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Time Warner Cable Invests $62 Million in N. C. with 2 New Buildings

New state of the art buildings will better serve Time Warner Cable customers

Release Date: 08/05/2009

Charlotte, NC  - Within three months, Time Warner Cable has opened two multi-million dollar office buildings in North Carolina.  Over the past few weeks, hundreds of Raleigh employees have moved into a new $33 million facility at 4200 Paramount Parkway in Morrisville.  A $29 million Charlotte building opened in May.

Press Packet:
 
Raleigh Operations Center ribbon cutting (enlarge)
 
Raleigh Operations Center (enlarge)
 
New Charlotte building (enlarge)

A ribbon cutting was held today at the Raleigh Operations Center in Morrisville. “Constructing two state-of-the-art facilities for our employees further solidifies Time Warner Cable’s commitment to North Carolina,” said Mike Munley, president of network operations.  “As the communities in which we live and work continue to grow, these campuses provide us with the opportunity to expand our operations in the coming years.”

Both buildings are expected to receive a LEED certification by the U.S. Green Building Council, showcasing Time Warner Cable’s dedication to seek more efficient ways to build.  “Building green office facilities not only protects the environment, it also creates a healthy work environment for our employees,” said Jim Jeffcoat, senior vice president of corporate services. 

The four-story Raleigh Operations Center is more than 160,000 square feet.   "We are truly excited to bring employees from multiple operations around the Triangle into one facility,” said Chris Whitaker, vice president and general manager for Time Warner Cable Raleigh.  “Consolidating our operations into one location will ultimately allow us to serve our customers even more efficiently.” 

The new Charlotte building is located in the Charlotte Corporate Campus at 7820 Crescent Executive Drive.  The four-story building, which opened in May, is more than 103,000 square feet.  The expansion in Charlotte was made possible in part by a Job Development Investment Grant from the State of North Carolina.  The performance-based grant was awarded in 2008 to support the company’s commitment to add 200 jobs paying an average salary of $70,375, significantly higher than the Mecklenburg County average.

About Time Warner Cable
Time Warner Cable’s Carolina Region provides video, Internet and telephone services to more than two million customers in more than 400 cities and towns across North and South Carolina. Time Warner Cable is the second-largest cable operator in the U.S., with technologically advanced, well-clustered systems located in five geographic areas-New York State, the Carolinas, Ohio, southern California and Texas. Time Warner Cable serves more than 14 million customers who subscribe to one or more of its video, high-speed data and voice services.  Time Warner Cable Business Class offers a suite of phone, Internet, Ethernet and cable television services to businesses of all sizes.  Time Warner Cable Media sales, the advertising arm of Time Warner Cable, offers national, regional and local companies innovative advertising solutions that are targeted and affordable.  More information about the services of Time Warner Cable is available at www.timewarnercable.com, www.twcbc.com, and www.twcmediasales.com.

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