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   May 2003  


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Top Story
$2.4 billion in investment eyes Triangle

Companies in targeted industries representing more than $2.4 billion in investment are considering relocating or expanding within the Research Triangle Region.

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Around the Region

Study maps plan to create rural jobs
An RTRP study proposes first-ever sharing of costs, revenues across county lines to bring 21st-century jobs and prosperity to rural parts of the region.

Kerr-Tar first to leap
Community leaders in Franklin, Granville, Person, Vance and Warren counties are the first to pilot an innovative rural economic initiative.

Task force researches cluster options
Work groups and researchers drill down to gather and analyze data that will help them shape a regional vision and action plan for competitiveness.

Granville site certified
Granville County gains state certification that a prime spot is ready to develop.

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RTRP investors briefed
Deal flow and regional competitiveness examined at RTRP investors meeting.

Jones to chair state partnerships
RTRP board chair Southgate Jones III takes the helm of the state's economic development partnerships.

Welcome to the Family!
A regional pride initiative rallies the Triangle's "Family of Communities."

Relocation guide published
Business Leader magazine's annual Corporate Relocation Guide provides a wealth of regional data and resources for expanding companies.

Regional Initiatives

Future Clusters Competitiveness
A CEO-level regional task force led by former N.C. Gov. James B. Hunt is developing a plan to ensure future economic growth.

Blueprint for Life Sciences Growth (.pdf)
Fierce competition threatens the future growth and vitality of the Research Triangle Region's life sciences industry. An RTRP report outlines how to protect and grow the region's life sciences industry.

Attracting Rural Investment (.pdf)
An RTRP-commissioned study by The University of North Carolina at Chapel Hill's Office of Economic Development outlines an innovative way to create jobs in rural areas.

Investor Salute

RTRP thanks Duke Power for its strong support of regional economic development.

RTRP Indicators

March 03
Feb 03
March 02
Web site hits
78,491
72,566
62,694
Inquiries
109
111
145

Selected Recent Investments
Wyeth Inc.'s $80 million expansion in Lee County is among $581 million in investment announcements made in the region during the fourth quarter of 2002.

Regional Accolades
Nielsen/Net Ratings in March ranked the Research Triangle Region No. 1 for adding online at-home users in the past year. The Triangle's active online population grew by 29 percent to 924,000 individuals logging on from home.

Recruiting Schedule
Regional developers travel to key U.S. and European destinations in May.

Regional Events
Biotech 2003: NC's Global Impact on Life Science is one of five May events for regional businesspeople and entrepreneurs.

 


Southgate Jones III, BB&T ASURA, RTRP Chairman
Charles A. Hayes, RTRP President and CEO

Board Members
Gordon Allen, N.C. House of Representatives
Jennifer A. Andrews, Attorney
Peter Anlyan, Capitol Broadcasting Co.
John Atkins, O’Brien Atkins Associates
Ken Atkins, Wake County Economic Development Program
Roland Beauchaine, retired
James Beck, Capital Bank
David Benevides, IBM-RTP
Weldon “Chip” Capps, Arcola Logging Co.
Moses Carey Jr., Piedmont Health Services Inc.
Jack Clayton, Wachovia Bank
Alan Ciamporcero, Verizon
Don Donadio, Womble Carlyle Sandridge and Rice PLLC
Benny Finch, Vance County EDC
Stanley Fox, N.C. House of Representatives
Mike Gallagher, Huntington Learning Center
Terry E. Garrison, Vance-Granville Community College
Ronnie Goswick, Franklin County EDC
Andrea Harris, N.C. Institute of Minority Economic Development
Jerry Hartgrove, Harnett County EDC
Kathy Hawkins, Progress Energy Co.
Bob Heuts, Lee County EDC
Alan S. Hicks, Attorney
Fred Hobbs, Hobbs, Upchurch & Associates
Chris Johnson, Smithfield Downtown Development Corp.
Gary Joyner, Kilpatrick Stockton LLP
Marvin Joyner, Central Carolina Community College
Allen Kimball, Warren County EDC
Donald Lancaster, First Citizens Bank
Mary Lilley, Moore County Partners in Progress
Paul McCoy, retired
Joe McDonald, BB&T Regional Insurance
Glen Newsome, Person County EDC
Travis Porter, Maupin Taylor & Ellis PA
Jerry O’Keeffe, PSNC Energy Co.
Billie Redmond, TradeMark Properties Inc.
Dianne Reid, Orange County EDC
James Roberson, Research Triangle Foundation
Michael Ruffin, Durham County
Harvey Schmitt, Greater Raleigh Chamber of Commerce
Michael de Sherbinin, Johnston County EDC
J. D. Solomon, CH2M
James R. Talton Jr., Impact Design Build Inc.
N. Johnson Tilgham, Investor/Developer
Steve Toler, Verizon
Tony Tucker, Chatham County EDC
Leon Turner, Granville EDC
Robert Wellons, Wellons Realty & Construction Co.
Tom White, Greater Durham Chamber of Commerce
Pratt Winston, Winston International
Lee Yarbrough, Novozymes North America Inc.

Special Adviser
James E. Holshouser Jr., Sanford Holshouser Law Firm