Why invest in North Carolina

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Why invest in North Carolina

 

10 Best Reasons for Locating in North Carolina


Large and Productive Labor Force

North Carolina has the largest and most productive manufacturing labor force in the Southeastern United States.





Labor Force Training and Exceptional Educational Facilities

North Carolina ranks among the best states in the nation for its higher education facilities. Nationally and internationally recognized public and private universities graduate skilled potential employees in all fields of knowledge. Our extensive two-year technical and vocational colleges offer customized skills training for employees of new and expanding firms to spur start-up productivity gains at virtually no cost to the company.




Excellent Labor Environment

Labor force productivity is enhanced by low absenteeism and a strong work ethic.





Low Energy and Construction Costs

North Carolina's efficient public and private utilities provide reliable and economical services at a cost at or below the national average. Construction costs are among the lowest in the nation.





Unequaled Proximity to Major Markets

North Carolina's central East Coast location places the State within a one day drive (1,000 km radius) of two thirds of the US and Canadian market.





Comprehensive Transportation Network

The State maintains an excellent surface transportation network with an extensive system of multi-lane freeways. Two international airports have daily nonstop flights to Europe. Additionally, two air cargo hubs are under development. North Carolina is also served by 5000 km of railways and two deep-water ports that offer very competitive pricing on the US east coast.




A Great Place to Live

North Carolina's mild four-season climate encourages an outdoor year-round life-style. Recreational opportunities abound in a state with the highest mountains in Eastern North America and more undeveloped beaches than any Atlantic seaboard state.





Moderate Taxation/Financial Incentives

North Carolina's state and local tax burden is in the lowest one third of the 50 US States, while maintaining an excellent public infrastructure. Financial incentives for creating investment and jobs can lower the business tax burden even further. Mandatory business payroll taxes are among the lowest in the nation.





A Government That Works for People & Business

State government pursues conservative fiscal policies that maintain an AAA debt-service rating and tax structure stability.






Professional Development Assistance

The North Carolina Department of Commerce provides personalized assistance plus contacts to numerous state, regional and local organizations with programs ready to assist business to create jobs and investment in North Carolina.