GMAC adding jobs in the Charlotte Market!!!
"GMAC Financial Services will receive up to $4.49 million in incentives to bring 200 new banking jobs to Charlotte.
N.C. Gov. Bev Perdue and a handful of local officials announced the jobs Friday afternoon during a ceremony at the Charlotte-Mecklenburg Government Center.
GMAC Vice President Anthony Marino says the jobs will be divided among the company’s existing Charlotte-area offices and include positions in marketing, compliance and project management.
The jobs will be filled over the next two years.
“I’m actually going to post 37 new jobs today,” Marino said after the ceremony.
The incentives will be provided over nine years if the company meets criteria that include $16.4 million in capital investments, including lease payments, the N.C. Department of Commerce says. The 200 jobs will have a average wage of $96,124.
“It’s all about jobs,” Perdue told a large gathering of local business leaders and elected officials. “It is a tremendously important opportunity. We have made a new friend.”
The governor touted the GMAC jobs in the midst of rising unemployment. “Let me emphasize: The state has a real investment in their success,” she said.
Perdue hinted at more corporate prospects for the Piedmont but offered no details.
Marino, chief of human resources at GMAC, says the new jobs are necessary as the company transitions to bank-holding company status, a move started last year to make GMAC eligible for federal aid.
“As a bank holding company, there are certain skills we needed to have in areas such as compliance, treasury and legal,” he says. “We looked globally, and when we looked at Charlotte it was a perfect fit. We could quickly find the skills we were looking for in the banking sector.”
Marino says GMAC has banking positions at a number of other sites, including New York, Detroit and Indianapolis. He declines to name other locations the bank considered for the expansion that’s coming to Charlotte.
Mayor Pat McCrory noted the layoffs at Charlotte’s big banks but praised the cooperation of state and local government in recruiting the GMAC expansion. “There are people being laid off across the street,” the mayor said. “We empathize with them.”
McCrory noted GMAC executives told him over lunch earlier in the day that the city’s existing labor pool — particularly in banking — played a role in the company’s decision to grow here.
Speculation began early this year about GMAC moving operations to Charlotte. The Charlotte Business Journal in January reported former Bank of America Corp. (NYSE:BAC) Chairman Hugh McColl Jr., among others, was pushing for the company to focus on center city for more offices. GMAC already runs a Ballantyne location, where it has a 200-employee back-office operation.
Some believed GMAC planned to move its headquarters here from Detroit. But officials say GMAC will maintain its headquarters in Michigan.
The early speculation about GMAC’s plans was fueled, in part, by the fact that former BofA Chief Financial Officer Al de Molina, who became chief executive at GMAC in April, has maintained a residence here. Although, Marino says de Molina will have an office in Charlotte.
GMAC is a global financial-services company with operations in about 40 countries. Its services include auto financing, real estate financing, insurance and commercial financing.
It is a division of General Motors Corp. (NYSE:GM) of Detroit."
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