Relocation plans of two major companies with Augusta headquarters are progressing after the approval Tuesday of economic incentive packages from local governing boards in Charlotte, N.C.
Swedish-based appliance maker Electrolux will receive about $1.28 million over the next five years from a combined award from the city of Charlotte and Mecklenburg County, while Husqvarna Outdoor Products Inc. will receive about $241,700 over the next five years, said Melissa Johnson, deputy city clerk for Charlotte.
North Carolina also is giving Electrolux a $1.2 million grant from the state’s One North Carolina Fund.
Both companies announced plans to relocate from Augusta last year in favor of Charlotte.
They will have to pay back the grants if they move from Charlotte before five years.
Husqvarna, which makes lawn mowers, chain saws and other garden equipment, was spun off from Electrolux in 2006. The company has previously said its move should be complete by this summer. It has employed about 100 people at its Stevens Creek facility.
Electrolux is consolidating seven of its U.S. offices into one location. That included the move of its Major Appliances North America headquarters in Martinez and will result in the loss of about 315 jobs.
The company’s customer service center on Bobby Jones Expressway will remain in Augusta.