Research Triangle Park - Overview

Overview

It is one of the most prominent high-tech research and development centers in the United States. It was created in 1959 by state and local governments, nearby universities, and local business interests. Karl Robbins bought the land where the park is now built. The park is 7,000 acres (2,833 ha) situated in a pine forest with approximately 630 acres (255 ha) for development. The park is adjacent to Interstate 40 and the Durham Freeway. It is managed by the Research Triangle Foundation, a private non-profit organization.

The park is home to the second largest IBM operation in the world, dwarfed only by the one in India; the company has around 11,000 employees in RTP. The park hosts one of GlaxoSmithKline's largest R&D centers with approximately 5,000 employees.

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