Contact:
Cyndy Falgout
(919) 401-3548
FOR IMMEDIATE RELEASE:
April 28, 2003
RTRP investors discuss deal flow, issues of competitiveness
Research Triangle Region, N.C. - Research Triangle Regional Partnership (RTRP) investors discussed client activity, marketing initiatives and progress on regional competitiveness initiatives at its April 28 briefing.
"Our focus is on facilitating collaborative, strategic initiatives that will ensure the future prosperity of this region and support your success," RTRP President and CEO Charles A. Hayes told investors. These key local companies and organizations provide critical private funding for regional economic development efforts that attract jobs and investment to the 13-county region.
RTRP discussed with investors the status of the 28 current investment prospects representing more than $2.4 billion in investment (See related story, "2.4 billion in investment eyes Triangle") that are currently considering relocating or expanding in the region. Staff discussed travel and recruitment strategies with investors.
RTRP's 2003 recruiting missions to key U.S. and European markets are designed to generate interest in the region among successful companies in five key industry sectors: life sciences, information technology, automotive parts manufacturing, plastics and distribution and warehousing. These industries are targeted because of their fit with existing industry and their potential to invest in both rural and urban parts of the region.
RTRP is a public/private partnership that promotes economic development for the 13-county region of North Carolina comprising Chatham, Durham, Franklin, Granville, Harnett, Johnston, Lee, Moore, Orange, Person, Vance, Wake and Warren counties.
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