Albemarle Corp. is expanding its facilities in Cleveland County and its SouthPark headquarters, the company said Monday.
Albemarle, which specializes in the production of chemicals such as lithium for batteries, said it will create 170 new jobs in Cleveland County, where it operates a lithium facility in Kings Mountain. The company will also add 30 jobs to its Charlotte headquarters, based in the Capitol Towers development off Carnegie Boulevard.
The company currently employs about 130 in Charlotte. Albemarle announced in 2015 that it was relocating its headquarters from Baton Rouge, La., to Charlotte, with the help of a $2 million state incentives package. Albemarle employs about 150 now in Kings Mountain, meaning it will more than double its employee base there.
“North Carolina continues to be a leader in the chemical science industry because of our world-class workforce,” said Gov. Roy Cooper, in a statement. “Albemarle Corporation’s decision to expand in North Carolina bolsters this thriving industry in our state.”
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The state on Monday approved a $4.3 million grant for Albemarle, paid over 12 years, if the company creates the required jobs. Albemarle’s jobs in Kings Mountain will include operations and engineering services positions, with salaries averaging $78,225 – more than twice the average salary in Cleveland County.
“Albemarle is pleased to build upon our recent corporate headquarters relocation to Charlotte and invest in expanding our footprint in Kings Mountain,” said Luke Kissam, Albemarle’s CEO, in a statement. “The functions we are adding at Kings Mountain will enable us to grow key business functions that support current global operations and position Albemarle to pursue future growth opportunities.”