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Greater Raleigh Chamber Blog

Economic Development Recap: New & Expanding Companies

5/27/2016

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Seven companies announced plans to move to or expand in Wake County during the month of April, according to the most recent report from Wake County Economic Development. That brings the total number of new and expanding companies in 2016 to 15—bringing 431 jobs and $19.5 million in investment.

Here's a recap of the action in April:

Distil Networks | Raleigh | Software/IT | Expanding
Security software firm Distil Networks will be moving into 7,727 square feet of space at Charter Square. Distil Networks in June closed a $21 million round of funding with plans to bulk up its Raleigh operation.
 
Hall, Render, Killian, Heath & Lyman | Raleigh | Law Firm | New
Hall, Render, Killian, Heath & Lyman, the nation's largest law firm focused exclusively on matters specific to the health care industry, has increased its national presence by expanding into the Southeast with the addition of an office in Raleigh.
 
Industrious | Raleigh | Co-Working Space | Expanding
Industrious, the New York-based company that's been opening co-working space in major metro areas with strong technology sectors like Austin,Atlanta, and Nashville, will expand into another 12,000 square feet at Charter Square, confirms building co-owner Andy Andrews of Raleigh.
 
Infusion | Raleigh | Software/IT | Expanding
Infusion, a New York-based company, will be moving into Charter Square. The company currently operates at 711 Hillsborough St. The move will provide the company with room to grow.
 
McGuireWoods | Raleigh | Law Firm | Expanding
McGuireWoods is expanding its Raleigh office with the arrival of accomplished partners Mary Nash Rusher, Jean Gordon Carter, and Charles Case, who join the firm's leading public finance, private wealth, and environmental practices, respectively.
 
PlayMaker CRM | Raleigh | Software/IT | New
Nashville-based technology firm PlayMaker CRM has officially opened its Raleigh office in downtown's Capital Bank Plaza. The firm is actively hiring, expecting to have up to 15 employees at the Raleigh office by the end of the year. The company competes in the same arena as SalesForce, though it targets a pretty niche market-----a segment that incorporates everything from home health to hospice care-----services and products needed after you leave the hospital. The new office will primarily house a development team.
 
TEKSystems | Raleigh | Staffing Agency | Expanding
TEKSystems, a Maryland-based IT staffing company with offices around the world, has signed a new contract to expand its Raleigh office operations and relocate into a full floor of the new Wade III office building in west Raleigh. The company will be taking 26,827 square feet. 

Never Miss an Announcement

The Wake County Economic Development Recap is produced monthly. The next edition will hit in mid-February. Make sure you stay up to date on all the latest news and more by subscribing here.
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Economic Development Recap: New & Expanding Companies

1/27/2016

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Three companies announced relocations or expansions during the month of December, according to the most recent report from Wake County Economic Development. That brings the total number of announcements between January and December 2015 to 106. Those companies will bring 4,628 jobs and $445 million dollars.

Here's a recap of the action in December:

Homewood Suites by Hilton | Cary | Hospitality | New
A Cary hotel development and management company is purchasing a 2.6-acre site overlooking Interstate 40 at Crossroads Boulevard in Cary with plans to build a new six-story Homewood Suites by Hilton in 2016. Construction is expected to start in spring 2016 with the hotel opening projected for summer 2017.

Mohu | Raleigh | Software/IT | Expanding
Mohu, makers of the Leaf antenna, has unveiled BeBox, a portable audio system that, according to execs, rivals what’s being offered at Sonos and Bose. As the product suite grows, so does Mohu’s workforce. The company, which recently added a second shift to its Raleigh team, has about 100 employees. One year ago, it had 55. The company is headquartered in north Raleigh.

Trophy Brewing Company | Raleigh | Brewery | Expanding
Trophy Brewing Co. opened its production brewery and taproom on Maywood Avenue near the State Farmers Market on the south side of downtown Raleigh. The taproom will have 12 beers on draft, counter pressure filled growlers, a cask engine, and occasional bottle releases. The production brewery features a 20-barrel, three-vessel brewing system. Additionally, the location will start with enough fermentation and conditioning tanks to handle up to 240 barrels (7,440 gallons) of beer at any one time before packaging or kegging. The location will start with distribution to a limited number of restaurants and bars initially, and then expand as it grows.

Never Miss an Announcement

The Wake County Economic Development Recap is produced monthly. The next edition will hit in mid-February. Make sure you stay up to date on all the latest news and more by subscribing here.
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Economic Development Recap: New & Expanding Companies

1/5/2016

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Seven companies announced relocations or expansions during the month of November, according to the most recent report from Wake County Economic Development. That brings the total number of announcements between January and November 2015 to 88. Those companies will bring 2,829 jobs and $445 million dollars.

Here's a rundown of the November news:

Carvana | Raleigh | Software/IT | New  
Technology firm Carvana wants to change the way you buy cars in Raleigh—aiming to eliminate the middleman, aka the dealership, completely. Carvana, which calls itself “the first complete online auto retailer,” bringing free, next-day delivery of automobiles to Raleigh residents, is already available in five other markets, including Charlotte, Atlanta, and Austin. Today, four people work out of the Raleigh location. Within the next two years, the company hopes to increase the local team to 25 and to move into a new local headquarters campus. The Raleigh launch means that residents within a 100-mile radius of the city can log onto the Carvana website and purchase a vehicle entirely online. That includes financing vehicles, purchasing, and trading in cars.

Cisco Systems, Inc. | Research Triangle Park | Software/IT | Expanding
Cisco continues to grow. With 4,800 employees, the site in RTP is one of three “mega-sites” around the world. The company has had steady growth and will continue to hire.

FilterEasy | Raleigh | Start-Up | Expanding
FilterEasy, the company that ships air filters to homes as a subscription service, is growing and hiring for a variety of positions, including project manager, senior accountant, and graphic designer.  

IMLeagues | Raleigh | Start-Up | Expanding
With 95 percent of all intramural programs and hundreds of fitness centers and clubs using its platform, this Raleigh startup led by a pair of brothers is in need of a product designer and software engineer to continue its development and growth.

K4Connect | Raleigh | Start-Up | Expanding
With nearly $2 million in new funding and a large contract with a Pennsylvania chain of senior living communities, K4Connect is building up a team to bring to market its technology that connects devices, systems, and applications in one mobile app to give seniors and people with disabilities more control over their homes and lives.

Merz North America | Raleigh | Biotech/Pharma | Expanding
Merz North America, which recently moved the company's North American operation from Greensboro to Raleigh, has 278 employees. Despite the fact that Merz's current campus can house 330, the company wants to acquire more space in the Triangle. Last year, growth was at 32 percent. This year, the company expects to grow by 19 percent.

Workplace Options | Raleigh | Insurance | Expanding
Dean Debnam, CEO of Raleigh-based Workplace Options, has acquired two more office buildings at the Highwoods Office Park in north Raleigh adding nearly 80,000 square feet of office space. It's anticipated that the company will need to hire up to 70 people. Workplace Options currently employs about 400 people in Raleigh, plus another 300 people at its offices across the U.S. and around the globe.

Never Miss an Announcement

The Wake County Economic Development Recap is produced monthly. The next edition will hit in mid-January. Make sure you stay up to date on all the latest news and more by subscribing here.
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