100 jobs lost as Advance Auto Parts corporate office moves south - Bring Me The News

100 jobs lost as Advance Auto Parts corporate office moves south

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Advance Auto Parts will close its 100-person Minnesota corporate office and move those jobs from its office in Bloomington to Raleigh, North Carolina.

The Business Journal reports that the Minnesota office, which opened in 2009 and has housed the company's CEO and CFO, will close in September of 2015.

WRAL in Raleigh reported that Advance Auto will expand its support center operations and add 600 jobs, including positions in merchandising, marketing, supply chain and commercial sales. Compensation for the new positions will vary, but the station said that pay will average about $110,000 a year. The Raleigh expansion is being supported by a North Carolina Job Development Investment Grant worth $17.4 million over 12 years.

According to a news release, the Roanoke store support center will be the "hub for the majority of enterprise-wide corporate functions that support day-to-day operations." The Raleigh support center will be the hub for "functions that most directly impact customers."

Advance Auto Parts is headquartered in Roanoke, Virginia. WDBJ in Roanoke reports that some of the jobs there will shift to Raleigh, but 1,600 workers will remain employed in the area, with around 1,000 of them working at the Roanoke store support center.

In January, Advance Auto completed its $2 billion acquisition of General Parts International, which had its corporate headquarters based in Raleigh. The acquisition created the largest automotive aftermarket parts provider in North America, with annual sales of more than $9.3 billion, according to the company. Advance Auto has more than 5,200 stores in the U.S., Puerto Rico, the Virgin Islands and Canada and employs about 74,000.

Advance Auto Parts operates 5,276 company-owned stores, 105 Worldpac branches, and served 1,400 independently-owned Carquest branded stores. The company announced it will close about 100 stores around the country, but has not identified which ones.

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