Raybow USA has unveiled plans to invest $15.8 million in its existing Brevard headquarters.
The expansion project will sustain 26 full time jobs and create 74 additional positions. This expansion represents a collaboration between the company, State of North Carolina and local leadership.
Over the next five years, the company plans to add 34,000 sq. ft. to their existing site in Brevard. The additional facilities will allow the company to triple their employment and triple the number of projects they can address. The investment will coincide with a significant expansion of the company’s existing facility in Brevard, adding new technology, laboratory space and specialized equipment.
In addition to the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina, other key partners in the project include the North Carolina General Assembly, the North Carolina Community College System, the North Carolina Biotechnology Center, Transylvania County, the City of Brevard and the Transylvania Economic Alliance.