RANCHO CORDOVA, Calif., June 29, 2016 /PRNewswire-USNewswire/ -- Free Form Factory, a New York company utilizing a virtually indestructible material with a proprietary manufacturing process has chosen Rancho Cordova, within the Capital Region of California, over Austin, Texas for its headquarters location. Its technology has the potential to extend far beyond the current market focus of personal watercraft, or jet skis. Founder and CEO Jordan Darling, a freestyle jet skier and engineer, initially set out to make a jet ski that could stand up to the abuse of competitive jet ski riding. Today, his disruptive advanced manufacturing technology has attracted interest from both the U.S. military and NASA.
Free Form Factory chose the Sacramento Region after considering locations in Austin, Texas and New York State. The City of Rancho Cordova and the Greater Sacramento Area Economic Council ("Greater Sacramento") immediately began working with Darling's team, connecting them with the partners and resources they needed. "We move fast, and we needed a community that moves just as fast," Darling said. "Rancho Cordova and Greater Sacramento were able to deliver what we needed, period. We had an offer in 48 hours."
Several factors drove Free Form Factory's decision to locate in Rancho Cordova. Darling places tremendous value on access to talent from higher education institutions like Sacramento State, UC Davis, UC Berkeley, and community colleges. He also appreciated the proximity and easy access to the company's suppliers and testing locations in the northern California area. Furthermore, the region offers a complete quality of life, with a vibrant urban core and lifestyle amenities, as well as being a great place to raise a family. "It was really amazing to be able to find a single location that had so much to offer, and exceeded even our high expectations," said Darling.
"Our region was able to offer a strong value proposition over some very competitive markets," said Barry Broome, President and CEO of Greater Sacramento, which helped the company assess the Sacramento Region as the ideal California option. "We are a hub for Bay Area talent – in California we rank #2 for population of UC Davis alumni, #3 for UC Berkeley alumni, and #4 for Stanford alumni." Broome also thanked Velocity Venture Capital for helping to connect the company within the Sacramento Region.
Free Form Factory's current operations include manufacturing, research, and development, and the company is currently hiring from the regional workforce. The City of Rancho Cordova is home to 3,450 businesses and 51,151 employees making it the largest employment sub-center in the region. Free Form Factory will continue to raise seed capital and seek investments as part of its ongoing growth strategy. Ken Tallo, a Sacramento-based investor and entrepreneur who has invested in the company, cites Free Form Factory's unique manufacturing technology with broad potential applications beyond the jet ski market.
"The City of Rancho Cordova is a vibrant community that values business growth opportunities and partnerships," said Rancho Cordova Mayor David Sander. "We recognized Free Form Factory's potential right away and are thrilled they selected Rancho Cordova. The City also has an attractive Business Incentive Program for entrepreneurs looking to start or grow a business, thanks to the Community Enhancement Fund supported by a ½ cent local sales tax measure."
About Free Form Factory
Free Form Factory Inc. (FFF) is an advanced manufacturing company currently focused on personal water crafts (PWC), jetskis. Our first product, the FFF 2.0, is the world's first polymer based high performance PWC hull, with a proprietary chassis design. FFF has developed proprietary manufacturing techniques to manufacture PWC hulls 10x faster, 3.5x stronger, with zero volatile organic compounds, and 100% recyclable. Novel manufacturing, innovative material, indestructible nature, & modular design. We are currently applying our technology into Military and Transportation products. After relocating to California, FFF will be expanding its team with new engineers, finance, business ops, fabricators, and manufacturing technicians. FFF is very excited for the new opportunities California provides, along with the nice weather and spectacular views! Please visit our website at ridefreeform.com. Media Contact: Founder and CEO Jordan Darling, 315-591-6011 or [email protected].
About the City of Rancho Cordova
The City of Rancho Cordova is a safe, inviting and vibrant community that values diversity, opportunity, partnerships, and fun. It is a community that is growing in a responsible and sustainable manner. The City is planning for the future, so its citizens have access to thriving businesses, strong neighborhoods, open space, sports, and entertainment. Rancho Cordova recently passed a ½ cent sales tax measure to provide Community Enhancement Funds to support local priorities such as business and economic development. Visit selectranchocordova.org for more information.
About the Greater Sacramento Area Economic Council
The Greater Sacramento Area Economic Council is the catalyst for innovative growth strategies in the Capital Region of California. The organization spearheads community-led direction to retain, attract, grow, and scale new businesses, develop advanced industries, and create jobs and investment throughout a six-county region. Greater Sacramento represents a collaboration between local and state governments, market leaders, influencers, and stakeholders, with the sole mission of driving economic growth. The Sacramento Region was founded on discovery, built on leadership, and fueled by innovation. Welcome to the New California Dream. For more information, visit selectsacramento.com.
Ashley Downton, City of Rancho Cordova
916.296.1854, [email protected]
Vanessa Young, Greater Sacramento
916.441.2144, [email protected]
SOURCE Greater Sacramento Area Economic Council