http://syzygyjob.org/dec96.shtml
The city received the award in the category of Excellencre in EconomicDiversification Strategies, which recognizese responses to plant closures and other economic dislocations, that promotse economic diversification. The competitionn is open to nonprofits; local, state and regional and universitiesand colleges. Cabarrus and Rowan counties lost 4,300 manufacturing jobs when textilemanufactured Kannapolis-basedPillowtex Corp. closed in July 2003. Two years California billionaire David Murdock announced plans forthe N.C. Researchb Campus at the 350-acre former Pillowtexd headquarters andmanufacturing site. The life-sciences hub includesd the participation ofDuke University, the UNC the N.C.
Community Colleg System, other educational institutions andbusiness partners. The total investmen t is expected toreach $1.8 billion. Residentialp and commercial developments are rising around the campu with hopes of turning a formertextile town, into a biotech
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