North Carolina Economic Development Guide


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AROUND THE STATE LARGEST PUBLIC COMPANIES COMPANY HEADQUARTERS 6/30/12 MARKET VALUE (millions) BUSINESS CEO 1 Bank of America Corp. Charlotte Brian Moynihan 2 Lowe's Cos. Mooresville Robert A. Niblock $88,153.3 Financial services 33,466.0 Hardware stores 3 Duke Energy Corp. Charlotte James E. Rogers 30,856.7 Energy 4 Reynolds American Inc. Winston-Salem Daniel M.Delen 25,643.9 Cigarettes 5 BB&T Corp. Winston-Salem Kelly S. King 21,553.0 Financial services 6 Progress Energy Inc. 1 7 Lorillard Inc. Raleigh William D. Johnson 17,811.6 Energy Greensboro Murray S. Kessler 17,221.7 Cigarettes 8 Goodrich Corp.2 Charlotte Marshall O. Larsen 15,979.2 Aerospace and defense equipment 9 VF Corp. Greensboro Eric C. Wiseman 14,621.6 Apparel 10 Nucor Corp. Charlotte Daniel R. DiMicco 12,016.3 Steel 11 Red Hat Inc. Raleigh James M. Whitehurst 10,892.6 Software 12 Laboratory Corporation of America Holdings Burlington David P. King 8,964.6 Medical testing 13 Family Dollar Stores Inc. Matthews Howard R. Levine 7,760.6 Discount stores 14 Martin Marietta Materials Inc. Raleigh C. Howard Nye 3,605.9 Building materials 15 SPX Corp. Charlotte Christopher J. Kearney 3,308.7 Industrial equipment 16 Carlisle Corp. Charlotte David A. Roberts 3,293.8 Rubber and plastics 17 Salix Pharmaceuticals Ltd. Raleigh Carolyn J. Logan 3,160.8 Drugs 18 Cree Inc. Durham Charles M. Swoboda 2,981.6 Semiconductors 19 Tanger Factory Outlet Centers Inc. Greensboro Steven B. Tanger 2,969.2 Shopping centers 20 Babcock & Wilcox Co. Charlotte E. James Ferland 2,906.0 Power-generation systems 21 Hatteras Financial Corp. Winston-Salem Michael R. Hough 2,796.5 Real estate 22 Hanesbrands Inc. Winston-Salem Richard A. Noll 2,705.3 Apparel 23 The Fresh Market Inc. Greensboro Craig Carlock 2,577.4 Grocery stores 24 Highwoods Properties Inc. Raleigh Edward J. Fritsch 2,487.6 Real estate 25 Old Dominion Freight Line Inc. Thomasville David S. Congdon 2,486.7 Trucking 26 Piedmont Natural Gas Inc. Charlotte Thomas E. Skains 2,314.6 Energy 27 Harris Teeter Supermarkets Inc. Matthews Thomas W. Dickson 2,020.6 Grocery stores 28 Polypore International Inc. Charlotte Robert B. Toth 1,879.5 Filters 29 Snyder���s-Lance Inc. Charlotte David V. Singer 1,718.3 Snacks 30 First Citizens BancShares Inc. Raleigh Frank B. Holding Jr. 1,711.7 Financial services 31 RF Micro Devices Inc. Greensboro Robert A. Bruggeworth 1,182.1 Semiconductors 32 The Cato Corp. Charlotte John P. Derham Cato 891.8 Clothing stores 33 Enpro Industries Inc. Charlotte Stephen E. Macadam 769.2 Industrial equipment 34 Sonic Automotive Inc. Charlotte O. Bruton Smith 726.5 Car dealerships 35 Speedway Motorsports Inc. Concord O. Bruton Smith 701.1 Racetracks 36 Triangle Capital Corp. Raleigh Garland S. Tucker III 621.1 Financial services 37 Coca-Cola Bottling Co. Consolidated Charlotte J. Frank Harrison III 593.3 Soft drinks 38 Swisher Hygiene Inc. Charlotte Thomas Byrne 440.9 Cleaning products and services 39 Krispy Kreme Doughnuts Inc. Winston-Salem James H. Morgan 425.5 Doughnut shops 40 SciQuest Inc. Cary Stephen Wiehe 400.5 Software 41 Ingles Markets Inc. Asheville Robert P. Ingle II 388.9 Grocery stores 42 The Pantry Inc. Cary Dennis G. Hatchell 343.5 Convenience stores 43 Campus Crest Communities Inc. Charlotte Ted W. Rollins 322.9 Real estate 44 Alliance One International Inc. Morrisville Mark W. Kehaya 302.3 Tobacco distribution 45 FNB United Corp. Asheboro Brian E. Simpson 276.6 Financial services 46 Pike Electric Inc. Mount Airy J. Eric Pike 270.5 Electrical contracting 47 Uni��� Inc. Greensboro William L. Jasper 227.6 Textiles 48 Furiex Pharmaceuticals Inc. Morrisville June S. Almenoff 208.4 Drugs 49 Insteel Industries Inc. Mount Airy H.O. Woltz III 197.2 Steel wire 50 Cempra Inc. Greensboro Prabhavathi Fernandes 196.8 Drugs 1 merged with Duke Energy Corp. in July 2012 acquired by United Technologies Corp. in July 2012 2 80 North Carolina Economic Development Guide Compiled by Martha and Spencer Love School of Business, Elon University

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