On Tuesday, April 8th, North Carolina’s governor Pat McCrory was in Charlotte meeting with local leaders. Thomas Hsiao, President of SuperGreen Solutions of the Charlotte Mid-Atlantic Region, was one of those who had a chance to get the governor’s views on current events.
Governor McCrory shared that as of that morning, North Carolina retained its “AAA” rating by all three agencies, the highest credit rating available to state governments. Keys to that top rating includes a low debt burden, strong debt management practices, an improving economy, and one of the strongest pension funds in the nation.
“It’s great news that North Carolina has retained its ‘AAA’ credit rating,” said Governor McCrory. “Our attention to efficient spending practices, cash flow and low debt continue to prove that the state is financially stable. Our prudent and effective financial practices continue to provide a strong signal to companies thinking of relocating to North Carolina or those thinking of expanding.”
Hsiao added, “The triple A rating is a prime example of why we chose the state of North Carolina for our new regional office. Our company’s efforts to help small business owners, as well as home owners, in this region to bring LED lightbulbs and rooftop solar PV panels within reach is greatly helped by having a fiscally minded state government.”