Here’s another poll on City Data that everyone is welcome to bombard.
http://www.city-data.com/forum/city-vs-city/3112275-southeast-city-most-economic-upside.html
At this point, Raleigh Durham is a distant fourth out of four. Go make some Christmas magic.
Update on my previous post: Now the poll reflects that Raleigh-Durham has moved up to 3rd place. Charlotte is now in the poll basement.
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As previously suspected by TBZ in Oct 2019 here the announcement that Vontier (Fortive spin off) will be based in Raleigh. A bit cryptic as no exact location nor headcount for Raleigh HQ are known at the moment yet the article talks about 8,400 employees worldwide. Stay tuned
https://finance.yahoo.com/news/fortive-announces-global-industrial-company-134500979.html
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WRAL reporting a new company to be headquartered in Raleigh… 8400 employees to hire
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8,400 employees with about 175 square feet per employee is around 1.5 million square feet.
Do understand that that is 8,400 wordwide.
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Unclear, regardless which way it goes… getting a corporate entity is a score
Oh. The article is worded terribly then.
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Put the HQ in Garner where the employees will need to take the train to get to it.
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Yeah. WRAL for ya. Biz Journals detailed it pretty clearly. There may or may not be reason to get ones hopes up. I’m getting an RTP vibe here. But either way, it is always nice to add on to Raleigh’s corporate profile! Welcome Vontier!
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Correction: the article specifically says “Raleigh”. Premature guesses as to which announced tower this company could land in…aaannnnnd go!
121 Fayetteville!
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Given 121 is being built on spec (so we’re speculating), I’d like to see Zimmer get this and accelerate their DX-40 request across Capital from SmoHo III.
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Love this: https://www.vontier.com/
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Why a hub in Greensboro when HQ’d in Raleigh? that’s odd.
They own other companies, so I wouldn’t expect a beefy headquarters. Apparently Greensboro’s Gilbarco is the largest company in Fortive’s portfolio and they will be spun off to Vontier. That company alone will be around 50% of the 8000.
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That’s 8400 employees already working for various sub-company’s that will be rolled together to make the new one out of an existing company. I also think most of the Triangle employees of the “new” company are already working out of an office in Cary. The number of new triangle employees is yet to be determined. Any way it’s still a good thing for triangle and would be be surprised if they look for a building downtown to put their name on.
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It’s not Raleigh, but it’s a good sign for the biotech industry in the Triangle overall.
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It looks like that tax reform signed not too long after the 2016 elections has been really paying dividends.
“In the past two years, we have invested billions of capital in new U.S.-based manufacturing because the 2017 tax reform re-balanced the playing field in favor of the American worker. We’re excited to be bringing more of these high-skill, high-wage, advanced manufacturing jobs to North Carolina.”
I’d still like to see an auto manufacturing plant come the NC (maybe at one of the ‘megasites’ in the state). The closest thing to that is the HondaJets plant in G’boro and some aircraft manufacturing in Kinston.
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Tesla would be nice (somewhat rumored according to TBZ 1/8/2020). By the way NC has the second highest PV Solar capacity installed among all states in the U.S.
Now that sounds like the kind of plant we’d like to see around the Triangle region. BTW in that ‘megasites’ link in the previous post, they list the Moncure site. It’s on Hwy 1 between Apex and Sanford, so it’s part of the Triangle region.
Would be interesting if they could land a Tesla Gigafactory for batteries or an actual Tesla vehicle assembly plant. Momentum may pick up for this site with NC 540 finally connecting to I-40 by 2023; also US-421 is proposed to be upgraded to Interstate status between Greensboro and Sanford and Fayetteville. Some info from the link:
- The Moncure site is served by two rail lines, CSX and Norfolk Southern.
- Accessible by a four-lane road, the site is 10 miles from N.C. 540 and interstate access, U.S. 421 and U.S. 1.
- The 2,500-acre site is the state’s largest. Proximity to Raleigh, which is about 45 minutes away, provides convenient access to major universities, community colleges and Research Triangle Park. The Chatham County site is adjacent to Wake, Lee and Harnett counties and is 7 miles from the southern entrance to Chatham Park, a proposed 7,000-acre live-work-play development. Water is on-site, and sewer is under construction with an expected completion date of 2020. This single-owner site is about 20 miles from Fort Bragg, providing access to thousands of soldiers transitioning back to civilian life.
Not trying to veer too far off topic, but just exploring aspects of the region that could land the next transformative project. (Note that this ‘megasite’ is only 33 mile from downtown Raleigh…)
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