LaunchAPEX Cohort 2 Graduates

Monday, April 8th was a special night for members of the Apex entrepreneurial community. 15 entrepreneurs forming 12 businesses graduated from the Spring 2019 LaunchAPEX program. 15 small business owners participated in an 8 week online curriculum course that led to the creation of a comprehensive business plan. Not only did the graduates finish with a business plan in hand, they also left with lasting friendships, great business advice, and a one-on-one mentor to walk along side of them for the next 6 months!

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The Spring 2019 LaunchAPEX graduates include:

 

BioResource International Expansion

bri-expansion-102418-10.jpgWe joined BioResource International for their Big Rock Celebration on October 24th! Dr. Giles Shih, BRI Chairman and CEO unveiled their new expansion at their Apex manufacturing facility with a ribbon cutting celebration for the BRI team and guests!

At the beginning of 2018, BRI established a “Big Rock Goal” to expand its manufacturing facility located in Apex, N.C. to accommodate a new production line. That goal was met with a 1,500 square foot expansion of the site that now houses a fully operational and state-of-the-art production line.

BRI Expansion 102418 (31)BRI is a global biotechnology company specializing in the research, development and manufacture of high-performance enzyme feed additives that help poultry and swine producers optimize animal nutrition. BRI strives to serve their customers with the utmost quality and now will provide even more selections of animal feed additives.

For more information about BRI please visit https://briworldwide.com/

 

 

Cash Corporate Center

We here at Apex Economic Development have some news to share!

Our 121-acre industrial site, Cash Corporate Center, was officially designated as a Smart Site by Electricities NC and a North Carolina Certified Site by the Economic Development Partnership of North Carolina. The site is located at 2100 Production Drive in Apex, North Carolina. Cash Corporate Center is zoned Light Industrial and is uniquely positioned between US-1 and I-540, just south of the existing Pinnacle Business Park.

The site is for sale and can be subdivided in lot sizes of 10 acres or more. Multiple studies and reports have been completed on the site including: Phase I ESA, Endangered Species, and Geotechnical. With great access to major highways, a talented workforce and all utilities at the site, Cash Corporate Center is well positioned for business relocation and expansion.

For more information, visit http://www.apexnc.org/c3

Cash Corporate Center Profile Photo

LaunchAPEX: Entrepreneurs Wanted!

Email BorderLaunchAPEX, a program that will support and develop entrepreneurs and small businesses in Apex, will commence in the fall of 2018.  Spearheading the effort are the Apex Rotary and the Apex Sunrise Rotary. Other partner agencies and organizations include Wake Technical Community College, Apex Chamber of Commerce and Apex Economic Development.

LaunchAPEX is being modeled after successful efforts both nationwide and locally. Since 2013, Rotarians across the country have been refining a program to help kickstart their local economies in the areas that need it most.  From Detroit to Raleigh, and all across the country, Rotarians are bringing community leaders and institutions together to change lives through entrepreneurship.  From barbeque sauce to cookies, from welders to marketing consultants, local entrepreneurs are getting the training, mentorship and support they need to build and grow their businesses.

Community leaders and Apex business owners began vetting the program in May and immediately took action to ensure a successful fall 2018 class. Applications for the inaugural class of LaunchAPEX will be accepted from June 1st through July 31st.

This program in Apex is geared toward entrepreneurs and small business owners located within Apex, with an acceptance preference given to those that have an annual  income of $75,000 or less. Specific services include providing business development training and services, access to micro-loans, mentoring, and networking opportunities.

For more information go to www.launchapex.org

Pentair Announces New Innovation Center in Apex

Pentair, a leading global water company focused on smart, sustainable water and fluid treatment solutions, has announced an expansion with plans to build a new, state-of-the-art innovation center in Apex, North Carolina. The company intends to occupy a 50,000 square-foot research and development site on Pinnacle Center Drive and will create more than 50 jobs.

Pentair Rendering

The location, scheduled to open in September, is being developed for Pentair by Keystone Corporation of Raleigh. The Innovation Center will incorporate laboratory facilities for research and development of innovative products for swimming pools and other water treatment solutions. This facility will provide rewarding and competitive job opportunities for individuals with engineering, project management, product management and training experience. The total investment for the building, property, machinery and equipment is anticipated to be $11.3 million over a three year period.

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Apex Mayor Lance Olive stated, “I am thrilled to see that the tireless efforts to bring good jobs to Apex are finally making a splash. Pentair is making a significant expansion investment in the economic development here, signaling the beginning of a wave of opportunities for our citizens to live and work in Apex.”

 

“We’re proud to be a part of the vibrant North Carolina community and remain committed to contributing to the quality of life and economic growth in the area,” said Phil Rolchigo, chief technology officer, Pentair. “At Pentair, we believe the health of our world depends on reliable access to clean water, so our products, partners and people bring that purpose to life every day. We look forward expanding and developing our capabilities in Apex and appreciate all Mayor Olive, Town leaders and neighbors have done to welcome us.”

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Jim Little, CFO/COO of Keystone Corporation stated, “We are very pleased to be continuing our long relationship with Pentair with the development of this new R&D facility in Apex. This will be our first development in Apex and we greatly appreciated the assistance and timely responses from the Town and its staff. We hope to deliver the project in September of this year.”

 

 

ABOUT PENTAIR PLC

Pentair plc (NYSE: PNR) is a global company dedicated to building a safer, more sustainable world. Pentair delivers industry leading products, services and solutions that help people make the best use of the resources they rely on most. Its technology moves the world forward by ensuring that water is plentiful, useful and pure, and that critical equipment and those near it are protected. With 2017 revenues of $4.9 billion, Pentair employs approximately 18,400 people worldwide. To learn more, visit www.pentair.com.

Polyzen Completes Expansion

Polyzen, Inc., a developer and manufacturer of customized polymer-based materials, films, components, and assemblies that serve entrepreneurial start-ups to large medical device OEM’s, has announced the completion of its recent facility expansion from 32,000 sq. ft. to 75,000 sq. ft. Polyzen will use the expanded facility for additional manufacturing, warehouse and office spaces.

The $5.5 million expansion will help Polyzen meet the growth of both current and new customers. The expansion includes the addition of new equipment and staff. Polyzen has recently invested over $1.5 million in new equipment and technology. With their current employee base of 115, they plan to add an additional 10-20 new positions in 2018.

 

“A few years ago we started our growth transformation and we are excited to see such great progress and things come to fruition. We are grateful and humbled by our employees and customers to enable Polyzen to achieve its market potential. We look forward to continuing to grow Polyzen for years to come,” said Nikin Shah, COO/CFO of Polyzen.

Limited Run Games

Limited Run Games, named for its modern business concept of limited quantity game sales, was founded in March of 2016. Limited Run is managed through shared ownership with another innovative company, Mighty Rabbit Studios. 10 months after launching, Limited Run had reached $5 million in revenue. The company is slated to nearly double their revenue by the end of 2017 and are projecting to bring in $18-20 million in revenue in 2018. Limited Run uses digital platforms to sell physical copies of games that appeal to collectors and online buyers. The games are purchased online and the gamer receives a physical game instead of a digital download. By cutting out the traditional physical medium middleman their gaming development clients see revenue from sales six times faster than in the traditional storefront model.

Some of their top titles include:

  • Octodad: Dadliest Catch
  • Firewatch
  • Lawbreakers
  • Saturday Morning RPG., an in-house original by Mighty Rabbit Studios

To learn more about Limited Run Games, visit https://limitedrungames.com/