As it expands its presence locally, Charlotte-based Jeld-Wen said Thursday it will relocate its corporate headquarters to a new building in the Ayrsley area of southwest Charlotte.
The window and door maker has signed a long-term lease for One Silver Crescent, a 120,000 square-foot building that will break ground later this month near the newly constructed Embassy Suites in Ayrsley, Jeld-Wen said in a statement. The company will occupy the whole building, and management expects to initially have about 200 employees there.
Construction of Jeld-Wen’s new building is expected to be completed by the end of 2017, the company said.
Jeld-Wen first said it would build a new headquarters and training facility in southwest Charlotte earlier this month, but didn’t say then where exactly it would be. It plans to add 200 jobs there over the next five years.
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Mark Beck, Jeld-Wen’s president and CEO, said the company conducted an “extensive search” around Charlotte and was impressed with the amenities in Ayrsley.
“With three hotels, multiple restaurants and recreational outlets, and proximity to the airport and uptown, Ayrsley will serve our associates and customers very well,” Beck said.
For its local expansion, Jeld-Wen is receiving $2.4 million worth of state job incentives grants tied to meeting hiring goals, the company has said, as well as an unspecified amount of local matching incentives from Mecklenburg County and the city of Charlotte.