Regional Report Charlotte August 2011

 In 2011-08

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CHARLOTTE — Compass Group USA plans to add 200 jobs here within four years, making it eligible for up to $1.7 million in state incentives. The food-services company, part of London-based Compass Group, employs more than 1,000 in the Queen City, the subsidiary’s headquarters.

CHARLOTTEKevin Scott resigned as CEO and president of Electrolux’s North American unit. The Sweden-based parent company, which makes appliances, said the departure was planned but would not elaborate. Jack Truong, who over 22 years held numerous positions at 3M, will replace Scott.

CONCORDCity officials agreed to pay Speedway Motorsports, which owns Charlotte Motor Speedway, $2.8 million during the next three years to settle a lawsuit over incentives. Owner Bruton Smith sued the city, contending that it had reneged on a promise to pay for improvements to keep the track in Concord.

MOUNT HOLLYBuckeye Technologies, which makes specialty fiber for baby wipes, napkins and other products, plans to close its plant in Canada and move production here. The Memphis, Tenn.-based company didn’t say whether it will add to its local workforce of more than 100.

CHARLOTTE — Jetion Solar (US), part of Jetion Solar China, plans to begin production of solar panels at its North American headquarters here by year’s end. The factory, which will employ as many as 36, will be the company’s first outside its home country.

Daimler Trucks North Americawill add nearly 700 jobs at its Freightliner plants in Gaston County by the end of the year, according to the company and the United Auto Workers union. The Mount Holly plant will add 570 workers by mid-September, giving it nearly 1,450, while the Gastonia plant will add 124 in October, increasing employment there to about 1,125. Some of the hires will be workers recalled from layoffs by the truck maker.

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