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Provalus Invests $6.48 Million in Edenton, NC

Provalus Center of Excellence in Edenton

News Summary

Provalus, an IT outsourcing firm, is set to invest $6.48 million in Edenton, North Carolina, creating 61 new jobs. The company will refurbish a former Sears store into a ‘Center of Excellence’. This investment not only boosts local employment with positions in cybersecurity and application development but also signifies Provalus’s commitment to community growth. Additionally, the company plans further expansions in North Wilkesboro and Whiteville. A performance-based grant of $150,000 will support this initiative in Edenton.

Exciting News for Edenton: Provalus Invests Big!

Hey there, Edenton! We have some fantastic news that’s sure to put a smile on your face. Provalus, an up-and-coming information technology outsourcing firm, has announced its plans to invest a whopping $6.48 million right here in Chowan County, North Carolina. And what does that mean for our community? A brand new opportunity for 61 jobs to be created!

Who is Provalus?

For those who might be unfamiliar, Provalus is a relatively young company that got its start in 2017. Although it originated in Brewton, Alabama, it has made quite a name for itself with operations in various states, including Whiteville, North Carolina, South Carolina, Texas, and Oklahoma. Edenton is about to join that list, and it seems our little town is about to get a whole lot busier!

What’s in Store for Edenton?

Provalus has some grand plans for its Edenton location. They will be refurbishing a former downtown Sears store, transforming it into a modern facility known as the “Center of Excellence.” This new center is set to symbolize the company’s commitment to empowering the local community. Who wouldn’t want to be part of something big like that?

Creating Job Opportunities

The investment isn’t just about bricks and mortar. The new jobs being created will offer an average annual wage of $46,393. This is actually $9 above the current average wage in Chowan County, which is great news for local job seekers looking to enhance their income. With positions focusing on trending fields such as cybersecurity, application development, and network operations, this is a real boost for professionals in our area.

Local Impact and Community Growth

Along with Edenton, Provalus isn’t just stopping here. They are also planning to expand further into North Wilkesboro, where they plan to invest an additional $1 million and create around 150 more jobs! In Whiteville, they have committed $500,000 to create 92 jobs in 2023, showcasing their dedication to job creation throughout North Carolina.

What’s Next for Provalus?

In addition to their North Carolina plans, Provalus is actively working on ongoing projects in states like Arkansas, Texas, and Kentucky. You can see that they’re on a mission to uplift rural, veteran-heavy communities and to provide training in valuable tech skills that can pave the way for careers in the digital age.

Support from the Community

To help make this project happen, Provalus will receive a performance-based grant of $150,000 from the One North Carolina Fund. This grant is designed to promote job creation and economic growth in the area and requires a matching contribution from local governments. This kind of partnership signals a shared commitment to the future of Edenton!

Wrapping It Up

All in all, this news about Provalus and its $6.48 million investment in Edenton is nothing short of exhilarating. New jobs, a commitment to community empowerment, and an overall growth mindset for the entire region can only lead to positive changes. Let’s get ready to welcome this exciting opportunity in our town!