Regional Assets
We know businesses are always searching for a competitive edge. Here are some of ours:
Low Operating Costs
Companies that operate in the Triangle North communities benefit from lower land costs, lower rental rates and lower labor costs.
In addition to these ongoing cost advantages, consider that each of the four Triangle North sites offer new and expanding businesses the most lucrative level of state incentives available.
Customized Training
Select new and expanding businesses are eligible for free customized training through the North Carolina Community College System. This is often cited by companies as one of the most valuable incentives offered by the state of North Carolina.
This training is designed to educate employees as efficiently as possible, and can often happen before a company ever starts production.
Higher Education
The Research Triangle Region is home to 12 colleges and universities and eight community colleges. Collectively these institutions enroll close to 150,000 students and confer 40,000+ degrees annually.
The largest of the universities — NC State, UNC Chapel Hill and Duke — combine to conduct more than $2 billion of research each year.
Roads, Rails, Air and More
Whether you’re concerned about employees getting to and from work, or you’re working with bulky products shipped from across the globe, the transportation infrastructure available in Triangle North can ensure your requirements are taken care of.
A Rapidly Growing Region
The Research Triangle Region of North Carolina, which includes Raleigh, Durham, and Chapel Hill, has seen incredible growth over the past few decades.
Now home to more than 2 million people, the region shows no sign of slowing down. In fact, recent census numbers reveal that the Raleigh-Cary MSA and Durham-Chapel Hill MSA are some of the fastest growing in the nation.
Research Triangle Park and Centennial Campus
Companies that locate in Triangle North will benefit from the close proximity to not just one, but two world-class research parks. The arguably more famous Research Triangle Park is home to 300+ innovative companies that employ well over 50,000 people. While NC State University’s Centennial Campus, may not be quite as well known or as large as RTP, it offers an exciting model where collaboration between business and university isn’t just recommended, it’s required!