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   May 2004  


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The Research Triangle Regional Partnership promotes economic development for the
13-county region of Chatham, Durham, Franklin, Granville, Harnett, Johnston, Lee, Moore, Orange, Person, Vance, Wake and Warren, North Carolina.

Top Story
Region snags major cluster win

Merck & Co. Inc.’s new vaccine plant in Durham is a home run for the region’s biotechnology cluster and a model of how a region should collaborate to attract investment.

  read the story

Around the Region

Rural counties rebound with new jobs and investment
RTRP’s 10 rural counties are at the leading edge of economic recovery, benefiting now from worker retraining and marketing investments made during the downturn.

RTRP tapped as finalist for national competitiveness award
The U.S. Commerce Department selected the Research Triangle Regional Partnership as a finalist for its top economic development awards for innovation in developing the regional competitiveness initiative, “Staying on Top.”

State of the Region event set for May 25
Registration is under way for RTRP’s inaugural “State of the Research Triangle Region” event, offering an in-depth look at the region's economic health and competitive position.

Region’s biotech assets showcased at world’s largest biotech conference
North Carolina’s considerable biotechnology cluster and competitive assets will be showcased for prospective companies and site selection consultants worldwide at the premier biotech conference to be held in San Francisco in June.

Harnett County mission sparks Swedish investment interest
Harnett County and Dunn economic development officials traveled to Gothenburg, Sweden, in April, and established promising business ties.

Regional council recommends strategies to clean the air
The Greater Triangle Regional Council Air Quality Task Force on April 12 released its recommendations for how the Research Triangle Region should improve its air quality, and highlighted successful initiatives already under way.

Regional developers recruit investment from site consultants in May
Regional developers travel to Charlotte and Greenville, S.C. in May to market the region to consultants that help companies worldwide make location decisions.

Regional Initiatives

Staying on Top
The Research Triangle Region is undertaking a five-year, $5 million initiative to create 100,000 jobs and boost employment in all 13 counties of the region.

Read the plan
Visit the Web site

Attracting Rural Investment
Community leaders in the Kerr-Tar Region are developing an innovative multi-county mid-tech hub recommended as a rural development strategy by an RTRP study.

Read a March 25 update
Read the mini-hub feasibility study (.pdf)

Blueprint for Life Sciences Growth
Protecting and growing the region’s life sciences industry amid fierce competition from other areas is the topic of an RTRP life sciences industry report.

Read the report (.pdf)

Investor Salute

RTRP salutes the Greater Raleigh Chamber of Commerce for its efforts to advance the region’s “Staying on Top” competitiveness initiative through the EDGE3 fund-raising campaign.

RTRP Indicators

March 04
Feb 04
Feb 03
Web site hits
108,581
73,003
78,491
Inquiries
126
128
109

Selected Recent Investments
Eaton Corp.’s $27 million expansion of its Roxboro plant is among the $448 million in investment and 1,216 new jobs announced in the 13-county region during the first quarter of 2004.

Recruiting Schedule
Economic developers will visit key contacts worldwide in coming months to recruit investment to the Research Triangle Region.

Regional Events
Key players in the Research Triangle Region’s biotech cluster host the 13th Annual Biotech 2004 event, “Fusing Science, Technology and Business Leadership,” on May 26-27. It is one of several May events for regional business people and entrepreneurs.


RTRP FLASH POLL

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RTRP Board

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 S. Andrews, Attorney
John Atkins, O’Brien Atkins Associates
Ken Atkins, Wake County Economic Development Program
Roland Beauchaine, Warren County Economic Development Commission
David Benevides, IBM-RTP
Weldon “Chip” Capps, Arcola Logging Co.
Moses Carey Jr., Piedmont Health Services Inc.
Jack Clayton, Wachovia Bank
Alan Ciamporcero, Verizon
Fred Day, Progress Energy
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
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
Paul McCoy, retired
Joe McDonald, BB&T Regional Insurance
Lee Anne Nance, Harnett County EDC
Glen Newsome, Person County EDC
Ray Ogden, Moore County Partners in Progress
Jerry O’Keeffe, PSNC Energy Co.
Travis Porter, Maupin Taylor & Ellis PA
Billie Redmond, TradeMark Properties Inc.
Dianne Reid, Orange County EDC
James Roberson, Research Triangle Foundation
Michael Ruffin, Durham County Manager
Henry "Hank" Scherich, Measurement Incorporated
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.
Katherine Thomas, Progress Energy
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