Officials with forest and lawn equipment producer Husqvarna say the company will follow through with its earlier decision to consolidate its North American headquarters in Charlotte, thanks in part to sweeteners from North Carolina taxpayers.
State officials decided Thursday to give the company up to $2.5 million if it doubles its current Charlotte work force of 160 and retains the jobs for nine years.
The announcement is set for 10 a.m. at Husqvarna Forest & Garden on Statesville Road. The company's parent, Husqvarna AB of Sweden, has ties to appliance giant Electrolux, which announced plans last month to move its headquarters to Charlotte.
Husqvarna decided last summer to move its North American headquarters from Augusta, Ga., to Charlotte. But state officials said the company claimed South Carolina offered nearly $11 million to move just a few miles across the state line.
Electrolux spun off Husqvarna AB, and soon after, the company completed a series of acquisitions, adding to its portfolio of power equipment including chain saws, trimmers, blowers and cutting equipment. It now has 15,700 employees worldwide.
Husqvarna's complex on Statesville Road includes a headquarters for the Forest & Garden division, an assembly operation for some equipment, a distribution center and a test track for the company's riding mowers.
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