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New jobs for Charlotte, Oxford

By David Mildenberg - Jul 22, 2014 - 2:00:00 pm

Spectra Group Inc., a Princeton, New Jersey-based software consulting company, plans to add as many as 250 jobs in Charlotte over several years after receiving a $2.9 million grant approved today by the N.C. Department of Commerce, agency spokesman Daniel Spuller said. The grant is spread over 12 years and hinges on the company meeting job targets. The jobs will pay an average annual wage of about $85,000.
Spectra’s clients include Royal Bank of Canada's RBC Capital Markets division and Boston-based State Street Corp., according to the company’s website. President Aditya Narra said Spectra considered Austin and Tampa before selecting Charlotte because of its proximity to the Northeast and quality of life issues. Its office opens Aug. 1 in a 12,864-square-foot space in BB&T Center in downtown Charlotte.

Separately, New York-based Ideal Fasteners Corp. is adding 155 jobs over five years in Oxford, a Granville County city 40 miles north of Raleigh, according to a release from Gov. Pat McCrory’s office. The company, which now employs 226 people in Oxford, is receiving as much as $1.3 million over 12 years. The new jobs will pay an average of $35,200. Ideal Fasteners bills itself as the world’s second-biggest zipper manufacturer in the world.

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