Cumberland County is home to Fort Bragg, one of the largest military installations in the continental United States. With the base comes a population of soldiers, families, and civilian support. In fact $45 Billion is brought to the regions per year by the Army installation.
North Carolina ranked number one in Site Selectors annual business climate rankings for 2010 and in 2012. Site Selector, a magazine for corporate real estate strategy and area economic development, bases rankings in two ways: 50 percent on a survey of corporate site selectors and 50 percent on five criteria, three that require states to demonstrate a strong record of attracting capital investment.
“I really believe this is about the quality of our work force,” former NC Gov. Bev Perdue said in Site Selectors online publication. “We have a work force that is second to none and a community college system in 59 communities that can train specifically to industry and retrain as often as the employers’ technology demands it. That has been the constant in all of the industry hunts I have been on. Early on, businesses talk about the quality of the work force and the training they find at the community colleges.”
[Click here to learn more about the workforce in Cumberland County NC] But besides the workforce, there are plenty of business economic advantages in Cumberland County NC. Did you know that Fayetteville is ranked 3rd Best Job Market in the nation by Manpower Inc.? Or how about that North Carolina as a whole is ranked as the 4th Best Business State of 2012 by Forbes Magazine. Specifically in the survey, the state ranked number 2 in business costs and number 3 for labor supply.
But when it comes to business growth, North Carolina landed in the top stop, named the “2012 State of the Year” by Southern Business and Development.
There are many business economic advantages to Cumberland County NC and if you have questions about the area or want to learn more contact us today!
Tags: Business in Fayetteville NC, Business in North Carolina, Doing Business in Fayetteville NC, Economic Advantages in Cumberland County NC, Economic Advantages in Fayetteville NC, economic development, economic development NC