Software Company Announces Wake County Project
Last Tuesday, BuildOps, a commercial software company headquartered in Los Angeles, announced plans to build a new operations hub in Wake County. The Raleigh project will be the company’s third hub, joining Los Angeles and Toronto. BuildOps creates software solutions for HVAC, plumbing, mechanical, and electrical contractors.
Key Facts About the New Project
BuildOps plans to create 291 jobs and invest $771,200 in capital investments.
The company expects the average salary to be $110,997, compared to Wake County’s average salary of $76,643. Eventually, the project is expected to have $30 million annual payroll impact.
The project is supported by a $1.8 million JDIG agreement over 12 years, if the company meets certain requirements. The project is expected to grow the state’s economy by $701.1 million over 12 years.
What They Are Saying
“We’re thrilled to establish our newest operations hub in Raleigh, a city known for its exceptional talent pool, innovation-driven ecosystem, and strong commitment to business growth,” said Alok Chanani, Co-Founder and CEO for BuildOps. “This expansion is an important step in our ongoing mission to revolutionize the commercial trade industry, and we look forward to becoming an integral part of the thriving Raleigh community.”
“North Carolina offers companies like BuildOps a deep pool of tech talent,” said Governor Josh Stein. “North Carolina’s education and workforce training programs deliver the skilled people companies rely on to succeed in today’s competitive marketplace. We welcome this veteran-owned business to North Carolina.”
“North Carolina’s tech sector has grown by 25% since 2018, outpacing the national average,” said Commerce Secretary Lee Lilley. “The state’s strong concentration of IT professionals has fostered an environment that attracts companies like BuildOps seeking the specialized, talented workforce North Carolina provides.”
“I’m pleased to see a fast-growing company like BuildOps plant their flag in Raleigh,” said Senator Jay Chaudhuri. “We know what it takes to help IT companies grow and our community will help them be successful in our region.”
