North Carolina's Distinctive Advantages - East Carolina University

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5 Δεκ 2012 (πριν από 4 χρόνια και 8 μήνες)

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North Carolina’s

Distinctive Advantages

North Carolina’s Distinctive Advantages


Great Labor Environment and Skilled,
Productive Workers


Comprehensive Workforce Development
Network


Exceptional Educational Opportunities


Unequaled Proximity to Markets


Global Connectivity


North Carolina’s Distinctive Advantages


Competitive Operating Cost Structure


A Great Place to Live


A Government that Works for Business


Performance
-
Based, Targeted Incentive
Programs


Professional Economic Development
Assistance


Great Labor Environment and Skilled,
Productive Workers


Right
-
to
-
work state


lowest unionization rate
in the nation


Population of nearly 9 million


10
th

largest in
the US


Diverse labor force of more than 4.5 million


ranges from bus assembly to
biopharmaceutical research


Largest, most productive, and skilled
manufacturing workforce in the Southeast




Comprehensive Workforce Development
Network


Customized employee recruitment


Screening and training services by
professional employment consultants


First in the nation to provide free customized
training through a 58
-
campus Community
College System


Programs range from orientation to skill
-
building, incumbent worker and
on
-
the
-
job training

Exceptional Educational Opportunities


Preschool programs designed to ensure
readiness for all children


Increasingly competitive, accountable public
schools


Affordable, accessible programs through 58
-
campus network of community colleges


First public university in the nation is one of 16
campuses of the University of North Carolina


Highly respected private institutions

Unequaled Proximity to Markets


Central east coast
location with the nation’s
2
nd

largest highway
network


Within a 700
-
mile radius
of more than 170 million
US and Canadian
consumers




Transportation Infrastructure


Highway network


spanning more than 98,000 miles


connecting 7 major interstates; rail system with 3,600 miles and 20
carriers; two modern deep
-
water ports


Three international airports provide non
-
stop service to over 100
cities including Frankfurt, London and Toronto


Global Transpark


accommodates the world’s largest cargo jets

Global Connectivity


Statewide accessibility to high
-
speed
internet with 100% digital switching


Technology and telecommunications
network includes rural areas


Advanced, reliable, voice, data and
video communications

Competitive Operating Cost Structure


Below national average cost of living
indexes


6
th

lowest business costs in the US


Low electric and natural gas costs


Economic incentives for large power
users


Among the lowest building costs in
the nation

A Great Place to Live


Moderate climate with scenic beauty in three
geographic regions


coast, mountains and Piedmont


Culture rich in history and arts


first state
-
supported
symphony and art museum in the nation


Well
-
known for motorsports, professional football,
basketball and hockey teams, minor league baseball,
and famous inter
-
collegiate rivalries


A Government that Works for Business


Commitment to consistent investments in education,
infrastructure and technology


Maintain constitutionally mandated balanced budget


Sound AAA bond rating


Innovative state leadership exemplified through


development of the Research Triangle Park in 1959


creation of the North Carolina Biotechnology Center and the
Microelectronics Center of North Carolina (MCNC) in 1981


investment in Bio and Pharmaceutical Training
Consortium in 2003



Performance
-
Based, Targeted Incentives

Tax Credits


Article 3J Tax Credits



tax credits for job
creation, investment in business property, and
investment in real property


Research and Development Tax Credit



credit based on a percentage of qualified
research expenses, with enhancements for
research performed by NC universities


North Carolina State Ports Income Tax Credit


tax credit earned on incremental increases of
ports usage and handling fees over three years



Performance
-
Based, Targeted Incentives





Discretionary Programs


Job Development Investment Grant


provides sustained annual grants to new and
expanding businesses, measured against a
percentage of withholding taxes paid by new
employees


One North Carolina Fund


grant available for
new or expanding companies in conjunction
with local government match



Performance
-
Based, Targeted Incentives

Other Cost
-
Saving Programs


Sales and use tax discounts and exemptions


available on certain parts and accessories


Community Development Block Grants and
Industrial Development Fund


provide grants for
infrastructure development in economically challenged
areas of the state


Industrial Revenue Bonds



provide tax
-
exempt
financing


Foreign Trade Zones


provides opportunities
to defer, reduce and/or eliminate import duties






Professional Economic Development
Assistance


Division of Business and Industry


leads state’s
recruitment efforts with dedicated, professional
staff


Full
-
service support includes site evaluation and
selection, research and analysis, human
resources, environmental assistance and
financial program guidance


Specialized services include regional economic
development offices, international offices,
industry sector teams and Business ServiCenter

North Carolina Profiles of Industry


Biotechnology, Pharmaceuticals and Life Sciences


third largest biotechnology industry in the US


Information and Communications Technology


among
the top national and worldwide centers in
telecommunications, networking and software development


Motor Vehicle and Heavy Equipment


more than 1,000
manufacturing operations supply parts, accessories and
components for automotive, truck, bus and heavy
equipment industries


Business and Financial Services


second largest
financial center in the nation, one of the state’s largest
economic sectors employing nearly 200,000 workers


Chemicals and Plastics


more than 550 US and
international companies provide a solid base for
manufacturing materials, equipment, parts and molds


Biotechnology, Pharmaceuticals and
Life Sciences


Third largest biotechnology industry in the
nation with more than 40,000 highly skilled
workers


300 contract research organizations, medical
device and bio and life science
-
related
companies


1,300 IT companies


employing more than
218,000 highly skilled workers


Major center for telecommunications,
networking and software development

Information and Communications
Technologies

Motor Vehicles and Heavy Equipment


Among the largest auto parts manufacturers
with more than 1,000 companies and
140,000 skilled workers


Racing and motorsports


a $5 billion
industry in North Carolina

Business and Financial Services


One of the state’s largest economic sectors


employing
nearly 200,000 workers


2
nd

largest financial center in the nation


Headquarters for Bank of America, Wachovia Corporation,
and BB&T


three of the nation’s 10 largest banks


Credit Suisse and TIAA
-
CREF have major operations and
processing centers in state


Nearly 200 customer service centers

Chemicals and Plastics


National leader in plastics, rubber and
chemical industries with more than 550
facilities


42,000 skilled employees ranking among the
top 10 nationally





Business and Industry Development Division

North Carolina Department of Commerce

919.733.4977 phone

919.733.4563 fax

www.nccommerce.com