Alliance Security, a Rhode Island-based home automation and security company, relocated its operations from Warwick, R.I., to Cranston, R.I., a move that is directly correlated to its growth.
Over the past 11 years, the company said it has made significant strides in contributing to the local economy. This year, Alliance Security projects its revenue to exceed $100 million and its workforce to double from 300 to 600 employees.
“Simply put, we outgrew our space,” said Alliance Security CEO Jay Gotra, who started the company in 2003, operating out of a spare room in his apartment. Eleven years later, he added, the company’s new home will be a 60,000-sq. ft. facility located in Cranston.
According to Gotra, the move has positive implications not only on Alliance, but on Rhode Island’s quality of place as well. That’s because the building — formerly occupied by Katherine Gibbs School since 2008 — has been vacant for three years. “We’re humbled to revitalize and transform a great space that has been empty for quite some time,” said Gotra. “It’s all about bringing life and energy back into the community.”
Alliance Security’s contribution to the community has also come in other forms. In 2013, the company sparked a long-term partnership with the Rhode Island Coalition Against Domestic Violence (RICADV). In doing so, Alliance Security has offered financial and operational support to the nonprofit, as well as alarm systems and monitoring at no cost to victims of domestic violence as part of the Friends of RICADV program.
In addition to its increasing workforce, Alliance Security’s revenue has jumped from $2.5 million in 2010 to $52 million in 2014.
Visit www.AllianceSecurity.com for information.