STOCK America, Inc. has announced that it plans to move its corporate headquarters from Wisconsin to Garner. The company produces sterilization equipment for the food and pharmaceutical industry.
It will move into a new 7,000-square-foot facility at Greenfield Parkway. The move is expected to be completed in October.
STOCK America has had an office in Raleigh for 14 years while its corporate headquarters remained in Wisconsin. The company is currently operating in Lincoln Park South Business Park. Those two buildings were being leased.
The new facility, which they will own, will put its 12 employees under one roof in Garner.
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Tim Schurr, vice president of technical services, said the company chose to come to Garner because of the talent pool in the Research Triangle Park area and the business climate. He said they also noticed Garner has started to grow with Cabela’s and the businesses that have followed.
“Greenfield Park North is a beautiful area that will give us ample space to continue to grow our operations in Garner,” he said. “We’re not going anywhere. We’re here to support (our customers) in the long run.”
Schurr declined to disclose the average salaries of employees. But it will be hiring three new employees within the next six months to complete its staff.
STOCK America was started in 1975 by Hermann Rudolf Stock, owner of the German-based Hermann STOCK Maschinenfabrik (HSM) and the inventor of the original STOCK rotary batch sterilizers.
Greenfield Parkway North has been a hotbed for growth in recent years. In Dec. 2014, Overland announced it would move its headquarters from Georgia to Garner, and lease a 62,000-square-foot building.
It has said it will create 89 new jobs by the end of 2017.
And last month, Greenfield Parkway became the first business park in the Triangle to be AT&T Fiber Ready. The Fiber Ready designation means the Greenfield Park, which is located near U.S. 70 and Interstate 40, has access to the bandwidth needed to support data intensive services such as video, collaboration, cloud and other services.
The businesses will have access to 1-gigabit speed, which is about 100 times faster than routine Internet speed.
“We are proud to have STOCK America locate their headquarters here in Garner,” Garner Economic Development Director Joe Stallings said. “STOCK America’s decision to locate in our community is another testament to the great things that Garner has to offer companies of all types and sizes.”