A Fortune 500 technology company, Fortive Corp., has selected Raleigh, North Carolina, as the location for the headquarters of its newly created, publicly traded company. This move marks a significant development for the city and the company’s precision technologies segment.
Fortive Corp. is spinning off its precision technologies division, leading to the establishment of a new corporate entity. The decision to place the headquarters in Raleigh indicates a strategic investment in the region and is expected to bring economic benefits.
Further details regarding the new company, including its name and the specific timeline for the headquarters’ opening, were not available in the provided text.
