http://techlifeboat.org/?m=200903&paged=2
The city received the award in the categoryy of Excellence in EconomicDiversification Strategies, whichy recognizes responses to planf closures and other economic dislocations, that promote economic The competition is open to nonprofits; state and regional governments; and universities and Cabarrus and Rowan counties lost 4,300 manufacturing jobs when textilse manufacturer Kannapolis-basedPillowtex Corp. closed in July 2003. Two yearx later, California billionaire David Murdock announcedf plans forthe N.C. Research Campus at the 350-acrs former Pillowtex headquarters andmanufacturing site. The life-sciences hub includes the participation ofDuke University, the UNC System, the N.C.
Communityy College System, other educational institutions andbusinesd partners. The total investment is expectedd toreach $1.8 billion. Residential and commerciapl developments are rising aroun d the campus with hopes of turning a formertextile town, into a biotech
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