CHARLOTTE.

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Albemarle will add 30 jobs at its 130-employee local headquarters and add 170 jobs and invest $10.5 million in its Kings Mountain operations center, where the chemical company employs about 150 people. The company could receive up to $4.3 million in state incentives if it meets hiring and investment targets.

Alevo USA filed for bankruptcy protection and planned to close its local plant, idling about 290 employees. The company, a unit of Switzerland-based Alevo Group, made utility-scale batteries. Alevo initially projected it would hire 2,500 people at the former Philip Morris cigarette plant.

Sealed Air Chief Executive Officer Jerome Peribere will retire at year-end. Edward Doheny II. chief operating officer, will...

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