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

Advertisements

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.

IMG_5426

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.”

img_5418.jpg

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/

Industry Spotlight: BioResource International

BioResource International (BRI) is a biotechnology company specializing in the research, development and manufacturing of high-performance enzymes that help poultry and swine producers optimize animal nutrition. Founded in NC in 1999, BRI saw the need for expanded manufacturing and opened a location in Apex in 2012. The company possesses 6 patents and has successfully developed and commercialized three enzyme products. With many leading poultry companies utilizing this innovative nutritional and sustainable technology, it is clear that BRI focuses on creating the best product possible while not sacrificing safety and standards. BRI works with companies from over 40 countries and sells an average of 300 tons/month. The founders of BRI started at NC State and have continued to expand and grow. BRI has been recognized regionally and nationally for the successful translation of academic research into a profitable, growing business within the emerging sector of agricultural biotechnology. In 2012, BRI made the Inc 500 list of fastest- growing privately owned businesses in the U.S.

For more information about BioResource International, visit their website at http://briworldwide.com/

Industry Spotlight: Axccellus

Founded in 2013, Axccellus was formed to fulfill a need for solutions for small to mid-sized OEM’s and large end users. Axccellus provides full machine and motion control integration, OEM contract machine building, custom machine guarding, machine programming, custom fencing and sub-assembly production. By focusing on the customer, Axccellus has been able to attract the best and brightest manufacturing design engineers in the industry. Due to the flexibility and cost effectiveness of the company, Axccellus is poised for rapid growth over the next few years. This company is the perfect solution for any OEM or large end user because it is flexible, responsive and creative, allowing its customers to differentiate themselves in the respective markets and industries. Axccellus serves the corrugated manufacturing, factory automation, food and beverage packaging, injection molding, machine tool, pharma packaging and specialty equipment industries.

For more information about Axcellus, visit their website at http://www.axccellus.com/.

 

Industry Spotlight: Weststar Precision

Since 1996, Weststar Precision has been providing early supplier involvement support to the aerospace, medical and alternative energy industries. Their reputation as a dependable supplier comes from utilizing the skills of their employees as well as equipping each employee with top-notch software and equipment. Weststar Precision serves as an international strategic outsourcing partner for many top aerospace industry OEM brands as well as their sub-suppliers. Weststar Precision assists many clients from the development stage to final product to accommodate their specific needs. The main capabilities of Weststar Precision include precision machining, fabrication/assembly, burrfree cutoff, waterjet machining, rapid prototype development and 3D printing. Within those capabilities Weststar Precision specializes in aircraft structural components and aircraft interiors (both structural and cosmetic).

For more information about Weststar Precision, visit their website at http://weststarprecision.com/