Perdue: North Carolina Named Nation's 'Top Business Climate' for 9th Year in a Decade

Site Selection magazine

Over the past year, executives from some of the world’s most respected corporations that chose to locate or expand in North Carolina identified the following competitive advantages found in the state:

· a

...

· a wealth of talented and skilled labor;
· outstanding custom training programs;
· solid transportation infrastructure;
· low cost of doing business; and
· high quality of life.

Site Selection magazine’s annual “Top Business Climate” rankings are based on quantitative and qualitative factors that corporate site-seekers – those who help companies expand or relocate – say they consider most important. Fifty percent of the ranking comes from a survey of corporate site selection executives who were asked to rank their top 10...

By: George Crocker | WNCT
Published: November 01, 2010

RALEIGH – North Carolina remains the state with the "Top Business Climate," according to Site Selection magazine.

Governor Bev Perdue made the announcement today.

Perdue's office says it's the 6th year in a row and ninth time in 10 years that North Carolina has earned the distinctiion.

A premier economic development magazine, Site Selection surveys corporate executives that help businesses select new locations. Those same execs ranked North Carolina a the top state for ease of doing business.

“There’s nothing I love more than convincing a corporate executive of what a great place this is to do business,” said Gov. Bev Perdue. “This shows that the hard work of the past two years continues to pay off – our investments in education to build the workforce of tomorrow, policies that create a more business-friendly climate and our aggressive recruiting. I intend for us to remain as competitive and innovative as any state — both nationally and internationally.”

“All states face economic and budgetary challenges these days, but this ranking reminds us that there are significant success stories, too,” says Site Selection Editor in Chief Mark Arend. “North Carolina’s first-place finish underscores its success across a wide spectrum of industries, from aerospace to life sciences to energy. We commend the governor and her economic development team for their focus on making and keeping their state business-friendly.”