In the latest move in an eventful year, technology company Ralliant Corp. unveiled its new global headquarters in Raleigh where employees earn nearly 2½ times average wages in Wake County.
This week’s shift from temporary to permanent offices in the North Hills area for about 150 employees marks the latest milestone for Ralliant in its first year as an independent publicly traded company. Spun off from Everett, Washington-based Fortive Corp. last June, the company began trading on the New York Stock Exchange at that time and has reported two quarters of financial results, with fourth-quarter revenue of $555 million.
CEO Tami Newcombe and other Relliant employees joined local and state officials for a ribbon-cutting for the new headquarters. They included Raleigh Mayor Janet Cowell, Wake County commissioner Donald K. Mial and Kyle Touchstone, director of Raleigh Economic Development.
Raleigh puts Ralliant “at the center of one of the nation’s leading technology and research ecosystems,’’ according to a statement.
Starting with “a blank canvas’’ across the U.S, the CEO said in an interview, Ralliant’s selection of North Carolina considered that its operations are “about 50% West coast, 50% East coast.’’
The company concluded Raleigh is attractive as a place to live and is part of an innovation culture backed by strong education, according to Newcombe.
“We’re a very people-centric culture,’’ she said earlier today. “We wanted to be a place where we could attract talent and a place that talent wanted to live. That was probably No. 1 on the list.
“No. 2, as a technology company, where is innovation happening?’’ she said. “And No. 3 and tied to No. 2 and innovation is the education system. I don’t just mean the three big universities here. I mean, the whole ecosystem from really good high school technical talent to community colleges and technical schools – the whole ecosystem of talent that is important to us.’’
A year ago, Ralliant announced its selection of Wake County for its new global offices, committing to invest $2.1 million and create 180 jobs in exchange for more than $3.4 million in state and county incentives. Average salaries for the new jobs will be $189,479 a year, compared with the current average wage in Wake County of $76,643, according to a March 2025 release from the North Carolina Department of Commerce. The figures haven’t changed, Newcombe said.
The state is providing a Job Development Investment Grant of $3.3 million spread over 12 years to help Ralliant’s move. Wake County will provide an additional $107,771 in local incentives.
Ralliant designs and manufactures precision instruments and highly engineered products in two segments: test and measurement for scientists, engineers and technicians and sensors and safety systems for electrical, satellite and military defense systems.
One of Ralliant’s sensors and safety systems brands, Hengstler-Dynapar, employs about 300 people in Elizabethtown in Bladen County, Newcombe said.
The company has about 7,000 employees globally, with more than 90,000 customers in over 90 countries, according to a securities filing.