North Carolina’s Manufacturing Industry
The manufacturing industry contributes the most value to North Carolina’s GDP. The production of automotive, truck and heavy equipment is especially booming. This sector employs close to half a million residents of the Tar Heel State.
Aerospace and Defense Industry
Two of the state’s natives, the Wright Brothers, invented the airplane. Since then, North Carolina has built upon and continued to hold on to its reputation. The state is an aerospace and aviation hotbed. There are about 180 aerospace and aviation companies based in North Carolina, which include popular brands like Boeing and Cessna.
The Railroad Industry
North Carolina is quite accommodating towards rail-served industries. The North Carolina Railroad Company works round the clock to ensure adequate infrastructure. This company transports the building blocks for many enormous manufacturing initiatives. For passenger rail services, the company has invested more in transit-oriented development. The financial benefits have also been there for everyone to see. It managed to raise 1.5 billion dollars in capital investments over a recent 18-month period. This fundraising venture was a partnership, where the state government and the North Carolina Railroad Company collaborated to raise capital.
The Tourism Industry
The state has lots of historical sites that attract thousands of visitors. The Biltmore Estate is an example. Shipping magnate George Vanderbilt created this 250-room mansion between 1889 and 1895. At one time, Vanderbilt was the richest man in America. He built this 8,000-acre private sanctuary in Asheville to use as a summer escape. This vast estate has a serene and natural feel, and its beautiful 19th-century architecture attracts tourists all year round. Another breathtaking attraction in North Carolina is the Charlotte Motor Speedway. This speedway plays host to exciting NASCAR races. The Blue Ridge Parkway national park is another must-see.