Rise Power Systems Launched in North Carolina
The new firm will manufacture power distribution equipment to support the growing data center infrastructure sector.
Updated on Oct. 2, 2026 in Data Centers
Live Poll
Do you trust that new local manufacturing ventures will provide stable jobs in your area?
Rise Companies has launched Rise Power Systems, a new entity dedicated to manufacturing power distribution equipment for data centers. The business operates across 200,000 square feet of space in Raleigh and Washington, North Carolina.
Why it matters
The launch aims to address surging demand for data center and manufacturing infrastructure. By leveraging existing local assets, the firm seeks to capitalize on the rapid expansion of technology facilities.
Rise Power Systems currently occupies 200,000 square feet of manufacturing space across two North Carolina locations. The firm is scaling from its current staff of 15 to a target of 50 employees within the next year.
The players
Harry Smith
He is the entrepreneur who acquired the metal fabrication firm SMT in 2022.
Derrick Evatt
He serves as the president of the newly launched Rise Power Systems.
Christopher Belcastro
He acts as the chief technology officer for Rise Power Systems.
David Mangum
He serves as the president of SMT, a metal fabrication business owned by Rise Companies.
The details
Rise Power Systems functions as a subsidiary of Rise Companies and operates as a spin-out from the metal fabrication business SMT, which was acquired by Harry Smith in 2022. The company utilizes a newly formed design and engineering team to produce hardware for energy-intensive infrastructure projects.
Timeline
Harry Smith acquired SMT in 2022.
Rise Power Systems officially launched its operations in October 2026.
The firm expects to reach 50 employees by next year.
The company plans to create hundreds of jobs over the next few years.
Roadmap
The launch of Rise Power Systems highlights how regional industrial firms are pivoting to support the national surge in data center power demand. This shift marks a broader transition within the manufacturing sector to prioritize infrastructure that services high-growth tech expansion.
The firm's expansion in Raleigh and Washington suggests a strengthening of the local industrial workforce and regional manufacturing capabilities. This development could provide more domestic options for companies seeking regional power distribution components.
The takeaway
This expansion demonstrates how manufacturing businesses are increasingly positioning themselves to serve the needs of the booming digital infrastructure market. Readers tracking local economic development should look for continued job growth as these facilities reach full operational capacity.
What happens next
Rise Power Systems is expected to expand its workforce from 15 to 50 employees over the next year, with further job creation targets extending into the coming years.
Further reading
For more on the industry's growth, visit the North Carolina Data Centers section.
Source note: This article includes information reported by Business North Carolina.
Live Poll
Do you trust that new local manufacturing ventures will provide stable jobs in your area?
