Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Photo Galleries
This Indian university cranks out top-tier tech execs Many graduates from the Indian Institute of Technology have gone on to start and lead global tech companies. Here are a few of the most notable alums. More
Most valuable American car up for auction Carroll Shelby's own very first Shelby Cobra will be sold in August. It's almost certain to be the most valuable American car ever sold. More
Kilts business wants to end "tyranny of trousers" for men Utilikilts founder Steven Villegas wants utility kilts to replace pants as mainstream menswear. More
Special Offer
5 of 6
BACK NEXT
Durham, N.C.
Durham, N.C.
Once a robust tobacco town, Durham's economic outlook began to decline as people started smoking less. At the height of its popularity in 1947, local companies produced 50 million pounds of tobacco; in 1986, the number decreased to just 4 million.

To fill the void, the city, along with its neighbors Raleigh and Chapel Hill, established Research Triangle Park, a commercial complex that now houses more than 130 tech and healthcare businesses. Nearby universities share resources and provide a highly educated workforce. Downtown Durham boasts a growing entertainment district. The historic American Tobacco factory, which closed in 1987, has been converted into luxury housing, restaurants, and retail stores, sandwiched between a new performing arts center and the Durham Bulls Athletic Park.

NEXT: Winston-Salem, N.C.

Last updated March 26 2008: 3:40 PM ET