The town announced Monday that A-Safe will lease about 10,000 square feet for its corporate, administrative, warehousing and assembly operations.
Fuquay-Varina said in a news release that it is on the short list for the headquarters relocation, although it’s unclear when that decision might occur and what other cities are competing for the investment and jobs.
If the town is selected to be the headquarters, A-Safe would would build a manufacturing and distribution facility in Fuquay-Varina that would be between 120,000 and 150,000 square feet, according to the town. The town expects the project would add $19 million to the local tax base and create 130 full-time jobs.
In addition to making safety barriers for airports, A-Safe’s clients also include such companies as BMW, Airbus, and DHL.
“Global companies like A-Safe recognize that Wake County and the Fuquay-Varina business community is a great place for businesses to thrive because of the quality of the local workforce, access to an innovative and growing customer market place and proven quality infrastructure,” Paul Katsirubas, A-Safe’s president and managing director, said in a news release.
Fuquay-Varina Mayor John Byrne said in a statement that he welcomed the company’s initial investment..
“Our community continues to be a top choice for manufacturing firms looking to expand into the Triangle Region,” Byrne said. “A-Safe, Inc. is a first rate quality employer that will add greatly to the quality of life for Fuquay-Varina’s residents and businesses.”