Jewelers Mutual Group Announces $5.8M Investment in Raleigh

PRESS RELEASE

Jewelers Mutual® Group, a leading insurer dedicated to protecting jewelry and jewelry businesses, announced today plans to locate a new office for business expansion in Raleigh, North Carolina. The Neenah, Wisconsin-based company plans to invest $5.85 million and create 200 jobs.

Founded in 1913, Jewelers Mutual is trusted by over 1 million customers nationwide and in Canada. The company is committed to protecting jewelry businesses and helping them run secure and successful operations while transforming customer experiences through insurance and technology solutions.

Jewelers Mutual was attracted to Wake County thanks in large part to the robust talent pipeline. As the recently ranked #1 metro for recent college graduates and a top-10 most-educated metro in the United States, Raleigh has the talent pool to drive innovation and economic growth.

"We are excited to welcome Jewelers Mutual Group to Raleigh,” said Raleigh Mayor Mary-Ann Baldwin. “Jewelers Mutual chose our city for their expansion, drawn by our most valuable asset—talent! We look forward to supporting the company as they establish their new office and grow within our community. And we can't wait to see what exciting new ideas are generated."

This announcement represents a significant investment in the office market in Raleigh. This is the latest in a recent wave of new-to-market office wins including commitments from Audemars Piguet and JTI International.

“We’re pleased that out of all the places Jewelers Mutual could have located their business expansion office, they chose Wake County,” said Wake County Board of Commissioners Chair Shinica Thomas. “Our talented workforce, excellent access to education and healthcare, and high quality of life drew the company here, and we’re excited about the contributions they’ll make to our community moving forward.”

This announcement was made possible through the collaboration of a key group of partners including Wake County Economic Development and Raleigh Economic Development, programs of the Raleigh Chamber, the North Carolina Department of Commerce, the Economic Development Partnership of North Carolina, the North Carolina General Assembly, the North Carolina Community College System, N.C. Commerce’s Division of Workforce Solutions, Wake County, the City of Raleigh, Wake Technical Community College, North Carolina State University, and Capital Area Workforce Development.