Texas finally has unseated North Carolina as the state with the "top business climate," according to the latest executive survey conducted by Site Selection magazine.

North Carolina had held the top spot in the magazine's rankings for six straight years.

Executives lauded Texas for, among other things: Being a right-to-work state, no state income tax, fewer regulations, incentives programs, the state's willingness to challenge OHSA and the Environmental Protection Agency, and the available workforce.

Rounding out the top ten were: Georgia, Florida, Tennessee, Virginia, South Carolina, Ohio, Indiana and Alabama.

For more on the rankings go here.