The United States has a long history of fostering entrepreneurship, and North Carolina is no exception. The state is home to many large corporations, as well as LLCs, partnerships, and sole proprietorships. This article will focus on the biggest businesses in North Carolina. In 2020, Bank of America Corporation was the highest ranked company in the state, followed by Lowe's and Duke Energy.
Organizations such as the North Carolina Technology Association and the North Carolina Biotechnology Center are helping to drive innovation and connect the workforce with employers. Universities in the state are also leading research into unmanned aerial vehicles and aerospace engineering. The plastics and chemicals industry is well-represented in North Carolina, with companies such as DuPont, Dow, and PPG. There are also many family food brands doing business in the state, such as Olive.
The furniture industry is also thriving in North Carolina, with 3,000 stores and more than 35,000 employees. Major technology players such as Google, Cisco, and SAS have also made their presence known in the state. North Carolina has the second fastest growing IT industry in the US, according to the Department of Commerce. If you're looking to start a business in North Carolina, you can fill out a form on the Department of Commerce website and someone from their business development team will contact you right away.