CHARLOTTE, N.C. (AP) — Appliance maker Electrolux announcedplans Friday to create more than 800
additional jobs over the next fouryears in Charlotte as it expands next to its North
Americanheadquarters.Gov. Pat McCrory and Commerce Secretary SharonDecker joined Electrolux Major Appliances
North America CEO Jack Truongto announce construction of a new six-floor, 375,000 square-footfacility for
marketing, research and development and other companyoperations.McCrory’s office said the company plans to
invest $85million in Mecklenburg County and create jobs by the end of 2017 withaverage annual compensation
of about $100,000.About half of theSwedish company’s nearly 1,500 current North Carolina employees work
atthe headquarters, which came to Charlotte in 2010 from Georgia. Thecompany also operates a dishwasher
manufacturing facility in Kinston andparts distribution center in Henderson County."This
announcementhelps solidify our position as a state with a skilled workforce andstrong business climate, and
a place where global companies operatetheir North American headquarters with much success," McCrory
said in anews release.A state committee agreed earlier Friday to award amaximum of more than $27 million in
cash grants to Electrolux over 12years if they meet investment and job creation requirements. The
JobDevelopment Investment Grants are based on a percentage of the personalincome tax withholdings generated
from qualifying jobs.Under theterms of the agreement released by the Commerce Department, Electroluxmust
create at least 412 jobs by the end of 2015, rising to 648 jobs bythe end of 2017, to continue receiving
grants. The company also mustinvest at least $76.5 million by the end of 2016, the agreement
said.Electrolux,with 58,000 employees worldwide, builds and sells refrigerators, vacuumcleaners and others
products under brands such as Electrolux,Frigidaire and Kelvinator.Copyright 2013 The Associated Press. All
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