North Carolina named 2022 ‘State of the Year’

The strong growth of the industry and the business-friendly environment make it the second time that Bang Tar Heel has been awarded this top honor.

CHARLOTTE, NC — The Business Facility Magazine has recognized North Carolina as its “State of the Year” for economic development for the second time. The magazine, a preeminent publication on economic development and corporate recruitment across the United States, also awarded the State of Tar Heel this honor in 2021.

In awarding this highest honor, Business Foundation magazine analyzed economic development indicators, including industry growth, job creation, capital investment, education and the business environment.

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“A concise regional economic development strategy in recent years has propelled North Carolina, and 2022 is yet another iconic year for the state in terms of capital investment and job creation,” said Anne Cosgrove. Cosgrove said. Business premises‘ Editorial director.

In addition to these traditional indicators, North Carolina’s business-friendly environment has attracted diverse industry growth and innovation.

Along with world-class educational and R&D resources, the support of programs and incentives from organizations at all levels across a variety of industries, including high-growth industries like electric vehicles , made the state our top pick this year,” Cosgrove said.

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In a press release, Governor Roy Cooper praised North Carolina’s “State of the Year” recognition.

“North Carolina is the best state to live, work, have a family and do business,” said Governor Cooper. “We will continue to invest in our talented workforce, transition to a clean energy economy, and bring more better-paying jobs to every corner of the state.

In December, Governor Cooper’s office announced a record 28,000 new jobs added to North Carolina throughout 2022. Vinfast, Wolfspeed, Macy’s, Boom Supersonic and Eli Lilly and Company represent five projects. Top job creation projects announced last year.

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