Staff Reports

Toshiba America Nuclear Energy Corp., a nuclear power plant engineering and construction management company, will open its national project management and engineering center in Mecklenburg County. The company plans to invest $2.8 million and create 194 new jobs in Charlotte during the next five years.
“North Carolina is a world leader in providing the knowledge-based workforce, design and research support vital to the development of the energy sector,” according to Gov. Beverly Perdue. “Our state’s business-friendly policies and unparalleled quality of life continue to attract top global companies and high-paying jobs.”

The state’s Economic Investment Committee awarded a Job Development Investment Grant to Toshiba America Nuclear Energy Corp. to facilitate the new project. While wages will vary by position, the company plans to create new jobs with an average annual wage of $122,037, not including benefits. This greatly exceeds the Mecklenburg County average annual wage of $49,400.

Toshiba America Nuclear Energy Corp., based in Virginia, is part of Toshiba America Inc., a wholly owned subsidiary of Toshiba Corp. The company markets and sells advanced boiling water nuclear reactors (ABWR) to be constructed in the United States and provides engineering, licensing, construction management, maintenance, and other services for nuclear power plants. The company also sells turbines and other major equipment for nuclear power plants.

Job Development Investment Grants are awarded only to new and expanding businesses and industrial projects whose benefits exceed the costs to the state and would not be undertaken in North Carolina without the grant. Since the first grant was awarded in 2003, the program has been responsible for creating commitments for more than 30,000 jobs and $5 billion in investment in North Carolina.

Other partners that assisted with this announcement include: the N.C. Department of Commerce, the N.C. Department of Revenue, the Charlotte Regional Partnership, Mecklenburg County, the City of Charlotte, and the Charlotte Chamber of Commerce.