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.
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 […]
ABU DHABI – Hyperloop One says it will begin formal testing in the coming months as it aims to revolutionise the way people and goods are moved. It comes a week after the U.S.-based firm […]
NEW YORK (Reuters) – As century-old Wall Street brokerages have agonized over the fate of a major U.S. regulation on retirement advice, younger Silicon Valley counterparts have coolly shrugged their shoulders. At issue is when […]