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TheStreet Open House

MetLife Breaks Ground On New Global Technology Hub In North Carolina’s Research Triangle Area

MetLife, Inc., (NYSE:MET), a leading global life insurance and employee benefits company, announced today that it is breaking ground in North Carolina’s Research Triangle area for a new best-in-class global technology hub.

Located in Cary, N.C., the new hub will house the infrastructure that enables MetLife to deliver world-class service to its customers. MetLife’s entry into the Research Triangle area, coupled with its new U.S. retail headquarters in Charlotte, represents a $125.5 million investment in North Carolina. This is on top of the $1.2 billion in insurance funds that MetLife has invested in North Carolina housing, agriculture, commercial real estate, health care and utilities.

To celebrate this important milestone, local stakeholders and supporters, including members of the political, academic and business communities, will join MetLife today at a groundbreaking ceremony. Speakers include Governor Pat McCrory, U.S. Senator Richard Burr, MetLife Chairman, President and CEO Steven A. Kandarian, MetLife EVP and Head of Global Technology & Operations (GTO) Marty Lippert, MetLife Global Chief Diversity and Inclusion Officer Elizabeth Nieto and Highwoods Properties CEO Ed Fritsch. Insurance Commissioner Wayne Goodwin, Cary Mayor Harold Weinbrecht and Wake County Board of Commissioners Chair Joe Bryan will also attend.

“We thank our partners in North Carolina for their steadfast support and for joining us to celebrate this milestone,” said Steven A. Kandarian, Chairman, President and CEO, MetLife. “Our investment in North Carolina underscores our commitment to using technology to deliver a world-class customer experience.”

“North Carolina welcomes MetLife with open arms,” said Governor McCrory. “MetLife is a strong corporate partner to add to the Triangle’s expanding tech-sector and push for continued economic growth of our state.”

In March 2013, Governor McCrory announced that MetLife intends to create 2,600 jobs in North Carolina by the end of 2015, the largest jobs announcement in recent state history.

MetLife is dedicated to recruiting world-class talent and is actively hiring a diverse, global and highly skilled workforce. Over the next 18 months there will be more than 1,000 positions open across various functions including engineering, development, app maintenance, IT risk & security and tech support.

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