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N.C. is business-friendly for 8th year, magazine says
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Published: November 3, 2009
Updated: 11/03/2009 12:30 am
Site Selection magazine has ranked North Carolina as having the nation's top business climate for the fifth consecutive year, and for eight of the past nine years.
The magazine bases its rankings on quantitative and qualitative factors that corporate site-seekers say they consider most important. Fifty percent of the ranking comes from a survey of corporate site-selection executives who were asked to rank their top 10 states, and 50 percent is based on four measures of new plant activity as tracked by the magazine.
North Carolina was again ranked second in the survey of the site-selection executives.
Among North Carolina's strengths cited by executives were its tax climate, work force, incentives and economic-development strategy, non-union environment, utility infrastructure, and legal and regulatory environment.
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