NC business climate rated the best

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Site Selection magazine has selected North Carolina as having the nation’s top business climate for 2010.

It is the sixth year in a row, and the ninth time in 10 years, that the state has taken the top honor in the annual ranking by the magazine.

The rankings are determined 50 percent by performance of the 50 states in Conway Data’s New Plant Database, which tracks new and expanded business-facility activity, and 50 percent by a survey of corporate site-hunters across the country.

“North Carolina’s first-place finish underscores its success across a wide spectrum of industries, from aerospace to life sciences to energy,” said Mark Arend, the magazine’s editor in chief.

Among North Carolina’s strengths, according to executives associated with projects in the state, are: its extensive higher-education resources; work-force training initiatives; moderate climate; and transportation infrastructure.

Another factor, the magazine said, is the governor’s proactive approach to business recruitment. Read More.

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