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​Cognizant Announces Expansion in Mecklenburg County

12/20/2018

Today, Gov. Roy Cooper and County leaders announced the expansion of Cognizant Technology Solutions in Mecklenburg County. This expansion will bring 300 new jobs to Mecklenburg County over the next five years. The Fortune 500 company currently has 963 employees at their site in Mecklenburg County. The average annual salary for the new positions will be $68,270.

"We are excited to see continued growth in tech jobs and diversification in our County economy," said George Dunlap, chairman of the Mecklenburg Board of County Commissioners. "Cognizant is a highly valued partner who has been actively engaged in advancing economic mobility. This is evident by their choice of Mecklenburg County nonprofit, Goodwill Industries of Southern Piedmont, for their first foundation grant to expand technology education in Charlotte."

Mecklenburg County is supporting the investment through a Business Investment Program (BIP) grant of $87,178 over five years. The County estimates an additional $773,751 in net revenue over the five-year grant.

Cognizant's expansion in Mecklenburg County was made possible, in part, by a Job Development Investment Grant (JDIG) approved by the state's Economic Investment Committee. The committee approved a grant of $2,012,250 over the course of 12 years. The project will grow the state's economy by an estimated $704 million.

This project was a collaborative effort between the North Carolina Department of Commerce, the Economic Development Partnership of North Carolina, the North Carolina Governor's Office, North Carolina General Assembly, the North Carolina Community College System, Mecklenburg County, City of Charlotte, Charlotte Regional Business Alliance, Central Piedmont Community College, North Carolina State University, UNC Charlotte, Northeastern University, Western Carolina University, the Centralina Workforce Development Board, Charlotte Works, Goodwill Industries, Coder Foundry and Tech Talent South.

Cognizant is a leading provider of information technology, consulting and business process services. As a global leader in professional services, the company transforms clients' business, operating and technology models for the digital era.