Chapel Hill and Carrboro are adjacent towns that function as the westernmost point of the Research Triangle. Anchored by leading technology firms, state government, world-class universities and medical centers, the Triangle economy has performed exceptionally well. In Chapel Hill, UNC Hospitals is comprised of the NC Memorial Hospital, NC Children's Hospital, NC Women's Hospital, NC Cancer Hospital (including the Lineberger Comprehensive Cancer Center), and the NC Neurosciences Hospital. These facilities are magnets for people with diverse needs from all over the world.
The region's high-technology community includes such companies as IBM, SAS Institute, Cisco Systems, NetApp, Red Hat, EMC Corporation and Credit Suisse First Boston. In addition to high-tech, the region is consistently ranked in the top three in the U.S. with concentration in life science companies. Some of these companies include GlaxoSmithKline, Biogen Idec, BASF, Merck & Co., Novo Nordisk, Novozymes, and Wyeth.
Research Triangle Park, UNC, Duke and North Carolina State University in Raleigh support innovation through R&D and technology transfer among the region's companies and research universities.