Wal-Mart, AIG say they plan nearly 700 NC jobs - WNCT

Wal-Mart, AIG say they plan nearly 700 NC jobs

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MEBANE, N.C. -

The world's largest retail store chain and a financial company that got the biggest U.S. government bailout five years ago are opening new North Carolina operations that expect to employ nearly 700 workers.

Gov. Pat McCrory's office said Tuesday Wal-Mart Stores Inc. plans to open a grocery distribution center in Alamance County that is forecast to employ about 450. State and local governments offered the retail giant more than $9 million in tax breaks, land, roads and other incentives if it meets job and investment projections.

Insurance giant American International Group plans a Charlotte software design, development and testing center employing 230 people. AIG could get more than $5 million in government sweeteners.

An Israel-based textile maker says it's adding 65 jobs at Spuntech Industries Inc. in Roxboro.

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