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Abstract:
Several factors were attributed to business booming between North Carolina’s Southeast, an economic development partnership, and international firms from nations such as Australia, China, and South Africa. Among the factors were its waterways, such as Wilmington’s seaport; advantageous infrastructure, such as highway connectivity; military members that are also viewed as lucrative potential employees; comparatively lower costs, such as corporate tax rate.
Abstract:
The closing of Eden’s MillerCoors negatively impacted the town’s other large business, Morehead Memorial Hospital. Its closing served as a reminder of factors that leave towns like Eden and its rural Rockingham County economically vulnerable, such as brain drain and the rural-urban divide. Believed reasons why it closed included Anheuser-Busch In-Bev’s purchased SAB-Miller not having competition. Believed reasons why it remains closed includes the Economic Development Partnership of North Carolina favoring cities.