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FROM NOVEMBER 2003 “Tar Heel State named Number 1 Business Climate for third consecutive year.” COVER STORY 2003 Business Climate Report 2003 BUSINESS CLIMATE REPORT • North Carolina Scores a ‘Three-Peat’ • Raleigh Area Lures R.H. Donnelley Headquarters Project • Annual State Legislative Review • State Incentives Update EDITOR'S VIEW • The Older the Better MILITARY BASE REDEVELOPMENT • From Swords to Ploughshares SPECIAL ADVERTISING SECTIONS • Outsourcing Case Studies • Top Business Park Locations

IAMC INSIDER • Bob Zane Named 2004 IAMC Chair; Plenty of Take-Home in Boston; IAMC People and Projects; more. Q&I: BOB ZANE, CAMPBELL SOUP CO. • IAMC's Changing of the Guard NORTH AMERICAN REPORTS • Milwaukee's Waves of Change; Will 'Do Not Call' Mean 'Do Not Build'?; Big Sale-Leasebacks Make Financial Sense WORLD REPORTS • European Automotive Projects Move Into the East; Swiss Cities Can Buy, Sao Paulo Can Help; more. ASIAN CALL CENTERS • Dialing New Delhi AREA SPOTLIGHTS Iowa: Corporate Caucus Ohio River Corridor Regional Review Ontario On Target Tennessee: Midway to the Globe Investors Discover the Rest of Virginia INDUSTRY REVIEWS Food Processing: New Systems, Projects on Sector's Horizon High-Tech Industry Review: Where Clusters Come From

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