North Carolina Economic Development Guide

2012

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Governor Q&A 803,*/( 50 45": ")&"% /PSUI $BSPMJOB UIF CFTU QMBDF GPS CVTJOFTT XPOµU SFTU PO JUT MBVSFMT UIF HPWFSOPS TBZT Beverly Eaves Perdue was elected to North Carolina's top office in 2008, just in time to navigate it through a devastating recession brought on by a financial crisis that had serious consequences for her home state. She spent two terms as lieutenant governor and 14 years in the General Assembly prior to becoming the state's 73rd — and first female — governor. She discusses her administration's priorities for economic development. What are your goals for 2012? I am focused on helping small and large businesses across North Carolina grow and on recruiting new businesses. We have a great business climate already — we are consistently ranked among the best states in the nation to do business — and I am committed to making it even better by investing in education, improving our transportation infrastruc- ture and reducing regulatory burdens. How has the recession affected the state economy and its recruitment efforts? Since 2009, North Carolina has started to think more strategically about economic development. We are aggressive in attract- ing new businesses and increasing jobs in companies that are already here. Business leaders see a bright future. Our old-line, mainstay industries such as manufacturing, textiles and agriculture are being transformed — becoming leaner, more efficient. They continue to be a vital part of our economy. But we also are seeing new sectors diversify and grow. Our urban centers are attractive 10 North Carolina Economic Development Guide to corporate offices seeking to relocate for a lower cost of doing business and a higher quality of life. We continue to capitalize on our first-class university system as a pipeline for talent and new industries. We are a national leader in financial services, life sciences and biotechnology, and we are rapidly diversifying into the biofuels and agri-biotechnology sectors. We continue to build our information-technology industry, from our data-center cluster in the west to our software and technology leaders in Research Triangle Park. We are quickly acquiring a national reputation for our energy cluster and using our military bases to attract and grow defense-service businesses, contractors and aerospace industries. Times may be tough nation- ally, but North Carolina offers a terrific value to businesses. We will come out of this recession a winner. How will North Carolina make sure that happens in this environment? We must invest in education, preserve our business-friendly environment and

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