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Fortune 500 firm Sealed Air moving HQ to Charlotte

North Carolina has convinced Fortune 500 packaging company Sealed Air Corp. to move nearly 1,300 jobs to the Charlotte area by relocating its New Jersey headquarters and consolidating management operations from several other states.

 

Sealed Air has about 175 positions in Danbury.  A company spokesman sauid in published reports that manufacturing operations will remain in Danbury, with fewer than 50 non-manufacturing positionsbeing relocated

A North Carolina committee that approves corporate tax breaks on Wednesday approved up to $36 million over 12 years if the company meets job and investment targets. The Elmwood Park, New Jersey, company was expected to announce the move with North Carolina officials later Wednesday.

North Carolina Commerce Department spokeswoman Kim Genardo said the company will consolidate some operations from Connecticut, Wisconsin, Massachusetts and New Jersey into a new headquarters complex in the Charlotte area costing more than $50 million.

Genardo said the company also considered Greenville, South Carolina, before choosing Charlotte.

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Brian Kilmeade

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