Barracuda Networks Expands Operations In Ann Arbor, Michigan
05/19/2017
State economic development officials said the company is experiencing increased market demand and growing needs for its products and plans. The project is related to computer terminal and other computer peripheral equipment manufacturing. As a result, the company has been awarded a $750,000 Michigan Business Development Program performance-based grant.
“Barracuda’s investment means Michigan residents will have good job opportunities that could well have gone to other states,” said Steve Arwood, CEO of the Michigan Economic Development Corporation, the state’s chief marketing and business attraction arm that administers programs and performs due diligence on behalf of the MSF. “The company’s decision to expand in Ann Arbor demonstrates that our business climate and our state’s world-class talent make Michigan a top destination for tech companies to locate, expand and grow new jobs.”
“Ann Arbor is a tremendous place to do business and build innovative products. We benefit greatly from the growing tech community, the vibrant downtown area, and the many fine universities across the state of Michigan that produce top engineering talent,” said Rod Mathews, Senior Vice President & General Manager, Data Protection at Barracuda. “We are excited to expand our presence and investment in the Ann Arbor community and the state.”
“Barracuda has been a long-time supporter of Ann Arbor, and it’s exciting to see the company continue to thrive here,” said Paul Krutko, President & CEO of Ann Arbor SPARK. “Barracuda is an active participant in our tech ecosystem and draws attention to the great innovation-based careers available in the Ann Arbor region. Ann Arbor SPARK will continue to support Barracuda as it grows.”
Project Announcements
Brightline West-Siemens Mobility Plans Horseheads, New York, Production Operations
09/11/2024
TCI Tank Logistics Expands Port of New Orleans, Louisiana, Transloading Operations
09/11/2024
Unified Resources in Display Plans Hardeeville, South Carolina, Manufacturing Operations
09/11/2024
Raymond Corporation-Toyota Material Handling Expands Kirkwood, New York, Operations
09/11/2024
Builders Supply Co. Expands Fort Payne, Alabama, Manufacturing Operations
09/11/2024
Kentucky Aluminum Processors Plans Russellville, Kentucky, Operations
09/10/2024
Most Read
-
Semiconductors’ Fragile Relationship With Water May Be Tested
Q3 2024
-
What the Latest EPA PFAS Rule Means for Site Due Diligence
Q3 2024
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
2023 Top States Commentary: Top-Ranked States Have What It Takes to Win Mega Projects
Q3 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
19th Annual Area Development Gold and Silver Shovel Awards
Q2 2024
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023