Honeywell is to relocate its global corporate headquarters to Charlotte, North Carolina, close to several of its businesses in South East America.
Honeywell also announced it will move the headquarters of its Safety and Productivity Solutions (SPS) business group from Fort Mill, South Carolina, to Charlotte. The final decision is subject to the recently passed North Carolina Job Development Investment Grant (JDIG) legislation becoming law and the final award of State and local incentives, which the company expects to be completed early next week.
As part of the move, around 150 to 200 New Jersey-based senior management positions and about 100 South Carolina-based positions will relocate to Charlotte between now and September, 2019. The company envisions gradually adding around 500 Honeywell corporate and SPS positions to the Charlotte location during the next five years, bringing total employment there to about 750 by the end of 2024.
Any corporate roles added in Charlotte will come from multiple locations, not just New Jersey.
“Today’s announcement reflects our commitment to locate our corporate headquarters close to our large centres in Charlotte alongside Safety and Productivity Solutions, and Atlanta, where our Honeywell Building Technologies and Honeywell Connected Enterprise businesses are located,” said Honeywell chairman and CEO, Darius Adamczyk.
“Charlotte is a top-10 destination city in the US that will readily enable us to recruit and retain the world-class talent we will need over the long term to support Honeywell’s focus on technology and software solutions within our end markets.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
“We also are strong believers in supporting our communities, and we look forward to bringing Honeywell Hometown Solutions – our corporate citizenship initiative – to the Charlotte area.
“Our decision does not reflect any issues with the quality of our experience in New Jersey. We value the strong relationship we have built with the State of New Jersey and with Governor Murphy. New Jersey will remain a substantial employment centre for us.”
Around 1,000 Honeywell employees will remain in New Jersey across the company’s six locations in the State, including about 800 staff at Honeywell’s offices in Morris Plains.
Fort Mill will also continue to be a significant employment centre for Honeywell.