North Carolina Ranked Americas Top State for Doing Business Again in 2023
North Carolina Ranked Americas Top State for Doing Business Again in 2023
Products & Services
Research Triangle Park Area Video
Economic Development Partnership of North Carolina (EDPNC)
Learn more about North Carolina's Research Triangle Park area by watching this video.
North Carolina Global TransPark
Economic Development Partnership of North Carolina (EDPNC)
A world-class, 2,500-acre multimodal, industrial & business park.
Services - Economic Development Partnership of North Carolina
Economic Development Partnership of North Carolina (EDPNC)
The Economic Development Partnership of North Carolina's International Trade Division provides services in a number of areas. We keep businesses informed of industry-specific events that can help you enter new foreign markets. We also promote, coordinate and accompany North Carolina businesses attending key trade shows around the world.
North Carolina Biotechnology Center
Economic Development Partnership of North Carolina (EDPNC)
Transformation is what the North Carolina Biotechnology Center does for ideas, businesses, professionals and subsectors of life sciences. NCBiotech helps technologies, companies and careers transform at every stage along the development pipeline.
Research Triangle Park
Economic Development Partnership of North Carolina (EDPNC)
Our core mission since the founding of RTP in 1959:
Facilitate collaboration between the Triangle universities.
Promote cooperation between universities and industry.
Create an economic impact for residents of North Carolina.
All In North Carolina - Economic Development Partnership of NC
Economic Development Partnership of North Carolina (EDPNC)
Rise. Thrive. Repeat. This is business in North Carolina. From the mountains to urban hubs to the coast, growth is happening, careers are advancing, and oppo...
BIOTECHNOLOGY & PHARMACEUTICALS
Economic Development Partnership of North Carolina (EDPNC)
North Carolina's biotechnology industry runs deep and wide, with specialties ranging from pharmaceutical manufacturing and health informatics to crop genetic engineering. Comprised of 790 companies, 2500+ additional support businesses, and over 70,000 employees, our life sciences cluster has grown by nearly 40% over the past 10 years (2012-2021).
Top 10 Best Places to Visit in North Carolina
Economic Development Partnership of North Carolina (EDPNC)
Top 10 Best Places to Visit in North Carolina.
People
Anders Victor
Economic Development Partnership of North Carolina (EDPNC)
Senior Manager, International Business Development
Kelly Dawson
Economic Development Partnership of North Carolina (EDPNC)
Senior Marketing Event Manager
Melissa McGurk
Economic Development Partnership of North Carolina (EDPNC)
International Trade Manager - Biotech, Medical, Chemicals
Description
North Carolina tops CNBC’s state business competitiveness rankings for the second year in a row as workers flock to take advantage of a booming economy and the growing operations of companies including Apple within the state .At a time when companies are clamoring for workers while trying to navigate a treacherous economy, no state is meeting their needs more effectively than North Carolina. The Tar Heel State is America’s Top State for Business in CNBC’s annual competitiveness study.
It is the second consecutive year at the top for North Carolina — a rare feat in the CNBC study, which launched in 2007. Business and the economy in the state have been on a tear since the pandemic, and the state has scarcely looked back.
In 2023 alone, the state has amassed a trophy case full of economic development wins, ranging from a $130 million investment by Bosch to expand its power tool manufacturing facility in Lincolnton, to a $458 million biomanufacturing facility to be built in Greensboro by cellular therapeutics company ProKidney, and even a $58 million turkey production facility in Goldsboro by poultry breeder Select Genetics.
The projects come on top of major wins last year, including Vietnamese electric vehicle manufacturer VinFast announcing it will build its first North American plant in the state, and Durham-based semiconductor materials manufacturer Wolfspeed expanding its operations there.
Last month, Apple filed applications to begin work on its $1 billion facility in the famed Research Triangle Park announced in 2021, with 700,000 square feet of office space in its initial phase. It is Apple’s first hub on the East Coast.
A common thread through all the projects is people.
“Our talented, educated workers are the foundation of our economic success,” said Gov. Roy Cooper, a Democrat, in his state of the state address in March.
The numbers bear that out. North Carolina ranks first in the all-important Workforce category of CNBC’s study. In particular, the state is a leader in attracting and retaining talent across a range of industries, said Josh Wright, an executive vice president with labor market analytics firm Lightcast, which provided some of the data for the CNBC study.
Read the article in the link for more details.
It is the second consecutive year at the top for North Carolina — a rare feat in the CNBC study, which launched in 2007. Business and the economy in the state have been on a tear since the pandemic, and the state has scarcely looked back.
In 2023 alone, the state has amassed a trophy case full of economic development wins, ranging from a $130 million investment by Bosch to expand its power tool manufacturing facility in Lincolnton, to a $458 million biomanufacturing facility to be built in Greensboro by cellular therapeutics company ProKidney, and even a $58 million turkey production facility in Goldsboro by poultry breeder Select Genetics.
The projects come on top of major wins last year, including Vietnamese electric vehicle manufacturer VinFast announcing it will build its first North American plant in the state, and Durham-based semiconductor materials manufacturer Wolfspeed expanding its operations there.
Last month, Apple filed applications to begin work on its $1 billion facility in the famed Research Triangle Park announced in 2021, with 700,000 square feet of office space in its initial phase. It is Apple’s first hub on the East Coast.
A common thread through all the projects is people.
“Our talented, educated workers are the foundation of our economic success,” said Gov. Roy Cooper, a Democrat, in his state of the state address in March.
The numbers bear that out. North Carolina ranks first in the all-important Workforce category of CNBC’s study. In particular, the state is a leader in attracting and retaining talent across a range of industries, said Josh Wright, an executive vice president with labor market analytics firm Lightcast, which provided some of the data for the CNBC study.
Read the article in the link for more details.
