The Piedmont Triad has an unbeatable location and a high quality of life while maintaining a relatively low cost of doing business. This combination has made the Region very attractive to business and industry.

In fact, the Boyd Company ranked the Piedmont Triad Region the lowest-cost location for Fortune 500 corporate headquarters of 30 major U.S. metro areas studied. Site Selection magazine has named North Carolina #1 for business climate, a ranking that has been achieved 10 times in the past 12 years.

In addition:

• Business-assistance programs are available both locally and from the state.
• North Carolina has no inventory or intangibles taxes and no sales tax on raw materials.
• Tax credits are available from the state which reward job creation, investment in machinery and equipment and research and development.
• One-time sustained annual grants are also available -- on a competitive basis -- to new and expanding businesses that choose to locate in the state rather than elsewhere.
• No-cost pre-employment assistance is available for potential new hires from North Carolina JobLink Career Centers. This includes labor market information, recruitment, screening and pre-employment training.
• Construction costs are well below the national average. (see data table link to the right)
• North Carolina is a 'right-to-work' state and has the lowest union enrollment in the nation.
• Utility costs are relatively low, and the water supply is plentiful.