Greensboro, North Carolina serves as a financial, retail and business hub for the region. Manufacturing is a major economic component. Industries such as furniture, textiles and tobacco have important roles in Greensboro's economy. Wholesale trade and the finance and insurance industries are also important to the economy.
Jobs are also provided by electronics companies such as AMP Inc., Analog Devices and RF Micro Devices. Workers are also employed in industries making products such as textiles, apparel, tobacco products, furniture, chemicals and electronic equipment. In addition, Proctor & Gamble makes numerous products in Greensboro.
Prominent companies headquartered in Greensboro include VF Corporation, International Textile Group, Lorillard Tobacco Company, Honda Aircraft Company, Mack Trucks, New Bridge Bank and Biscuitville. Foreign companies are also providing jobs in Greensboro such as Fuji Foods of Japan, Switzerland's Novartis, Sweden's Volvo Truck Corp., and Japan's Konica Manufacturing USA, Inc.
The following is a list of the major employers in Greensboro, North Carolina:
- Guliford County Public Schools
- Moses H. Cone Health System & Affiliates
- U.S. Postal Service
- Guliford County
- American Express
- City of Greensboro
- Volvo Trucks North America
- Bank of America, N A
- United Parcel Service
- Lorillard Tobacco
- Coca-Cola Bottling Co
- Columbia Forest Products
- Cone Mills Corporation
- International Textile Group
- Koury Corporation
- Mid-Atlantic Freight
- No Nonsense
- The Fresh Market Inc
- Unifi, Inc
The top nonagricultural job providing sectors:
- Trade, transportation and utilities
- Professional and business services
- Education and health services
- Leisure and hospitality
- Financial activities
Noteworthy information about Greensboro, North Carolina: For the population 25 years of age and older, 34% have achieved a bachelor's degree or better. In 2007 the estimated median household income in the city was $40,000. In 2008 the cost of living index was at 84.5 (national average: 100).
Businesses located in Greensboro, North Carolina may obtain information and assistance from organizations such as:
- Greensboro Chamber of Commerce
- Greensboro Economic Development Alliance
- North Carolina Economic Developers Association, Inc
- Manufacturers and Chemical Industry Council of North Carolina
The News-Record.com is a good resource for staying current with the local business community.