Greensboro-based Guerrilla RF, a wireless semiconductor provider, has announced its expansion into a 50,000-square-foot facility at 2000 Pisgah Church Road. The growth will mean $6 million in new investment and 50 new jobs for area workers.
Guerrilla RF sells integrated electronic circuitry for things like military communications, navigation devices, high-fidelity wireless audio products and cell phone peripherals.
Greensboro and Guilford County, like other places in the world, have a whole lot of job openings these days but the addition of 50 more is always a good thing – and area elected leaders and economic development officials are happy to get them.
Greensboro Mayor Nancy Vaughan stated in a Friday, Oct. 29 press release that the new jobs – which will have a hefty average wage of $100,000 a year – will be a big plus for the local workforce and she added that one of the ongoing goals of the City Council is to bring higher-paying jobs to the city.
Guerrilla RF opened shop in Greensboro when the company was founded nearly eight years ago. In 2014, Ryan Pratt, the founder and CEO, participated in a Greensboro Chamber of Commerce summer program for startups. He eventually won the Chamber’s annual “Capital Connects” pitch competition and obviously the company has seen a good deal of success in the subsequent years.
Pratt stated in the Friday press release that Guilford County and the surrounding area play a big role in the semiconductor industry.
“Guerrilla RF is excited to expand its operations within Guilford County – and Greensboro in particular,” Pratt said. “We are growing at an incredible pace, and the facility on Pisgah Church Road fits in exceptionally well with our ongoing expansion. Building upon our existing roots here in Greensboro is only natural given the Triad’s importance as a worldwide epicenter for semiconductor design and manufacturing.”
Guerrilla RF was awarded an “NC Building Reuse Grant” of $475,000 by the state’s Department of Commerce to help the expansion happen in the Greensboro building owned by Koury Corporation.
The Guilford County Economic Development Alliance – which includes the Greensboro Chamber of Commerce and High Point Economic Development Corp. – has been working with the City of Greensboro, Guilford County, Guilford Technical Community College, the Guilford County Workforce Development Board, North Carolina Department of Commerce and the Economic Development Partnership of North Carolina to see that the company chose this area and this state for its expansion.
Brent Christensen, the president and CEO of the Greensboro Chamber, was of course delighted by the expansion.
“Watching Guerrilla RF’s acceleration and growth is particularly exciting for us,” he stated. “Guerrilla RF is the perfect example of the pipeline we have built –from an early-stage company at LaunchLab, through gaining exposure and funding at the Capital Connects pitch competition, to working with our Existing Industry team on the decision to expand and remain here in Greensboro and Guilford County.”
Christensen added, “We are so proud of their continued growth.”