Business Facilities - September 2008 - (Page 56) BUSINESS REPORT North Carolina By Jenny Vickers Up, Up, and Away in North Carolina North Carolina’s aerospace and aviation industry is flying high as it attracts high-caliber companies and creates well-paying jobs. D uring the past 20 years, North Carolina has transitioned from a traditional economy based on tobacco, furniture, and textiles to a global economy that is driven by knowledgebased enterprises including advanced manufacturing, software and information technology, bio-pharmaceuticals, and financial services. This shift also has seen North Carolina burgeoning as an innovative center for aerospace and aviation. Currently, the state has more than 160 aerospace and aviation companies, employing more than 13,000 workers. Seven of the 10 largest global air defense companies, such as Boeing, General Dynamics, General Electric, L-3 Communications, Lockheed Martin, Northrup Grumman and Raytheon, have operations in the state. With the fourth largest military presence in the nation, the defenseNORTH CAROLINA FAST FACTS Population (2007): 9,061,032 Largest Cities (2006): Charlotte, Raleigh, Greensboro, Guilford, Durham, Winston-Salem Targeted Industries: Aerospace/Aviation, Financial Services, Life Sciences, and Information/Communications Technology Key Incentives: One North Carolina Fund, Job Development Investment Grant, Article 3J tax credits Commerce Overseas Corporation’s facility at the Global TransPark related industry plays a significant economic role by providing ample development opportunities through government contracting. At the heart of this growth lies North Carolina’s Global TransPark, established in the 1990s as a manufac- turing center but reconfigured in 2005 as a home for aerospace and military technology firms. The TransPark now consists of a 2,400acre industrial/airport site situated in the heartland of eastern North Carolina in Kinston, with 5,775 acres NORTH CAROLINA FOREIGN DIRECT INVESTMENT TOTALS (1987 to 2007) REGION Asia Canada Europe Other Total INVESTMENT $4.5 billion $1.1 billion $11.6 billion $0.5 billion $17.7 billion JOBS CREATED 21,210 9,749 PHOTO CREDIT: NC GLOBAL TRANSPARK AUTHORITY 67,047 2,013 100,019 1987-2007 NORTH CAROLINA DEPARTMENT OF COMMERCE COMMUNITY INVESTMENT REPORTS 56 SEPTEMBER 2008
Table of Contents Feed for the Digital Edition of Business Facilities - September 2008 Business Facilities- September 2008 Contents First Word Snapshots Corporate Moves: Mississippi Editor's Location Picks 2008 The Palmetto State Reaches Across the Sea Corporate Moves: Tennessee Metro Spotlight: Spokane, WA Biotech: Building Block for Development Wind Power Lifts Iowa Germany: Europe's Economic Juggernaut California Here We Come Up, Up and Away in North Carolina Corporate Moves:�West Virginia Metro Spotlight: Decatur/Greensburg, IN Advertiser Index Ask the Expert Business Facilities - September 2008 Business Facilities - September 2008 - Business Facilities- September 2008 (Page Cover1) Business Facilities - September 2008 - Business Facilities- September 2008 (Page Cover2) Business Facilities - September 2008 - Business Facilities- September 2008 (Page 1) Business Facilities - September 2008 - Contents (Page 2) Business Facilities - September 2008 - Contents (Page 3) Business Facilities - September 2008 - Contents (Page 4) Business Facilities - September 2008 - Contents (Page 5) Business Facilities - September 2008 - First Word (Page 6) Business Facilities - September 2008 - Snapshots (Page 7) Business Facilities - September 2008 - Corporate Moves: Mississippi (Page 8) Business Facilities - September 2008 - Corporate Moves: Mississippi (Page 9) Business Facilities - September 2008 - Editor's Location Picks 2008 (Page 10) Business Facilities - September 2008 - Editor's Location Picks 2008 (Page 11) Business Facilities - September 2008 - Editor's Location Picks 2008 (Page 12) Business Facilities - September 2008 - Editor's Location Picks 2008 (Page 13) Business Facilities - September 2008 - Editor's Location Picks 2008 (Page 14) Business Facilities - September 2008 - Editor's Location Picks 2008 (Page 15) Business Facilities - September 2008 - Editor's Location Picks 2008 (Page 16) Business Facilities - September 2008 - Editor's Location Picks 2008 (Page 17) Business Facilities - September 2008 - Editor's Location Picks 2008 (Page 18) Business Facilities - September 2008 - Editor's Location Picks 2008 (Page 19) Business Facilities - September 2008 - The Palmetto State Reaches Across the Sea (Page 20) Business Facilities - September 2008 - The Palmetto State Reaches Across the Sea (Page 21) Business Facilities - September 2008 - The Palmetto State Reaches Across the Sea (Page 22) Business Facilities - September 2008 - The Palmetto State Reaches Across the Sea (Page 23) Business Facilities - September 2008 - The Palmetto State Reaches Across the Sea (Page 24) Business Facilities - September 2008 - Corporate Moves: Tennessee (Page 25) Business Facilities - September 2008 - Corporate Moves: Tennessee (Page 26) Business Facilities - September 2008 - Metro Spotlight: Spokane, WA (Page 27) Business Facilities - September 2008 - Metro Spotlight: Spokane, WA (Page 28) Business Facilities - September 2008 - Biotech: Building Block for Development (Page 29) Business Facilities - September 2008 - Biotech: Building Block for Development (Page 30) Business Facilities - September 2008 - Biotech: Building Block for Development (Page 31) Business Facilities - September 2008 - Biotech: Building Block for Development (Page 32) Business Facilities - September 2008 - Biotech: Building Block for Development (Page 33) Business Facilities - September 2008 - Biotech: Building Block for Development (Page 34) Business Facilities - September 2008 - Biotech: Building Block for Development (Page 35) Business Facilities - September 2008 - Biotech: Building Block for Development (Page 36) Business Facilities - September 2008 - Biotech: Building Block for Development (Page 37) Business Facilities - September 2008 - Wind Power Lifts Iowa (Page 38) Business Facilities - September 2008 - Wind Power Lifts Iowa (Page 39) Business Facilities - September 2008 - Germany: Europe's Economic Juggernaut (Page 40) Business Facilities - September 2008 - Germany: Europe's Economic Juggernaut (Page 41) Business Facilities - September 2008 - Germany: Europe's Economic Juggernaut (Page 42) Business Facilities - September 2008 - Germany: Europe's Economic Juggernaut (Page 43) Business Facilities - September 2008 - Germany: Europe's Economic Juggernaut (Page 44) Business Facilities - September 2008 - Germany: Europe's Economic Juggernaut (Page 45) Business Facilities - September 2008 - California Here We Come (Page 46) Business Facilities - September 2008 - California Here We Come (Page 47) Business Facilities - September 2008 - California Here We Come (Page 48) Business Facilities - September 2008 - California Here We Come (Page 49) Business Facilities - September 2008 - California Here We Come (Page 50) Business Facilities - September 2008 - California Here We Come (Page 51) Business Facilities - September 2008 - California Here We Come (Page 52) Business Facilities - September 2008 - California Here We Come (Page 53) Business Facilities - September 2008 - California Here We Come (Page 54) Business Facilities - September 2008 - California Here We Come (Page 55) Business Facilities - September 2008 - Up, Up and Away in North Carolina (Page 56) Business Facilities - September 2008 - Up, Up and Away in North Carolina (Page 57) Business Facilities - September 2008 - Up, Up and Away in North Carolina (Page 58) Business Facilities - September 2008 - Corporate Moves:�West Virginia (Page 59) Business Facilities - September 2008 - Corporate Moves:�West Virginia (Page 60) Business Facilities - September 2008 - Metro Spotlight: Decatur/Greensburg, IN (Page 61) Business Facilities - September 2008 - Metro Spotlight: Decatur/Greensburg, IN (Page 62) Business Facilities - September 2008 - Advertiser Index (Page 63) Business Facilities - September 2008 - Ask the Expert (Page 64) Business Facilities - September 2008 - Ask the Expert (Page Cover3) Business Facilities - September 2008 - Ask the Expert (Page Cover4)
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