Once known for a traditional economy built on tobacco, furniture and textiles, North Carolina has evolved to a global economy driven by knowledge-based industries. Biotechnology, energy, finance and information technology are just a few of the many business sectors that are rapidly growing and succeeding here, and a range of leading companies call our state home to their corporate headquarters. This week, we highlight the Aeorospace/Defense, Automotive, and Biotech/Pharmaceutical industries:Aerospace and DefenseWith a legacy in flight that began with the Wright brothers, our aerospace industry is led by companies such as Honda Jet and GE Aviation. Corporations here, including Lockheed Martin and UTC Aerospace Systems are also leaders in defense and security.Automotive, Truck and Heavy MachineryNorth Carolina has the 10th-largest automotive sector employment in the U.S. with companies such as Daimler Trucks, Freightliner, Caterpillar and Bridgestone taking advantage of our highly skilled workforce.Biotechnology and PharmaceuticalsMajor biotechnology and pharmaceutical companies, including Novo Nordisk, Merck and GlaxoSmithKline, are attracted to North Carolina where they find the largest research park in the country and three Tier 1 research universities.Source: Economic Development Partnership of N.C.
NEW YORK — The dollar stumbled on Tuesday and U.S. Treasury yields fell on a fresh setback to U.S. President Donald Trump’s domestic agenda, while U.S. and European stock indexes struggled after a heavy batch of […]
TOKYO/WASHINGTON, D.C. — Japan’s Takata Corp , at the center of the auto industry’s biggest-ever product recall, filed for bankruptcy protection in the United States and Japan, and said it had agreed to be largely […]
BURLINGTON, N.C. — On a cold January day, Nancy Rosborough, Founder and CEO of Mycorrhiza Biotech, LLC, hops into her Jeep with her trained truffle hunting dog, Ava. Once reaching an unmarked field on the […]