Charlotte in North Carolina is the largest city in the state with a population of over 700,000. The city is located in Mecklenburg County. The city has a long and varied history but has now become a major financial metropolis – including the second largest banking center in the US after New York City.
Charlotte is the home of the Bank of America which is a global financial enterprise and one of the largest banks in America along with along with Citigroup, JPMorgan Chase and Wells Fargo. Charlotte is also the home of the east coast operations and the capital markets operations of Wells Fargo bank.
The Charlotte area is also the home of many large businesses including Lowe’s, Goodrich Corporation, Time Warner Cable, Continental Tire, Meineke Car Care, and LendingTree.
Charlotte is a hub of the US motorsports industry including the offices of NASCAR and the NASCAR Hall of Fame. Many of the drivers and associated employees of the motorsports industry are based in this area. Many top US drag racing industry professionals and their teams are also now based in the Charlotte area.
Motor vehicles of a different sort also play a major part of Charlotte’s economy as it is a major hub for the trucking and freight transportation of the East Coast.
The Charlotte suburban area is now the base of many energy companies which has led to it being named the New Energy Capital. There are reportedly over 200 companies in this industry headquartered here which employs over 26,000 people. These companies include Babcock and Wilcox, Electric Power Research Institute, Siemens Energy, Toshiba and AREVA. Blazing the trail in the education related to this industry is the University of North Carolina in Charlotte including the Energy Production and Infrastructure Center. Many energy related professionals are educated at this university.
The city center of Charlotte including the Midtown/Elisabeth area has seen massive development during the past ten years. The area now has many high rise corporate buildings as well as modern condos and townhouses. The uptown area is home to a bustling nightlife including bars, restaurants, and nightclubs.
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