Economy
The Greensboro economy and the surrounding Piedmont Triad area, traditionally has been centered around textiles, tobacco, and furniture. Greensboro's central proximity in the state has made it a popular place for families and businesses, as well as becoming more of a logistical hub with FedEx having regional operations based in the city.
Notable companies headquartered in Greensboro include the Honda Aircraft Company, Lorillard Tobacco Company, Kayser-Roth, VF, Syngenta Crop Protection, Mack Trucks, Volvo Trucks of North America, RF Micro Devices, the International Textile Group, NewBridge Bank, The Fresh Market, Cook Out, Ham's, Biscuitville, Tripps, Gilbarco Veeder-Root, Daimler Buses and Columbia Forest Products. Greensboro is also a "center of operations" for the insurance company Lincoln Financial Group. Greensboro is also headquarters to the Atlantic Coast Conference. Although traditionally associated with the textile and tobacco industries, Greensboro leaders are working to attract new businesses in the nanotech, high-tech and transportation/logistics sectors. The University of North Carolina at Greensboro and North Carolina A&T State University opened a joint research park, Gateway University Research Park. O'Reilly Auto Parts has recently chosen Greensboro as a location for a large distribution center and expects to hire 400–500 more employees once it is fully open and functional.
Read more about this topic: Greensboro, North Carolina
Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)