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23 <br />Triangle firm named as one of country's most promising <br />(Triangle Business Journal, Nov. 30) <br />N.C. issues 2012 economic development <br />tier rankings <br />N.C. Commerce Secretary Keith Crisco announced on <br />November 30 the county tier designations for 2012. The <br />designations, which are mandated by state law, determine <br />a variety of state funding opportunities to assist in <br />economic development. <br />"Our goal is to encourage economic development <br />statewide so all of our residents can find good jobs <br />regardless of their location in our state," Crisco said. <br />"These tier rankings provide important tools that help <br />attract or retain businesses in all parts of North Carolina." <br />Using a statutory formula outlined in the 2006 Tax Credits <br />for Growing Businesses (more commonly referred to as <br />Article 3J tax credits), the Department of Commerce <br />assembles required statistics for each of North Carolina's <br />100 counties, applies the formula and assigns a tier <br />designation ranking from one to three. Tier 1 counties are <br />the most economically distressed and Tier 3 counties are <br />the least. Eligible businesses that locate in lower- tiered <br />counties are eligible for some grant programs and larger <br />tax credits than those that locate in higher- ranked areas. <br />Read more <br />Quote of the week <br />"This terrific news today is the result of past <br />years of investing in education, in workforce <br />training, in transportation and in critical <br />infrastructure" <br />—N.C. Sen. Charlie Dannelly of Charlotte on Marbach <br />America's decision to locate a new facility in the city <br />1 -1 <br />interiors engineering and manufacturing <br />company. Learn more <br />Year-to-date metrics <br />Site location project activity in North Carolina <br />is tracked by the N.C. Department of <br />Commerce's Division of Business and <br />Industry. These metrics include the number of <br />new projects assigned to economic <br />developers; the number of economic <br />development project announcements; and the <br />number of announced jobs created and <br />capital invested. <br />Jan. 1 - Dec. 8, 2011 <br />New projects assigned: <br />375 <br />Projects announced: <br />157 <br />Jobs created: <br />14,203 <br />Capital invested: <br />$2.810B <br />N.C. in the news <br />Dec. 8, 2011 <br />President, First Lady to visit Fort Bragg <br />Wednesday <br />Dec. 8, 2011 <br />At 19,193, N.C. leads in board - certified <br />taarhom <br />Dec. 7, 2011 <br />SAS strikes $6M deal with IRS <br />Dec. 5, 2011 <br />Interest builds in solar - electric trikes <br />Dec. 3, 2011 <br />Trump at The Point? <br />Attachment number 1 <br />Page 433 <br />