CTI Towers says it will move its headquarters to Cary from Franklin, Mass. and plans to create 25 employees.
The company said the move will be made in February.
“With our continued and accelerated growth, and our office lease coming to expiration, we were going to have to relocate. After looking at multiple locations and options, we determined Cary presented the best opportunity for us to continue our growth trajectory,” said CTI CEO Tony Peduto on Wednesday.
“Our CFO, Shane Ward, was instrumental in analyzing each market and at the end of the analysis, Cary proved to be ideal for CTI.”
According to its LinkedIn website, CTI currently has 19 workers.
“All of our major customers, as well as other tower companies, have a presence in the market so we believe we will have the ability to attract people with wireless experience. CTI is continuing to grow, and we will need to hire talented people in the market,” Peduto said.
CTI, which is privately held, manages more than 1,000 towers. It leases tower space to major wireless service providers.
“As the demand for data delivered over wireless networks continues to grow at staggering rates, the wireless carriers need to add additional cell sites to ensure enough capacity exists to handle the demand,” the company said.
“CTI believes it is well positioned to assist the carriers in their deployment goals. The Raleigh market is a fast-growing region and there has been in influx of talented people into the area. Couple that with almost 70% of students that go to school in the area actually stay in the area, the labor pool is strong for companies relocating to the capital district.
The company launched in 2011.
