Fidelity to open new facility in North Carolina

Fidelity Investments, the nation's largest mutual fund company, plans to spend $100 million to build a new facility in Wake County that will employ 2,000 workers, Gov. Mike Easley said today.

Fidelity already has about 1,000 employees at the massive Research Triangle Par, and Easley said the new jobs will pay an average annual salary of at least $58,400 plus benefits. It was not immediately clear if the jobs are new positions, or would move from another of Boston-based Fidelity's locations.

The company will receive a large combination of state incentives, worth nearly $60 million dollars over 12 years should Fidelity create all the jobs it has promised, Easley said.

Fidelity employs about 38,000 people at its headquarters and offices nationwide. The company had $2.6 trillion in customer assets of May 31, including more than $1.3 trillion under management. (AP)