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November 2009

COVER STORY

THE 2009 BUSINESS CLIMATE REPORT
Watch and Learn
Commerce and curriculum are a natural match in North Carolina, which tops the business climate rankings yet again.

FEATURES

Legislative Update
‘Aggressive, Yet Responsible’
Incentives — and more fundamental tax reform — receive magnified scrutiny in hard times.

Incentives
Location Tax Incentives
The Best of Times, The Worst of Times

State Incentive Programs
Incentives Charts

Aerospace
Carolinian Cluster Approaches Critical Mass
An emerging base of advanced-composites expertise and a labor market conducive to manufacturing provide the tailwind in the Carolinas’ aerospace sector.

Medical Devices
Behind Cleveland’s BioMed Hub
Company executives credit their success to the area’s deep pool of resources.

Travel & Tourism
Investment Prevails Despite ‘Time of Turbulence’
Switzerland, Austria and Germany have retained their rankings in the World Economic Forum’s third annual Travel & Tourism Competitiveness Index.

INVESTMENT PROFILES

Busan-Jinhae FEZ
Growing Fast and Green

Greater Topeka, Kansas
Labor on Demand

Saxony-Anhalt, Germany
At the Center of a Bright Idea Saxony-Anhalt's Fraunhofer Center energizes the solar sector with breakthrough research.

Port Of Tanjung Pelepas, Malaysia
The Pelepas Free Zone
More Than Just Cost Advantages

SPECIAL AD SECTIONS

Ports & Free Trade Zones
The need for a competitive edge in today’s global economy

Indiana Powerplay
The Anatomy of a Turnaround

Top Business Park Locations
Today’s Business Parks
A Perspective From the Trenches

INTERNATIONAL

South Korea
Good Prognosis
Korea’s energy and life sciences sectors show strength.

IAMC Insider
Letter from IAMC Chair Jim Martin, Meet a Member, People & Projects and Fall 2009 ForumReport

Germany
Busy Berlin
Redevelopment and a new airport boost the formerly divided city.

North American Reports
Dow a Leading Indicator for Indiana; Healthy Integration; more.

World Reports
Speedo found the perfect fit, as well as projects from Hitachi Appliance in India, Evergreen Solar in China, Cargotec in Estonia, Pfizer in Sweden and Sandoz in Germany.

Ontario
Digital Destination
Ontario fosters a new media sector.

DEPARTMENTS

Editor's View
Sand Is for Beaches

Site Visit
L.A. Story
Driven by contracts, convenience and transit trends, an Italian railcar maker wants to manufacture in California.

Project Finance
Wish List to Punch List
For the National Cancer Institute, curing a space problem may lend a hand to the ultimate mission.

AREA SPOTLIGHTS

Ohio River Corridor
Defined by Motion
Projects keep pace in counties up and down the Ohio.

Upstate New York
Cooling It
Yahoo! is loving Lockport, N.Y.

Washington
Cleared For Landing
The City of SeaTac lures firms by offering air access and a pro-business climate.

Nebraska
Omaha
The Next Financial Capital

Minnesota
Iron in the Fire
Minnesota’s mining industry fuels a surge in economic expansion.

Virginia
Time for an Incentives Tune-Up?
Even without one, Virginia’s business climate is enviable, according to two measures.

Tennessee
Lookout Towers
A wind energy firm ramps up in Chattanooga.

Kansas
Perfect Match
Kansas lures a nacelle plant

Southwest Region
Energy Injections
A region sets the stage for the entire solar supply chain.