Proto Labs, Inc., a digital manufacturing company, is expanding in Wake County and will be creating 170 new jobs over the next five years, North Carolina Gov. Pat McCrory announced Thursday.
Proto Labs currently has 106 employees in Raleigh. The new Cary location will house the company’s 3D printing operation. The Minnesota-based company plans to invest more than $25 million in the Town of Cary.
“Proto Labs is one of those 21st century companies that is helping North Carolina stay on the cutting edge of technology and innovation,” said Gov. McCrory. “By more than doubling its workforce, the company is demonstrating that nothing compares to North Carolina when it comes to being a great place for innovative ideas.”
Jobs will include engineering, manufacturing and administrative positions with an annual payroll of the new jobs exceeding $7.5 million by 2020.
Proto Labs, Inc., a leading online and technology-enabled manufacturer of custom parts, was named Manufacturer of the Year at the 2015 Manufacturing Leadership Awards ceremony recently in California.
Wake County took advantage of the One North Carolina Fund which provides financial assistance through local government to attract business projects that will stimulate the local economy and create new jobs.
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