacc.com/news/2022/9/20/general-acc-board-of-directors-announces-relocation-of-league-office-to-charlotte.aspx|title=ACC Board of Directors Announces Relocation of League Office to Charlotte|date=September 20, 2022|website=[[Atlantic Coast Conference]]|access-date=September 21, 2022}}</ref> On July 12, 2023, railcar company [[TTX Company|TTX]] announced it will move its corporate headquarters to Charlotte.<ref>{{cite web|url=https://www.charlotteobserver.com/news/business/article277207253.html|title=One of North Americas largest rail fleets plans to move HQ to Charlotte|last=Rago|first=Gordon|date=July 12, 2023|website=[[The Charlotte Observer]]|access-date=July 13, 2023}}</ref><ref>{{cite web|url=https://www.bizjournals.com/charlotte/news/2023/07/11/ttx-co-to-relocate-hq-from-chicago-to-charlotte.html|title=Railcar company TTX to relocate HQ to Charlotte from Chicago|last=Huguley|first=Collin|date=July 11, 2023|website=BizJournals.com|publisher=Charlotte Business Journal|access-date=July 13, 2023}}</ref> As of 2019, Charlotte has seven [[Fortune 500]] companies in its metropolitan area. Listed in order of their rank, they are: [[Bank of America]], [[Honeywell]], [[Nucor]], [[Lowe's]], [[Duke Energy]], [[Sonic Automotive]] and [[Brighthouse Financial]].<ref>{{cite web|title=Fortune 500 (2019)|url=https://fortune.com/fortune500/2019/search/?hqcity=Charlotte&hqstate=NC&rank=asc|access-date=August 25, 2019}}</ref> The Charlotte area includes a diverse range of businesses, including foodstuffs such as [[Harris Teeter]],<ref>{{Cite web|url=https://www.harristeeter.com/i/about-us|title=About us β Harris Teeter|website=harristeeter.com|publisher=[[Harris Teeter]]|access-date=December 12, 2021}}</ref> [[Snyder's-Lance]],<ref>{{Cite web|url=https://www.bloomberg.com/profile/company/LNCE:US?leadSource=uverify%20wall|title= Snyders-Lance Inc|website=[[Bloomberg L.P.|Bloomberg]]|access-date=December 12, 2021}}</ref> [[Dentsply Sirona]], [[Carolina Foods]] Inc.,<ref>{{Cite web|url=https://carolinafoodsinc.com/about-us/|title=About Us|website=carolinafoodsinc.com|publisher=[[Carolina Foods]]|access-date=December 12, 2021}}</ref> [[Bojangles (restaurant)|Bojangles]],<ref>{{cite web|url=https://www.bojanglesrdu.com/about/|title=About Tri-Arc Food Systems β Our History|website=Bojanglesrdu.com|publisher=[[Bojangles']]|access-date=December 12, 2021}}</ref> [[Food Lion]],<ref>{{Cite web|url=https://www.foodlion.com/about-us/|title=About us β Food lion Supermarket & Pharmacy|website=[[Food Lion]]|access-date=December 12, 2021}}</ref> [[Salsarita's Fresh Mexican Grill]],<ref>{{Cite web|url=https://salsaritas.com/about-us/|title=Our Story|website=[[Salsarita's Fresh Mexican Grill]]|access-date=December 12, 2021}}</ref> [[Compass Group]] USA,<ref>{{Cite web|url=https://www.compass-usa.com/contact-us/|title=Contact Compass Group|website=compass-usa.com|access-date=September 7, 2022}}</ref> [[Krispy Kreme|Krispy Kreme, Inc.]],<ref>{{Cite web |last=Martin |first=Jenna |date=March 15, 2023 |title=Krispy Kreme closing Concord facility, scraps Winston-Salem expansion as it exits snack-aisle business |url=https://www.bizjournals.com/charlotte/news/2023/03/15/krispy-kreme-concord-shutdown-winston-salem.html |access-date=May 29, 2023 |website=Charlotte Business Journal}}</ref> and [[Coca-Cola Consolidated|Coca-Cola Consolidated Inc.]] (Charlotte being the nation's second largest Coca-Cola bottler);<ref>{{cite web|url=https://www.cokeconsolidated.com/products-and-service-area|title=About us β Coca-Cola Consolidated|access-date=December 12, 2021|archive-date=November 23, 2021|archive-url=https://web.archive.org/web/20211123235506/https://www.cokeconsolidated.com/products-and-service-area|url-status=dead}}</ref> packaging company [[Sealed Air]],<ref>{{Cite web|url=https://www.sealedair.com/contact|title=Contact Sealed Air's Customer Service Representatives|website=sealedair.com|access-date=September 7, 2022}}</ref> financial services company [[Dixon Hughes Goodman]],<ref>{{Cite web|url=https://www.forvis.com/about-us/locations/charlotte-nc-southpark|title=Charlotte, NC - SouthPark β CPA Firm|website=forvis.com|access-date=September 7, 2022}}</ref><ref>{{Cite web|url=https://www.bizjournals.com/charlotte/news/2022/04/27/dhg-and-bkd-announce-new-name-post-merger.html|title=One of Charlotte's leading accounting firms has new post merger name|last=Georgacopoulos|first=Christina|date=April 27, 2022|website=bizjournals.com|publisher=Charlotte Business Journal|access-date=September 7, 2022}}</ref> online leading marketplace [[LendingTree]], chemical company [[Albemarle Corporation]],<ref>{{Cite web|url=https://www.albemarle.com/news/albemarle-to-relocate-its-corporate-headquarters-to-charlotte-nc|title=Albemarle To Relocate Its Corporate Headquarters To Charlotte, N.C.|date=August 25, 2015|website=albemarle.com|publisher=[[Albemarle Corporation]]|access-date=September 14, 2022}}</ref> Lawn and garden equipment maker [[WORX]], door and window maker [[JELD-WEN]],<ref>{{Cite web|url=https://www.jeld-wen.com/en-us/about-us|title=Our Company & History|website=jeld-wen.com|publisher=[[JELD-WEN]]|access-date=December 12, 2021}}</ref> motor and transportation companies such as [[RSC Brands]], [[Continental AG|Continental Tire the Americas, LLC.]],<ref>{{Cite web|url=https://www.continental.com/en-us/career/our-locations/fort-mill/|title=Fort Mill, SC β Continental Corporation USA|website=continental.com|access-date=September 14, 2022}}</ref> [[Meineke Car Care Centers]], retail companies [[Belk]],<ref>{{cite web|url=https://newsroom.belk.com/newsroom?item=29929|title=Belk Inc β History Outline|access-date=December 12, 2021}}</ref> [[Cato Corporation]] and [[Rack Room Shoes]], along with a wide array of other businesses.<ref>{{cite web|last1=Charlotte Chamber of Commerce|title=270 Fortune 500 Companies Represented in Charlotte-Mecklenburg|url=http://charlottechamber.com/clientuploads/Economic_pdfs/Fortune500List.pdf|access-date=August 25, 2014}}</ref><ref>{{cite web|title=Leading Tree Locations|url=https://www.lendingtree.com/careers/locations/}}</ref> Charlotte is the major center of the U.S. motorsports industry, housing the US's only [[Formula One]] team, [[Haas F1]],<ref>{{cite web|url=https://www.haasf1team.com/|title=Haas F1 Team|website=HaasF1team.com|access-date=May 20, 2021}}</ref><ref>{{cite web|url=https://www.charlotteobserver.com/sports/nascar-auto-racing/thatsracin/article9199895.html|title=Gene Haas' Formula One team to be based in Kannapolis, NC|last=Utter|first=Jim|date=October 8, 2014|website=[[Charlotte Observer]]|access-date=February 22, 2015}}</ref> multiple teams and offices of [[NASCAR]], the [[NASCAR Hall of Fame]], and [[Charlotte Motor Speedway]] in Concord.<ref>{{Cite web|url=https://www.charlottemotorspeedway.com/fans/track-history/|title=Charlotte Motor Speedway β Track History|access-date=May 21, 2022}}</ref> Approximately 75% of the NASCAR industry's race teams, employees and drivers are based nearby.<ref>{{cite web|url=https://www.greatamericancountry.com/places/local-life/charlotte-the-hub-of-racing-culture|title=Charlotte: The Hub of Racing Culture|last=Norwood|first=Allen|website=greatamericancountry.com|access-date=September 3, 2016|archive-date=October 17, 2016|archive-url=https://web.archive.org/web/20161017182133/http://www.greatamericancountry.com/places/local-life/charlotte-the-hub-of-racing-culture|url-status=dead}}</ref> The large presence of the racing technology industry and the newly built [[NHRA]] dragstrip, [[Charlotte Motor Speedway|zMAX Dragway]] at [[Concord, North Carolina|Concord]], are influencing other top professional [[drag racers]] to move their shops to Charlotte as well. Located in the western part of Mecklenburg County is the [[U.S. National Whitewater Center]], which consists of human-made rapids of varying degrees, and is open to the public year-round.<ref>{{cite web|url=http://www.usnwc.org/ |title=U.S. National Whitewater Center :: Whitewater Rafting, Biking, Climbing, Kayaking, Zip lines, Food, and Fun. β Come Play! |website=Usnwc.org |access-date=July 2, 2010}}</ref><ref>{{cite web|url=https://charlotte.axios.com/273893/the-whitewater-center-is-having-a-huge-2021/|title=The Whitewater Center is having a huge 2021|last=Soloff Peralta|first=Katie|date=September 30, 2021|website=Axios Charlotte|access-date=February 5, 2023}}</ref><ref>{{cite web|url=https://www.charlottemagazine.com/riding-the-waves-at-the-u-s-national-whitewater-center/|title=Riding the Waves at U.S. National Whitewater Center|last=Markovitch|first=Jeremy|date=July 21, 2014|website=Charlotte Magazine|access-date=November 13, 2023}}</ref><ref>{{cite web|url=https://wlos.com/news/local/us-national-whitewater-center-eyes-expansion-in-western-north-carolina-mills-river-whitewater-pisgah|title=U.S. National Whitewater Center eyes expansion in Western North Carolina|last=James|first=Andrew|date=June 2, 2022|website=WLOS.com|access-date=November 13, 2023}}</ref><ref>{{cite web|url=https://www.wcnc.com/article/news/local/us-national-whitewater-center-charlotte-expansion-dog-park-activity-areas/275-da027b65-0752-4adc-9ae1-555efc7302cf|title=Whitewater Center expected to open new 70-acre dog park this fall|last=Lee|first=Hank|date=August 24, 2023|website=WCNC.com|access-date=November 13, 2023}}</ref> The Charlotte Region has a major base of energy-oriented organizations and has become known as "Charlotte USA β The New Energy Capital".<ref>{{Cite news|url=https://www.washingtonpost.com/business/with-electricity-firms-investment-charlotte-looks-to-become-energy-capital/2011/09/06/gIQAzBzGFK_story.html|title=Charlotte looks beyond financial sector in effort to become 'energy capital'|last=Glader|first=Paul|date=September 10, 2010|newspaper=[[The Washington Post]]|access-date=December 12, 2013}}</ref><ref>{{cite web|url=https://www.bizjournals.com/charlotte/feature/new-energy-capital.html|title=How Charlotte became a power player|date=August 31, 2012|website=BizJournals.com|access-date=February 5, 2023}}</ref> In the region there are more than 240 companies directly tied to the energy sector, collectively employing more than 26,400. Since 2007 more than 4,000 energy sector jobs have been announced. Major energy players in Charlotte include [[AREVA]], [[Duke Energy]], Electric Power Research Institute, Fluor, Metso Power, Piedmont Natural Gas, [[Albemarle Corp]], [[Siemens Energy Sector|Siemens Energy]], Shaw Group, Toshiba, URS Corp., and Westinghouse.<ref>{{cite web|url= https://news.duke-energy.com/releases/new-plaza-in-uptown-charlotte-to-become-duke-energys-corporate-headquarters|title=New plaza in Uptown Charlotte to become Duke energy's corporate headquarters|date=May 17, 2021|publisher=[[Duke Energy]]|access-date=May 2, 2018}}</ref><ref>{{cite web|url=https://new.siemens.com/us/en/company/siemens-in-the-usa/charlotte.html|title=Charlotte β Siemens Energy|publisher=[[Siemens|Siemens Energy]]|access-date=July 4, 2014|archive-date=October 23, 2020|archive-url=https://web.archive.org/web/20201023071729/https://new.siemens.com/us/en/company/siemens-in-the-usa/charlotte.html|url-status=dead}}</ref> The [[University of North Carolina at Charlotte]] has a reputation in energy education and research, and its Energy Production and Infrastructure Center (EPIC) trains energy engineers and conducts research.<ref>{{cite web|url=https://epic.uncc.edu/about/overview|title=Overview β Energy Production & Infrastructure Center|website=epic.uncc.edu|access-date=June 23, 2020|archive-url=https://web.archive.org/web/20200626235525/https://epic.uncc.edu/about/overview|archive-date=June 26, 2020|url-status=dead}}</ref> Over the last couple of years, Charlotte has become a hub in the [[Information technology]] industry.<ref>{{cite web|url=https://www.wcnc.com/article/money/charlotte-north-carolina-tech-hub-hot-spot/275-6f129f84-840c-4d60-803e-bcd2a5c3d98d|title=Why Charlotte is such a popular destination for tech companies|last=Thompson|first=Ben|date=May 26, 2021|website=wcnc.com|access-date=October 8, 2021}}</ref><ref>{{cite web|url=https://charlotte.axios.com/253303/words-out-how-charlotte-is-becoming-a-hot-tech-town/|title=Words out, How Charlotte is becoming a hot tech town|last=Soloff|first=Katie|date=April 3, 2021|website=Charlotte.axios.com|access-date=April 3, 2021}}</ref><ref>{{cite web|url=https://www.charlottestories.com/charlotte-ranked-as-the-1-tech-town-in-america/|title=Charlotte ranked as the No. 1 tech town in America|last=Jensen|first=Scott|date=June 4, 2020|website=Charlottestories.com|access-date=June 4, 2020}}</ref><ref>{{Cite web|url=https://www.wccbcharlotte.com/2018/03/13/charlotte-next-silicon-valley/|title=Is Charlotte The Next Silicon Valley?|date=March 13, 2018|website=WCCBCharlotte.com|access-date=January 14, 2023}}</ref><ref>{{cite web|url=https://www.cbre.com/press-releases/charlottes-tech-job-growth-puts-citys-office-market-among-hottest-of-n-americas-30-tech-hubs|title=Charlotte's Tech Job Growth Puts City's Office Market Among The Hottest Of North America's 30 Leading Tech Hubs|date=October 31, 2022|website=CBRE.com|access-date=August 26, 2023}}</ref><ref>{{cite web|url=https://www.zdnet.com/education/computers-tech/tech-jobs-in-charlotte/|title=Tech Jobs in Charlotte, the South's growing technology hub|last=Sweeney|first=Matthew|date=January 19, 2022|website=ZDNET.com|access-date=August 26, 2023}}</ref> The area is an increasingly growing trucking and freight transportation hub for the East Coast. There are a couple of reasons for this growth. First, Charlotte's close proximity to major Interstates 40, 85, 77 or 95. Second, geographically it is also positioned within a 650-mile drive to 53% of the US population.<ref>{{cite web|url=https://www.bizjournals.com/charlotte/news/2018/06/28/where-the-rubber-meets-the-road-for-charlottes.html|title=Where the rubber meets the road for Charlotte's trucking industry|last=Cosgrove|first=Elly|date=June 28, 2018|website=BizJournals.com|access-date=May 23, 2021}}</ref> A number of Charlotte-based logistics companies have experienced a lot of recent growth. There are few notable expansions in the last ten years that have helped to create Charlotte as a logistics hub. In December 2015 FedEx announced plans to build a number of warehouse buildings in a [[Concord, North Carolina]] business park to locate 800 jobs there.<ref>{{cite news | url=https://www.bizjournals.com/charlotte/blog/outside_the_loop/2015/12/fedex-eyes-concord-for-107m-800-employee.html | title=FedEx eyes Concord for 800-employee distribution hub| last=Elkins| first=Ken| work=[[Charlotte Business Journal]] | date=7 December 2015| access-date=23 October 2022}}</ref> In August 2016 Red Classic, Coke Consolidated transportation subsidiary, announced they would be hiring for an additional 300 jobs between August 2016 and the end of 2017.<ref>{{cite news | url=https://www.charlotteobserver.com/news/business/article98158072.html | title=Coke Consolidated unit to add nearly 300 jobs in Charlotte| last=Roberts| first=Deon| work=[[Charlotte Observer]] | date=26 August 2016| access-date=23 October 2022}}</ref> The company as of August 2022 has 357 local employees.<ref name="Sharpio">{{cite news | url=https://www.bizjournals.com/charlotte/subscriber-only/2022/08/26/largest-charlotte-area-logistics-companies.html | title=Largest Charlotte-area logistics companies| last=Sharpio| first=Amy | work=[[Charlotte Business Journal]] | date=26 August 2022| access-date=22 October 2022}}</ref> In October 2022 [[XPO Logistics]] has spun off RXO into a separate company that is a truckload brokerage. The new company has 750 local employees and $4.7 billion in annual revenue<ref>{{cite news | url=https://www.bizjournals.com/charlotte/news/2022/10/14/xpo-logistics-rxo-inc-digital-truck-brokerage.html | title=XPO Logistics spinoff to create new Charlotte publicly traded company| last=Downey| first=Downey | work=[[Charlotte Business Journal]] | date=14 October 2022| access-date=22 October 2022}}</ref><ref>{{cite web|url=https://www.cnbc.com/2022/03/08/xpo-logistics-will-focus-only-on-trucking-will-spin-off-sell-other-units.html|title=XPO Logistics will now focus just on trucking, as it spins off and sell other businesses|last=Holland|first=Frank|date=March 8, 2022|website=[[CNBC]]|access-date=April 2, 2023}}</ref> Also in October 2022 Armstrong Transport Group formerly located in the [[University City (Charlotte neighborhood)|University area]] after relocating to [[South End (Charlotte neighborhood)|South End]] would be adding 100 jobs to its current local headcount of 125.<ref name="Sharpio"/><ref>{{cite news | url=https://www.bizjournals.com/charlotte/news/2022/10/20/vantage-south-end-armstrong-transport-group-growth.html | title=Charlotte logistics company Armstrong Transport Group moves into new HQ at Vantage South End| last=Franco| first=Elise| work=[[Charlotte Business Journal]] | date=20 October 2022| access-date=23 October 2022}}</ref> Others logistics companies that have are large Charlotte presence are Maersk North America with 800 employees, Zenith Global Logisitics with 720 employees, Cargo Transporters with 650 employees,<ref>{{cite web|url=https://www.bizjournals.com/charlotte/blog/outside_the_loop/2013/12/cargo-transporters-to-open-charlotte.html|title=Cargo Transporters to open Charlotte location next month|last=Elkins|first=Ken|date=December 2, 2013|website=BizJournals.com|access-date=April 1, 2023}}</ref> [[Southeastern Freight Lines]] Inc. with 517 employees,<ref>{{cite web|url=https://www.sefl.com/seflWebsite/servlet?action=svcCtrInfo_getSvcCtrData|title=Service Centers & Transit Maps|website=[[Southeastern Freight Lines]]|access-date=April 1, 2023}}</ref> Distribution Technology with 400 employees, and Transportation Insight LLC with 375 local employees.<ref name="Sharpio"/> Charlotte has seen a major construction boom in recent years. [[Zillow]] identified the city as the "hottest housing market" in 2023.<ref>{{Cite web |last=Rapp |first=Jessica |date=2023-02-24 |title=10 Hottest Housing Markets of 2023, and What to Know if You're Shopping in One |url=https://www.zillow.com/resources/stay-informed/hottest-housing-markets-2023/ |access-date=2023-07-14 |website=Zillow |language=en-US}}</ref><ref>{{cite web|url=https://amp.charlotteobserver.com/news/local/article278608644.html|title=Charlotte is one of the best places to buy a house, why the city ranks so high|last=Blackmon|first=Chyna|date=August 25, 2023|website=[[The Charlotte Observer]]|access-date=August 26, 2023}}</ref><ref>{{cite web|url=https://www.forbes.com/sites/brendarichardson/2023/01/12/zillow-picks-charlotte-north-carolina-as-2023s-hottest-housing-market/?sh=25666b652baa|title=Charlotte, North Carolina Is 2023's Hottest Housing Market, Analyst finds|last=Richardson|first=Brenda|date=January 12, 2023|website=[[Forbes]]|access-date=August 27, 2023}}</ref> Numerous residential units continue to be built uptown, including over 20 skyscrapers under construction, recently completed, or in the planning stage.<ref>{{cite web|url=https://www.bizjournals.com/charlotte/news/2021/02/11/state-of-the-center-city.html|title=State of the Center City 2021: $3B in development planned in uptown, midtown, South End|last=Fahey|first=Ashley|date=February 11, 2021|website=BizJournals.com|publisher=Charlotte Business Journal|access-date=May 23, 2021}}</ref><ref>{{Cite web|url=https://www.bizjournals.com/charlotte/news/2021/04/23/cbre-report-midtown-south-end.html|title=South End's meteoric rise into a bustling submarket chronicled in CBRE report, is more growth to follow?|last=Fahey|first=Ashley|date=April 23, 2021|website=Bizjournals.com|publisher=Charlotte Business Journal|access-date=November 27, 2022}}</ref> Many new restaurants, bars and clubs now operate in the Uptown area.<ref>{{Cite web|url=https://charlotte.axios.com/141974/16-projects-under-construction-now-in-uptown-and-south-end-and-10-more-on-the-way/|title=16 projects under construction now in Uptown and South End β And 10 more on the way|last=Sealey|first=Clay|date=October 4, 2018|website=Axios Charlotte|access-date=November 27, 2022}}</ref><ref>{{cite web|url=https://amp.charlotteobserver.com/news/business/development/article272065817.html|title=Growth in uptown and South End sees 'mic drop' numbers as skyline keeps changing|last=Rago|first=Gordon|date=February 3, 2023|website=[[The Charlotte Observer]]|access-date=February 28, 2023}}</ref> Several projects are transforming the Midtown Charlotte/[[Elizabeth, Charlotte, North Carolina|Elizabeth]] area.<ref>{{cite web|url=http://www.metmidtown.com/ |title=Metropolitan Charlotte North Carolina | MetTerrace Townhomes | MetLoft Condos | MetClub Resort | Residential Urban Living North Carolina |website=Metmidtown.com |access-date=July 2, 2010}}</ref><ref>{{Cite web|url=https://www.charlotteobserver.com/news/business/development/article261332437.html|title=Tower proposed for Midtown Charlotte with apartments, shops and hotel|last=Rago|first=Gordon|date=May 11, 2022|website=[[The Charlotte Observer]]|access-date=November 27, 2022}}</ref><ref>{{Cite web|url=https://shoppingcenterbusiness.com/northwood-investors-adds-two-new-concepts-to-metropolitan-shopping-center-in-midtown-charlotte/|title=Northwood Investors Adds Two New Concepts to Metropolitan Shopping Center in Midtown Charlotte|date=October 20, 2022|website=Shopping Center Business|access-date=November 27, 2022}}</ref> Population increases has also brought about [[Gentrification in the United States|gentrification]] in the city, particularly in predominantly [[African Americans|African-American]] neighborhoods such as [[Biddleville (Charlotte neighborhood)|Biddleville]] and [[Cherry (Charlotte neighborhood)|Cherry]].<ref>{{Cite news |last=Kelly |first=Pam |date=March 22, 2016 |title=White people in Biddleville: The story of a changing neighborhood |work=The Charlotte Observer |url=https://www.charlotteobserver.com/news/local/article66963722.html |url-status=live |access-date=July 13, 2023 |archive-url=https://web.archive.org/web/20230714032024/https://www.charlotteobserver.com/news/local/article66963722.html |archive-date=July 14, 2023}}</ref><ref>{{Cite web |last=Glenn |first=Gwendolyn |date=2019-01-21 |title=Finding Home: Cherry Residents Struggle With The Effects Of Gentrification |url=https://www.wfae.org/local-news/2019-01-21/finding-home-cherry-residents-struggle-with-the-effects-of-gentrification |access-date=2023-07-14 |website=WFAE 90.7 - Charlotte's NPR News Source |language=en}}</ref><ref>{{Cite web |title=Addressing Gentrification In Charlotte |url=https://www.wfae.org/show/charlotte-talks-with-mike-collins/2016-04-26/addressing-gentrification-in-charlotte |access-date=2023-07-14 |website=WFAE 90.7 - Charlotte's NPR News Source |language=en}}</ref><ref>{{cite web|url=https://charlotte.axios.com/316880/charlotte-considers-property-tax-relief-to-combat-gentrification/|title=Charlotte considers property tax relief to combat gentrification|last=Chemtob|first=Danielle|date=January 3, 2023|website=Axios Charlotte|access-date=July 14, 2023}}</ref><ref>{{cite web|url=https://www.charlotteobserver.com/news/local/article275954266.html|title=Gentrification vs growth in Charlotte Black neighborhood's: Do we stop it or embrace it?|last=Sparks Vernon|first=Lisa|date=June 21, 2023|website=[[The Charlotte Observer]]|access-date=July 14, 2023}}</ref> In 2013, ''[[Forbes]]'' named Charlotte among its list of Best Places for Business and Careers.<ref>{{cite magazine|title=Best Places For Business and Careers β Forbes|url=https://www.forbes.com/best-places-for-business/|magazine=Forbes|access-date=January 16, 2014}}</ref> Charlotte was listed as the 20th largest city in the US, and the 60th fastest growing city in the US between 2000 and 2008.<ref>{{cite web|title=Charlotte vs. Raleigh Statistics β Carolina Ad Group|url=http://www.carolinaadgroup.com/charlotte-vs-raleigh/|website=Carolinaadgroup.com|access-date=June 6, 2014|url-status=dead|archive-url=https://web.archive.org/web/20140613034942/http://www.carolinaadgroup.com/charlotte-vs-raleigh/|archive-date=June 13, 2014|df=mdy-all}}</ref> {| class="wikitable sortable" |+20 largest employers by number of employees in the Charlotte region<ref>{{cite web | title=Major Employers in Charlotte Region - Charlotte Area Major Employers (Q2 2018) | work=Charlotte Regional Business Alliance | url=https://charlotteregion.com/clientuploads/Data/Major-Employers-Q218.pdf | access-date=24 August 2019 }}</ref> |- ! # ! Name ! Industry ! Number of employees |- | 1 | [[Atrium Health]] | Health Care and Social Assistance | 35,700 |- | 2 | [[Wells Fargo]] | Finance and Insurance | 24,000 |- | 3 | [[Charlotte-Mecklenburg Schools]] | Educational Services | 18,495 |- | 4 | [[Wal-Mart]] | Retail Trade | 17,100 |- | 5 | [[Bank of America]] | Finance and Insurance | 15,000 |- | 6 | [[Novant Health]] | Health Care | 11,698 |- | 7 | [[American Airlines]] | Transportation | 11,000 |- | 8 | [[Food Lion]] | Retail Trade | 7,900 |- | 9 | [[Harris Teeter]] | Retail Trade | 8,239 |- | 10 | [[Duke Energy]] | Utilities | 7,900 |- | 11 | [[Lowe's]] | Retail Trade | 7,801 |- | 12 | [[Government of North Carolina|North Carolina State Government]] | Public Administration | 7,600 |- | 13 | [[Daimler Trucks North America]] | Manufacturing | 6,800 |- | 14 | [[City of Charlotte]] | Public Administration | 6,800 |- | 15 | [[Mecklenburg County, North Carolina|Mecklenburg County]] | Public Administration | 5,512 |- | 16 | [[List of high schools in North Carolina#Union County Public Schools|Union County Public Schools]] | Educational Services | 5,427 |- | 17 | [[US Government]] | Public Administration | 5,300 |- | 18 | YMCA of Greater Charlotte | Arts, Entertainment and Recreation | 4,436 |- | 19 | [[Adecco Staffing, USA]] | Administration and Support Services | 4,200 |- | 20 | [[Carowinds]] | Arts, Entertainment and Recreation | 4,100 |} Summary: Please note that all contributions to Christianpedia may be edited, altered, or removed by other contributors. 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