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Data storage firm to add 460 jobs in RTP

Posted July 23, 2012

NetApp's RTP campus
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— Data storage firm NetApp plans to add 460 high-paying technology jobs at its Research Triangle Park operation in the next four years, officials said Monday.

The California-based company, which has had a research and development hub in RTP since 2004, will invest nearly $76 million to expand its data center operations, officials said.

NetApp already employs more than 1,400 people in RTP. The new jobs will pay $100,000, on average, plus benefits, which is more than doubled the $45,396 average annual wage in Wake County.

The new data center will build a private cloud-computing environment to provide virtual access for NetApp engineering labs around the world. It will also serve as a model for customers interested in building energy-efficient dynamic data centers and cloud environments.

The state Economic Investment Committee voted Monday to award a Job Development Investment Grant to NetApp. Under the terms of the grant, the company is eligible to receive 65 percent of the state withholding taxes from the new jobs for each of the 10 years in which it meets annual performance targets.

If NetApp meets the targets, the grant could yield as much as $11.78 million for the company.

Wake Technical Community College has agreed to provide custom training for NetApp, and that together with sales tax credits raises the total state incentives to more than $14.5 million.

Incentives helped NC win battle for tech expansion Incentives helped NC win battle for tech expansion

As much as $4.5 million in local incentives, including infrastructure upgrades and property tax relief, were also part of the deal. The Wake County Board of Commissioners has set an Aug. 6 vote to approve them.

Gov. Beverly Perdue said another state was competing aggressively with North Carolina for the NetApp expansion.

"Whether you like that or not, when you choose not to compete with the incentives, you say goodbye to the company," Perdue said in defending the incentives offered the company. "Until the game changes around the country, that's the game in America."

Fortune magazine ranks NetApp at No. 6 on its national Best Places to Work list.

"NetApp takes pride in attracting and retaining the industry’s best people, and our expansion in RTP will enable us to continue to help our customers achieve business success," Denise Cox, senior vice president of global support, said in a statement.

22 Comments

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  • ladyblue Jul 24, 7:53 p.m.

    I truly do not see why you're attacking me, unless I completely misread your post. For your info, glad your dear friend's son got a job. Have a good day.

    when i noticed you were only repeating what someone else said about bankrupting companies it was too late.. they had stoped all posting. sorry ..

  • storchheim Jul 24, 12:07 p.m.

    obamacare must go, I have no idea why you're angry at me. I said I didn't qualify but I was glad that any AMERICANS (not H1-Bs) who wanted jobs could get them, even though I couldn't.

    I then went on to comment that some people are socialist only in the sense that giving other people's money away is good for all of us, but not in the sense that people getting jobs is good for all of us, because someone had said he hoped NetApp goes bankrupt.

    I truly do not see why you're attacking me, unless I completely misread your post. For your info, glad your dear friend's son got a job. Have a good day.

  • billybob97 Jul 24, 10:35 a.m.

    They can hire all the laid off Cisco employees that had their jobs sent to Bangalore India.

  • Gay Aiken Jul 24, 9:10 a.m.

    Thanks for that insight Joe. We should all be so lucky to work for your company.

  • joewalsh2 Jul 23, 7:56 p.m.

    Some people can be so jealous of things that they will write very odd stuff. Yes we are one of the top places to work and yes the employees make it that way. Yes it is a tough place to get into but if you know the stuff they need it is easy to be hired by them. It is one of the reasons its one of the best places to work. We all work hard and play hard. You don't freeload here at Netapp if you do you will be shown the door. I've seen people come to work here and then just sit around and do nothing. They are no longer here. Maybe those negative comments are from those people the ones that don't want to work for a living.

  • toddrobinson2 Jul 23, 6:33 p.m.

    I am proud to be a part of this company and have enjoyed being there for the last 6 years. Way to go Netapp!

  • WooHoo2You Jul 23, 6:08 p.m.

    "Data storage firm NetApp plans to add 460 high-paying technology jobs at its Research Triangle Park operation in the next four years"

    Only if Romney is elected!-golo 1950

    You seem confused, RTP is not in India or China ;)

  • ladyblue Jul 23, 5:40 p.m.

    A bunch of my friends work at NetApp. They all love it. The way they talk about their jobs makes me think I went into the wrong field!
    kikin

    My friends son said the same thing even better than nortel when he worked there and he's a conservative to the person who told the lies about they only hires conservatives needs to do some research
    .

  • ladyblue Jul 23, 5:37 p.m.

    Where's that socialist attitude when the country needs it? Is that only for when they're pushing food stamps and taking instead of earning?
    storchheim

    takes one sorry person to wish any company to go bankrupt. for your info a dear friends son's just got hired here so maybe you aren't looking hard enough or you dont' meet the STANDARDS they are looking for.

  • apnc2 Jul 23, 5:14 p.m.

    Republicans, "We need lower taxes on business"
    Democrates, "We need to give business incentives to stay in the state"

    Hmmm...six in one hand half a dozen in the other.

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