Under the terms of its state job development investment grant, or JDIG, Ralliant targets hiring 180 workers at its incoming headquarters by 2029, with only nine of these positions permitted to be remote. As part of this deal, the Fortive subsidiary Dynapar must also retain 263 workers it employs in southeastern North Carolina’s Bladen County.

Raleigh is getting a new headquarters as part of a 180-job, $2.1 million expansion. Ralliant, a planned spin-off of Fortive Corporation (NYSE: FTV), selected the city for its headquarters after a competitive site search.

Technology company Ralliant plans to establish its headquarters in Raleigh and create up to 180 high-paying jobs in the capital city — a project that could add almost $1 billion to the state economy,