Scout Motors
Coverage (3 articles)
SMBC Group Commits to 2,000 Charlotte Jobs in $76 Million Incentive Deal
SMBC Group, the banking arm of one of Japan's three largest financial institutions, has committed to 2,000 jobs in Charlotte over six years in exchange for an estimated $76 million public incentive package.
Why Scout Motors Picked Charlotte For Its U.S. Hub And What Mecklenburg County Put On The Table
Scout Motors picked Charlotte's Plaza Midwood for its U.S. hub, promising 1,200 high-wage jobs and $200 million in investment in exchange for performance-based public incentives.
Mecklenburg County Invested $390 Million in New Jobs, $334.6 Million in Housing, and Still Had to Feed 140,000 Residents When the Federal Government Shut Down
Commission Chair Mark Jerrell delivered his 2026 State of the County address, covering $390 million in new economic development projects, $334.6 million in housing investments since 2018, a record MECK Pre-K enrollment year, and a pointed message to the General Assembly about unfunded mandates — all while recounting how the county fed 140,000 residents during the federal government shutdown.