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Charlotte Real Estate Recovery – New Jobs Impact the Area Real Estate Market

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Real Estate Agent with Savvy + Company (704) 491-3310 228209

Charlotte Real Estate Recovery – Yes, New Jobs Affect Our Real Estate Market Too!

Celgard comes to Concord!  Jobs Available!Celgard, a Polypore International company, is expanding to the Charlotte Metro area of Concord, NC. The new plant, which opened last month, builds lithium battery parts which are used to power electric and hybrid vehicles. These batteries are sold here and throughout the world as well.

The new plant opened in Concord last month and has been hiring over 250 employees to fill over 1/4 of Celgard’s total number of employees across the state. The average salary is expected to be $38,000, just above the average Concord salary of $33K.

The new facility, announced last September, is now complete and cost approximately $100M to build. The cost was deferred significantly by State and Federal grants, including the Federal and American Recovery and Reinvestment Act. Of course, our area residents are most appreciative to the active Chambers of Commerce in our area, and our Governor, Beverly Purdue, who have been consistently bringing business to the Charlotte Metro area–even during trying economic times.


Read more: http://www.icharlotterealestate.com/charlotte-real-estate-recovery-yes-new-jobs-affect-our-real-estate-market-too/#ixzz1ValSAdyL

Comments(7)

Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

New business and  new jobs help the entire area including the real estate industry.

Margaret

Aug 20, 2011 06:58 AM
Jamie Dumaine-Russell
RE/MAX Alliance - Branford, CT

Debe - This has got to be great news for everyone in the area and sure to help boost the economy and the Charlotte NC real estate market.

Aug 20, 2011 07:07 AM
Carla Muss-Jacobs, RETIRED
RETIRED / State License is Inactive - Portland, OR

This is good news and interesting . . . not only for new jobs in Charlotte, but it means that more auto manufacturers must be thinking they'll NEED these batteries for future models coming off the assembly line.

Aug 20, 2011 09:17 AM
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Eighteen Years Experience in Brevard County

Positive economic news is great for any area these days. It does seem the NC is leading the way.

Aug 20, 2011 09:57 AM
William Johnson
Retired - La Jolla, CA
Retired

Hi Debe, I must say, I do like your "Jobs" post. Something else I hadn't thought of but sure makes a lot of sense to be bringing forth some "Good News" .

Aug 20, 2011 12:02 PM
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Debe - WOW, another company is moving to Charlotte?  That is EXCELLENT news!

Aug 20, 2011 01:06 PM
Kathy Clulow
Uxbridge, ON
Trusted For Experience - Respected For Results

Debe - 100 million is a very nice injection into the local economic recovery and the addition of 250 full time jobs will help to insure it continues ..... Have a Great Day

Aug 21, 2011 02:32 AM