According to research from the former Charlotte Regional Partnership, there are 194 German-owned firms in the greater Charlotte region; making Germany the most largely represented foreign country in the region. Learn more about Germany’s investment in Charlotte and why so many German firms have chosen to conduct business in our region.
In June, the Charlotte Regional Partnership announced that it was launching a new quarterly economic activity report to capture an overarching look at capital investment, job growth and other important business data across the 16-county Charlotte region. We read the published report and learned that the vast majority of companies that located or expanded in the region are manufacturers. The report also reinforced that financial services is not the largest employer among the region’s industry sectors (it is healthcare by a large margin). Read the new report here.
Did you know that healthcare accounts for 1 in 10 jobs in the Charlotte region? That represents more than 137,000 diverse workers offering varied skill sets and education levels. And did you know that the Charlotte region has the largest concentration of medical device manufacturers in the Carolinas? With a total impact estimated at $13.4 billion, the healthcare sector has a significant, and rapidly-growing, impact on the Charlotte region’s economy. Learn more about our local healthcare sector via industry reports published by the Charlotte Chamber of Commerce and the Charlotte Regional Partnership.
The Charlotte Regional Partnership is a nonprofit, public/private economic development organization that leverages regional resources to market the 16-county Charlotte region. The organization markets the Charlotte region as a “Center for International Business” by promoting the following ten factoids.
- Largest concentration of foreign-owned firms between Washington, D.C. and Atlanta; German, British and Japanese parent companies represent the countries with the largest representation of foreign-owned firms
- Home to Charlotte Douglas International Airport (CLT), 5th-busiest airport in the U.S. and only 15 minutes from uptown Charlotte
- Never more than one plane change away from any business destination
- If the Carolinas were a country, would be the 17th largest economy in the world
- More than 40 languages spoken in the Charlotte region
- Five language immersion programs in French, German, Mandarin Chinese, Spanish and Japanese
- Twelve honorary consuls located within the Charlotte region
- More than 715 daily departures to 159 nonstop destinations, including nonstop daily service to international business destinations such as London, Frankfurt, Munich, Rome, Paris, and Mexico City
- Foreign Trade Zone #57
- Siemens Energy, Areva NP, Dassault Systèmes, Okuma, Toshiba and Compass among largest foreign-owned firms