Charlotte-based manufacturer Carlisle Cos. said Thursday that it is relocating its headquarters to Phoenix, effective in the second quarter of this year.
The company decided to move to Arizona because its “footprint has changed,” CEO Chris Koch said in a statement.
“Phoenix will position us closer to many of our major customers, our employees on the West Coast and in Mexico, and provide us better access to our Asia Pacific markets,” Koch said.
Carlisle’s relocation is expected to be completed by the end of 2016. The company expects its offices in Phoenix to be “up and running” by late summer. In a corporate filing, Carlisle said its move will help “streamline administrative functions and coordinate its global strategy.”
The diversified manufacturer employs about 80 people at its Ballantyne headquarters in the Calhoun building on North Community House Road. The company generated $3.5 billion worth of net sales in 2015.
It’s not clear how many of Carlisle’s Charlotte employees will relocate, or whether the company will maintain any presence here. A Carlisle representative could not be reached to comment.
Carlisle relocated to Charlotte from Syracuse in 2001. The company has “enjoyed a great deal of growth and success due, in large part, to the excellent Charlotte business environment” and the local workforce, Koch said. Carlisle had about 20 headquarters employees when it moved to Ballantyne, and has typically run its businesses with a decentralized management structure.
“While it is with great regret that we announce that we are leaving Charlotte, we look to Phoenix to provide the same support and excellent environment that we have enjoyed in Charlotte,” Koch said.
Carlisle is a Fortune 1000 company that divides business into five segments: Construction materials, interconnect technologies, fluid technologies, brake and friction systems, and food service products.
Arizona’s governor hailed Carlisle’s relocation as a positive sign for his state.
“I am extremely pleased to welcome Carlisle to Arizona,” Gov. Doug Ducey said in a statement. “Carlisle’s decision to relocate their corporate headquarters to Arizona not only speaks volumes about our state’s pro-business environment, skilled workforce and quality of life, it is a clear signal of Arizona’s competitive edge.”
Katherine Peralta: 704-358-5079, @katieperalta