METLIFE BREAKS GROUND ON ITS THIRD BUILDING IN CARY, NORTH CAROLINA
MetLife is expanding its Global Technology campus in Cary, adding to the approximately 1,500 workforce
NEW YORK, October 27, 2017
Today, MetLife, Inc. (NYSE: MET) broke ground on the third building at its Global Technology campus in the Research Triangle area of North Carolina. This new building continues MetLife’s broader strategic effort of transforming the workplace experience by bringing employees together in state-of-the-art, collaborative environments while significantly lowering operating costs.
Since the Global Technology campus grand opening in 2015, MetLife has built a diverse, highly skilled workforce of approximately 1,500 technologists, and the new building will bring more than 500 additional highly skilled jobs to Cary, North Carolina.
The expansion of the Global Technology campus demonstrates MetLife’s commitment to investing in digital initiatives to transform its customer experience around the world. The new building will be home to MetLife’s Global Innovation Center which will be focused on insurance industry transformation by bringing innovative startups to our technology campus.
“To win in the marketplace, we must design products that customers need, make them simple to buy and use, and deliver a superior digital experience. Our work on this campus will help drive that effort,” said Steve Kandarian, MetLife’s Chairman, President and Chief Executive Officer. “MetLife is pleased to be deepening our relationship with North Carolina given the favorable business environment, abundance of talent, and the competitive costs of doing business here.”
“Today is an important milestone for MetLife that reaffirms our commitment to creating a culture of innovation and earning the right to be our customers’ first choice,” said Marty Lippert, executive vice president and head of MetLife’s Global Technology & Operations organization. “We are proud to have our Global Technology campus based here in the Research Triangle, and the expansion to a third building is a reflection of the rich talent and strong partnership we have developed in the region.”
Today’s celebration drew North Carolina elected officials and dignitaries including Governor Roy Cooper, U.S. Senator Richard Burr, U.S. Senator Thom Tillis, Congressman George Holding and Congressman David Price.
“We’re happy to call MetLife one of our strongest corporate partners in North Carolina, with major operations in Wake and Mecklenburg counties and plans to have a positive impact on our state’s economy for years to come,” said Governor Roy Cooper. “North Carolina is the right place for MetLife to keep growing including by expanding their Research Triangle campus.”
A work environment focused on productivity, connectivity, diversity and wellness
The completed Global Technology campus will be comprised of three 213,500 square-foot office buildings that integrate design and technology to foster an open and flexible work environment. The existing buildings have achieved Leadership & Energy Environmental Design (LEED) certification for environmental sustainability, with the newest building seeking the same.
The campus sits on 26.5 acres, overlooks a terrace fronting Lake Crabtree and features an outdoor amphitheater, basketball court and walking trails. Other amenities at the campus include:
- Campus-wide Wi-Fi
- Workstations, offices and numerous informal and formal meeting spaces
- Collaborative meeting rooms and open work spaces with writable walls
- Global videoconferencing capabilities
- Adjustable, sit-stand desks
- Wellness rooms
- Fitness center
- Coffee bars
- Structured parking
The newest building will be developed by Highwoods Properties, who delivered the first two buildings in 2015. Construction will be completed in the first quarter of 2019.
A Community Presence Beyond the Campus
Since 2013, MetLife employees have contributed thousands of volunteer hours to local community service projects. MetLife and MetLife Foundation have committed more than $5.2 million to support a wide range of community initiatives in North Carolina. MetLife Foundation also awarded $7.9 million to the Center for Advanced Hindsight at Duke University to create Common Cents Lab, which focuses on improving the financial health of low- and moderate-income households. The company is also hosting events at the new campus with community organizations, from those that serve disabled veterans to those that share emerging innovations with local technologists.
MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com.