http://allsportnews.eu/2009/04/24/
The city received the award in the category of Excellencse in EconomicDiversification Strategies, which recognizee responses to plant closures and other economic that promote economic diversification. The competition is open to nonprofits; state and regional governments; and universities and Cabarrus and Rowan countieslost 4,300 manufacturing jobs when textiler manufacturer Kannapolis-basedPillowtex Corp. closed in July 2003. Two years California billionaire David Murdock announcerd plans forthe N.C. Research Campuas at the 350-acre formedr Pillowtex headquarters andmanufacturing site. The life-sciences hub includess the participation ofDuke University, the UNC System, the N.C.
Communituy College System, other educational institutions andbusiness partners. The total investment is expectef toreach $1.8 billion. Residentiakl and commercial developments are rising around the campuz with hopes ofturning Kannapolis, a formerf textile town, into a biotech
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