Notable Business Announcements

Part of the Office of Economic Development and Innovation 


Jump To:

 
General Software and IT Healthcare Financial Sector

Raleigh continues to see strong activity from prospective and existing businesses looking to expand and grow their operations. With more than 4,900 new jobs and $198 million of investment announced in our community in FY19, Raleigh continues to rank among the top locations to do business. View some of our major announcements by category below. 

General

Advance Auto Parts | HQ, Consumer/Software/IT | 435 jobs
Advance Auto Parts, a Fortune 500 company, is moving its corporate headquarters to Raleigh and adding up to 435 new jobs over five years. This project is an expansion of the company’s existing corporate functions and many of the roles will be focused on technology, data analytics and eCommerce, among others.

YMCA Southeast Raleigh
The 32-acre “Beacon” campus near Interstate 440 and Rock Quarry Road includes a new YMCA, an elementary school and more. The community center and school opened for the 2019-2020 school year. A new 120-unit affordable housing development with two- and three-bedroom homes are planned for the 32-acre site as well as a bank, grocery, restaurant and health clinic.

Software and IT

Bandwidth | HQ, Software/Communications | 1,165 jobs

Bandwidth, a homegrown and fast-growing software communications technology company, will add 1,165 jobs in west Raleigh. The 40-acre property, which will serve as the company's primary headquarters, will house the 500,000 square foot facility that will improve parking capacity. The headquarters will also include a Montessori school for children aged nine months to five years old.

Pendo | HQ, Software/IT | 590 jobs
Pendo, another homegrown and fast-growing cloud technology start-up will add 590 new jobs in downtown Raleigh. The location will serve as the company’s primary engineering hub. The expansion comes on the heels of the company’s $50 million venture capital investment announced in September 2018. In recent years, Pendo has used venture capital to fund expansions across the country and overseas.
 

Healthcare

Cellectis SA| Life Sciences | 200 jobs | $68.6M investment
Cellectis, a clinical-stage biopharmaceutical company, is planning to create up to 200 jobs as it locates its U.S. commercial-scale manufacturing facility to Raleigh. Founded in 1999, Cellectis harnesses the immune system to target and eradicate cancers. Cellectis intends to build the world’s first manufacturing facility in North Carolina that will put together gene editing and cell therapies. The state-of-the-art facility will reflect the company’s cutting-edge advances in manufacturing sophisticated gene-edited cell therapies at a commercial scale. Cellectis intends to create a variety of positions in Raleigh including scientists, engineers, analysts, manufacturing and operations personnel with jobs above the average salary.

Workplace Options | Healthcare | 100 jobs | $10M investment
Workplace Options, an employee wellness company based in Raleigh, is expanding its campus and adding 100 new jobs. The new building will add 70,000 square feet of space and result in $10 million worth of investment for construction of the facility with an additional $3 million for interior upfit. Workplace Options currently employs 400 in Raleigh.

AmeriHealth Caritas North Carolina | Healthcare | 300 jobs
AmeriHealth Caritas provides integrated Medicaid managed care services that focus on family and caregiver involvement, community-based services, successful care transitions and intensive case management. The organization will be leasing space for their headquarters at Brier Creek Corporate Center. The space at 8041 Arco Corporate Dr. in Raleigh will have more than 300 employees, including senior leaders with 82,000 square feet of space.

Financial Sector

Arch Capital | Financial Services | 365 jobs | $12.9M investment
Arch Capital Services, an insurance company, has chosen Raleigh to consolidate its operations and establish a divisional headquarters. The move will bring 365 new jobs and $12.9 million of investment to the city, while consolidating many existing operations throughout the Northeast. The new positions will pay an average wage of $109,191 and include insurance, corporate and IT functions. This project was made possible by incentives from the State of North Carolina, Wake County and the City of Raleigh.

Contact

 

Beth Friedrich
Sr. Manager of Economic Development

Lead Department:
Economic Development and Innovation
Service Categories:
Business Recruitment, Retention and Expansion

Subscribe