Thursday, October 30, 2008

Chapter 7 Industrial and Commercial Organization



The main industries in Raleigh are located in the Research Triangle Park that is located in between Raleigh, Durham and Chapel Hill, it was created in 1959 by local city governments and the state government, some business interests and several nearby Universities, and is one of the most prominent high-tech research and development centers in the United States been compared to the Silicon Valley in the west coast with all the high tech industries.

“The park is 7,000 acres situated in a pine forest with approximately 630 acres for development. As of 2007, there are over 130 research and development (R&D) facilities existing in RTP with more than 39,000 employees working for a total of 157 organizations. The park is adjacent to I-40 and the Durham Freeway. It is managed by the Research Triangle Foundation , a private non-profit organization. The park is home to one of the largest IBM operations in the world; the company has around 11,000 employees in RTP. The park hosts one of GlaxoSmithKline's (is a United Kingdom-based pharmaceutical, biological, and healthcare company) largest R&D centers with approximately 5,000 employees.” (According to Wikipedia)

The list of all the companies in the research Tingle are list in the web site:

http://www.answers.com/topic/research-triangle-park

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