TELECOM COMPANY TO ADD 50 JOBS IN NEW OFFICE

Published Friday, August 12, 2016

Granite Telecommunications has moved its West Palm Beach office to a larger location, where it plans to add 50 jobs.

The Business Development Board of Palm Beach County helped the Quincy, Massachusetts-based firm land $250,000 in public incentives for the deal. The company was known as “Project Chop” in the incentives application approved by the county and city in July.

 

“Granite has seen tremendous growth and record sales across the country, with Florida being a top market for growth,” Granite Telecom COO Rand Currier said. "In West Palm Beach, that growth prompted us to increase the number of our sales and technical support personnel there. We are proud of the work that our Florida-based teammates have contributed to the company already, and are banking on an even larger role for them in the future as we expand in Florida.”

Founded in 2012, Granite has more than $1.16 billion in revenue and 1,600 employees across the country. It offers voice, date and other communications products.

Granite Telecom leased 15,800 square feet at 400 S. Australian Ave., where it will invest $600,000 in capital for its expansion. The company pledged to maintain its 66 employees and create another 50 jobs with average wages of $50,675.

If Granite Telecom meets those goals, it would receive $250,000 from the Qualified Target Industries (QTI) program over five years, with $200,000 from the state and $25,000 each from the county and city.

“Granite is a great example of a technology company that is thriving in Palm Beach County and its decision to expand here confirms the strength and quality of our workforce,” BDB President and CEO Kelly Smallridge said.

County staff said the five-year economic impact of its expansion would be $257.2 million.

South Florida Business Journal
Brian Bandell

http://www.bizjournals.com/southflorida/news/2016/08/12/telecom-company-to-add-50-jobs-in-new-office.html

 

 

Investors

#1 Palm Beach County Board of County Commissioners Aerojet Rocketdyne Bank of America Bank United Baptist Health South Florida
Caler, Donten, Levine, Cohen, Porter & Veil, P.A. CareerSource Carrier DePuy Synthes Power Tools, a Johnson & Johnson Company Equestrian Center
Florida Crystals Corporation FPL Greenberg Traurig Gunster Hardrives, Inc.
HCA Palm Beach Hospitals Hedrick Brothers Construction Hospital for Special Surgery J.C. White JP Morgan Chase
LRP Publications Martens Group Minto Communities, LLC NCCI Nova Southeastern University
Palm Beach Aggregates, LLC Palm Beach Park of Commerce PNC Bank Pratt & Whitney (A United Technologies Company) Raymond James Financial Services/Boynton Financial Group, Inc.
RSM South Florida Business & Wealth Magazine South Florida Business Journal Stiles-Nicholson Foundation TD Bank
Tortoise Properties Wells Fargo & Company Wexford Capital