Sealed Air has officially moved to Charlotte, marking the city’s largest corporate relocation in history. The manufacturer, perhaps best known as the maker of Bubble Wrap and other packaging materials, on Wednesday held a ribbon-cutting of its new corporate headquarters off Tyvola Road.
For North Carolina Gov. Roy Cooper, the event marked the first of many major corporate relocations to North Carolina that he hopes to see during his time in office.
“When you get these kinds of quality jobs and open up an amazing facility for employees, it’s a good day,” Cooper said Wednesday. “I’ve said many times that I want to work to get more money into people’s pockets. The better-paying jobs that we can bring to our state help to do that. I’m excited about having many more of these announcements.”
At its 32-acre campus off Tyvola Road near the airport, the Fortune 500 company now employs over 1,110 people. Sealed Air CEO Jerome Peribere said that workforce figure will grow once Sealed Air closes the deal to sell its Diversey Care unit, which represents about a third of the company, for $3.2 billion.
Cooper said the repeal of House Bill 2, the state’s controversial bill limiting legal protections for LGBT citizens, helped lift a shadow that had been cast over the state’s economy. Many companies, such as PayPal, decided against major expansions to North Carolina over opposition to HB2.
“I think that’s helped open the door for businesses in North Carolina. I’ve talked to a number of CEOs, and they feel comfortable to come to our state. Clearly sporting events are coming back. It’s important to our reputation, but it’s also important for our LGBT citizens in North Carolina,” Cooper said.