A national distributor of metalworking and industrial supplies is planning to build a customer service center in Davidson, creating 400 jobs by the end of 2017.
MSC Industrial Direct Co. Inc., based in Melville, N.Y., said Wednesday it plans to make the future 180,000-square-foot building located at Harbor Place a co-headquarters. MSC hopes to complete construction in 2013, and plans to invest more than $31 million in the project.
MSC has a very aggressive growth plan, said Doug Jones, MSCs executive vice president, global supply chain operations, during a news conference. As we looked ahead, it became apparent that we needed to start laying the groundwork now to ensure that we could handle that growth going forward.
New positions in executive management, information technology, accounting, human resources, product management marketing and possibly other areas will be created in the Davidson service center. The annual pay for these jobs will average about $79,000, plus benefits, Jones said.
Mecklenburg Countys unemployment rate was 9 percent in April, according to the latest data available from the N.C. Employment Security Division.
Some of the new jobs in Davidson may be filled by existing MSC employees who transfer from the companys New York headquarters. MSC made an internal announcement about a transfer package option Wednesday, so the company does not yet know how many employees may transfer south.
MSC hopes potential transfers could bring consistency to the new customer service center and help ease the transition into a co-headquarters system, a company spokeswoman said.
The state awarded a Job Development Investment Grant to MSC. If the company meets annual job-creation and capital-investment targets over 12 years, the grant could yield as much as $11.7 million, according to information from Gov. Bev Perdues office.
The company has also been awarded a grant worth up to $1.05 million from the states One North Carolina Fund.
Mecklenburg County and the Town of Davidson are scheduled to vote on additional grant incentives for MSC.
MSC, founded in 1941, supplies industrial products such as metalworking machinery and workplace safety equipment to customers throughout the U.S.
The company reported second quarter earnings of $60.1 million, an increase of 20.9 percent over the same period last year.
MSC currently employs 64 people in North Carolina at branch offices in Asheville, Camp LeJeune, Charlotte, Greensboro and Raleigh, according to the governors office.
The companys stock price closed at $68.51 on Wednesday, down 29 cents.