(Joint press release with the economic development of the county of Wake and the economic development of Raleigh)
Governor Josh Stein has announced that rallying Corporation, a world supplier of precision technologies in several sectors, will establish its headquarters in the county of Wake, creating 180 jobs and investing $ 2.1 million in the North Hills region of Raleigh.
Ralliant will become an independent public enterprise after its planned separation of fortive corporation (NYSE: FTV) at the beginning of the third quarter of 2025, made up of the segment of fortive precision technologies and built on advanced marks with around $ 2 billion in revenues. The company is reliable for precision technologies that stimulate new generation innovation and the safeguarding of critical mission applications through the test and measurement, specialty sensors and aerospace, defense and spatial subsystems. By establishing its head office in Raleigh, Ralliant will create an innovation and growth center.
“Raleigh is an ideal location with its strong presence of high technology research, the best universities, its skilled workforce and its proximity to our operating companies,” said Tami Newcombe, president and chief executive officer of Ralliant. “We are delighted to build our future here – by driving breakthroughs, empowering progress and shaping the next step.”
The decision to rally to locate their headquarters in Raleigh testifies to the strength of the local economy, the pipeline of competitive talents and the exceptional quality of life. In fact, Raleigh was recently named Top Five City for the headquarters of the site’s selection magazine.
“We understand that companies have many options to establish a new headquarters,” said the mayor of the city of Raleigh, Janet Cowell. “Ralling Corporation chose a city with a talented workforce, a high quality of life and a safe and welcoming environment. The fact that another company establishes a seat of siege in Raleigh and launches revolutionary technologies shows the strength of our big city. »»
Ralliant’s decision was largely motivated by the availability of the best technological talents in the region. As a recently “most efficient big city” by the Milken Institute, the constantly solid labor market in Raleigh is stimulated by a large, well -balanced high -tech sector.
“I am delighted to share that the rallying company will bring up to 180 new jobs with an average salary of $ 189,479 to the county of Wake over the next five years,” said President Susan Evans of the Council of Commissioners of the County of Wake. “We welcome the company and its future employees in our community, and we appreciate the 2.1 million dollars in capital investments they will make for our growing economy.”
This announcement was made possible thanks to the collaboration of a key group of partners, in particular Raleigh Economic Development and Wake County Economic Development, programs of the Greater Raleigh Chamber of Commerce, Capital Area WorkForce Development Board, the City of Raleigh, the economic development partnership of North Carolina, the North Carolina Division of Commerce Division of work solutions, Competonic Comtemolie of the Comtemoble of Weat College.
Raleigh Economic Development (Red) is a program of the Raleigh Chamber in partnership with the City of Raleigh and the economic development of the County of Wake, supporting job creation and capital investment in Raleigh, North Carolina. Located in the heart of the Northern Carolina Research Triangle Region, RED is the main economic development program for the city, conducting efforts to recruit businesses, retention and expansion and brand awareness -raising activities while supporting talents and fair economic development efforts.
Wake County Economic Development is the main organization of economic development of the county of Wake, providing support for economic development for its 12 municipalities. As a program of the Raleigh Chamber, the organization proactively creates an environment in which the county of Wake can develop and prosper, resulting in new jobs and capital investments.