Governor Josh Stein has announced that Ralliant Corporation, a worldwide provider of precision technologies across multiple industries, will establish its global headquarters in Wake County, creating 180 jobs and investing $2.1 million in Raleigh’s North Hills area.
Ralliant will become an independent public company following its planned separation from Fortive Corporation (NYSE: FTV) in early Q3 2025, formed from Fortive’s Precision Technologies segment and built on industry-leading brands with approximately $2 billion in revenue. The company is trusted for precision technologies that drive next-generation innovation and safeguard mission-critical applications across test and measurement, specialty sensors, and aerospace, defense, and space subsystems. By establishing its headquarters in Raleigh, Ralliant will create a hub for innovation and growth.
“Raleigh is an ideal location with its strong high-tech research presence, top universities, skilled workforce, and proximity to our operating companies,” said Tami Newcombe, President and Chief Executive Officer of Ralliant. “We are excited to build our future here—driving breakthroughs, empowering progress, and shaping what’s next.”
Ralliant’s decision to locate their headquarters in Raleigh is a testament to the strength of the local economy, competitive talent pipeline, and exceptional quality of life. In fact, Raleigh was recently named a top five city for headquarters by Site Selection Magazine.
“We understand that companies have many options for establishing a new headquarters location,” said City of Raleigh Mayor Janet Cowell. “Ralliant Corporation chose a city with a talented workforce, a high quality of life, and a safe, welcoming environment. The fact that another company is establishing a headquarters location in Raleigh and launching groundbreaking technologies demonstrates the strength of our great city.”
Ralliant’s decision was largely motivated by the availability of top technology talent in the region. As the recently-crowned “Best Performing Large City” by the Milken Institute, Raleigh’s consistently strong labor market is boosted by a large and well-rounded high tech sector.
“I’m excited to share that the Ralliant Corporation will bring up to 180 new jobs with an average salary of $189,479 to Wake County over the next five years,” said Chair Susan Evans of the Wake County Board of Commissioners. “We welcome the company and its future employees to our community, and we value the $2.1 million in capital investments that they’ll make to our growing economy.”
This announcement was made possible through the collaboration of a key group of partners including 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 Department of Commerce, N.C. Commerce’s Division of Workforce Solutions, North Carolina Community College System, the North Carolina General Assembly, NC State University, Wake County, and Wake Technical Community College.
Raleigh Economic Development (RED) is a program of the Greater Raleigh Chamber in partnership with the City of Raleigh and Wake County Economic Development, supporting job creation and capital investment in Raleigh, North Carolina. Located in the heart of North Carolina’s Research Triangle region, RED is the primary economic development program for the city, leading business recruitment, retention, and expansion efforts and brand awareness activities while supporting talent and equitable economic development efforts.
Wake County Economic Development is the primary economic development organization for Wake County, providing economic development support for its 12 municipalities. As a program of the Greater Raleigh Chamber, the organization proactively creates an environment in which Wake County can grow and thrive, resulting in new jobs and capital investment.
Media Contacts
Kyle Touchstone | Director, Raleigh Economic Development
ktouchstone@raleighchamber.org, 919.389.9282
Haley Waxman | Senior Strategic Marketing Manager, Wake County Economic Development
hwaxman@raleighchamber.org, 919.664.7035
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