North Carolina Named Best Business Climate in Business Facilities Magazine Annual Ranking

North Carolina has been named the Best Business Climate in the nation by Business Facilities magazine,

“North Carolina hit a new level for business attraction and retention over the past 12 months, and our ranking of the state for Best Business Climate recognizes what an increasing number of companies have recognized by locating or expanding there,” BF Editorial Director, Anne Cosgrove said. “The state’s move to the top of the leaderboard this year is a recognition of the success of a broad-based economic development approach from teams across the state,” added Cosgrove. “This ranking also looks beyond the sheer numbers, evaluating diversity of growth sectors, incentives, workforce development and training, and education partnerships.”

In this year’s Annual Rankings Report, North Carolina also placed in the top 10 for: Tech Talent Pipeline; Customized Workforce Training; Food Processing; BioPharma; Semiconductors; Manufacturing Output (GDP); Offshore Wind Power (MW by 2030); Solar Installed Capacity; as well as Foreign Direct Investment for both project and capital investment.

Business Facilities is a national publication that has been the leading location source for corporate site selectors and economic development professionals for more than 50 years.

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