Jobs Watch: More Than 300 Jobs Slated For Mecklenburg County Print
Local Government
By Administrator   
Monday, 13 July 2015 05:29

RALEIGH, (SGRToday.com) - Charlotte has snagged another regional headquarters. Dimensional Fund Advisors LP (Dimensional) will be locating its East Coast regional headquarters in Mecklenburg County, adding more than 300 jobs over the next five years.

The move will also bring a capital investment of roughly $105 million for acquiring property, building and outfitting a new office building.

The jobs will range from administrative support to key leadership positions. Salaries will vary, but average annual wages are projected to be $147,025. The average annual wage for the county is $59,882.

Dimensional is a Texas-based global investment company in business for 35 years.

The project was made possible in part by an award to Dimensional from the state Job Development Investment Grant (JDIG) program, as voted by the state Economic Investment Committee.  Receipt of the award is based on proof of job creation and other performance requirements. JDIGs are awarded only to new and expanding businesses and industrial projects whose benefits exceed the costs to the state and which would not be undertaken in North Carolina without the reimbursement.