North Carolina: from high flight to high technology

Article Abstract:

The state of North Carolina has broken the three-year record of Ohio in Site Selection's annual tally of new and expanded corporate facilities. Investments in North Carolina have reached $6.5 bil, 20% higher than the investment figures in 1995. The state was able to attract a total of 1,124 companies to invest in the state, providing an additional 54,000 jobs, a 26% increase over 1995. Aside from the state's lead in the furniture, tobacco and textile industries, the state is currently attracting new investments in high technology and biotechnology, attributable to its workforce's high productivity and the large number of research facilities located in the state.

Business Real Estate Mgmt, Business, Real estate management, Investments, North Carolina, Biotechnology

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Virginia

Article Abstract:

The state of Virginia's attractiveness to high technology industries is attributable to its possession of a technology-savvy workforce. This factor, together with the state's developed infrastructure and incentives, accounts for its massive telecommunications and information technology industries. The state ensures the continuous supply of quality workforce through state support to its universities, research and development institutes and technological development centers. It is, also, the only state that has an appointed cabinet secretary for information technology management.

Colleges & Universities, Colleges, Universities, and Professional Schools, Elementary and secondary schools, Colleges and universities, Commercial physical research, Research & Development-Industry, Technical Schools, Social aspects, Analysis, Virginia, Universities and colleges, Industrial research, Ohio, Labor supply, Labor force, Technical institutes, Industrial locations, Industrial location

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The U.S. Pacific: high-tech industry charges in

Article Abstract:

The Pacific Coast area, which includes the states of Washington, Alaska, California, Hawaii, and Oregon is experiencing a surge in foreign investments in the 1990s due to favorable tax laws and other incentives. Most of the foreign investment comes in the form of high technology industries such as software, biotechnology, and communications companies. The state of California has had the most number of new facilities and expansions between 1990 and 1996, with some 1,754 new companies in the period.

Prepackaged software, Computer Software, Software Publishers, Administration of General Economic Programs, COMMUNICATION, Communications, Broadcasting and Telecommunications, Foreign Investment Regulations, Management, Software, Foreign investments, Finance, Telecommunications industry, Foreign investment laws, Pacific Coast (United States)

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