North Carolina: Corporations

Fortune 1000 Rankings (2011) 
Company Rank Revenue (USD Millions) City
Bank of America Corp. 9 $134,194 Charlotte
Lowe's 50 $48,815 Mooresville
Nucor 157 $15,845 Charlotte
Duke Energy 173 $14,272 Charlotte
BB&T Corp. 220 $11,072 Winston-Salem
Progress Energy 240 $10,190 Raleigh
Reynolds American 284 $8,551 Winston-Salem
Family Dollar Stores 302 $7,867 Matthews
VF 310 $7,703 Greensboro
Goodrich 337 $6,967 Charlotte
Sonic Automotive 339 $6,936 Charlotte
Pantry 363 $6,368 Cary
Laboratory Corp. of America 447 $5,004 Burlington
SPX 460 $4,893 Charlotte
Ruddick 498 $4,401 Charlotte
Hanesbrands 505 $4,327 Winston-Salem
Lorillard 532 $4,053 Greensboro
Belk 593 $3,513 Charlotte
Ingles Markets 610 $3,390 Black Mountain
Babcock & Wilcox 710 $2,689 Charlotte
Carlisle 731 $2,601 Charlotte
American Tire Distributors Holdings 757 $2,460 Huntersville
Alliance One International 795 $2,308 Morrisville
Martin Marietta Materials 947 $1,783 Raleigh

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Largest Private Companies (2011) 
Company Rank Revenue (USD Millions) City
MBM 53 $6,300 Rocky Mount
Belk 112 $3,510 Charlotte
Ales Lee 128 $3,100 Hickory
Quintiles 137 $3,000 Durham
General Parts 147 $2,870 Raleigh
American Tire Distributors Holdings 175 $2,460 Huntersville
SAS 180 $2,430 Cary

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Tax Rate (2012) 
Corporate Marginal Income Tax Rate 6.9%
*Additional surcharge of 3.0% of total liability
Individual Income Tax Rate 6.0% > $0
7.0% > $12,750
7.75% > $60,000
Sales Tax Rate 4.75%
Business Tax Climate Index Rankings (2011) 
Business Tax Climate Index 41
Corporate Tax Index Rank 25
Individual Income Tax Index Rank 36
Sales Tax Index Rank 44
Unemployment Insurance Tax Index Rank 6
Property Tax Index Rank 33

Sources:
CNN Money (2011)
Tax Foundation (2011)

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