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High Point Economic Development Corporation

Largest Taxpayers

 

High Point's 20 largest taxpayers — which pay 13.13% of all city property taxes — represent a diverse group of industry sectors. Their property is collectively valued at $1.18 billion, and they will pay $7.5 million in taxes to the City of High Point in the current fiscal year. 

 

Ranking   Company / organization 

Total Valuation

   Nature of Operation  

1

  International Home Furnishings Center

$184,898,593

  home furnishings showroom  

2

  Merchandise Mart Properties
      [combining Market Square,
      Suites at Market Square,
      Plaza Suites, National Furniture
      Mart, Hamilton Market, et al.]

$140,010,182

  home furnishings showroom  

3

  Liberty Property Trust

$116,508,630

  real estate: office /
industrial parks
 

4

  High Point Showplace Investors IV, LLC
      [combining Showplace,
      Showplace West, 200 &
      330 N. Hamilton St.]

$70,972,153

  home furnishings showroom  

5

  TE Connectivity
     (Tyco Electronics)

$64,466,054

  electronics manufacturing / distribution Flag of Switzerland

6

  North State Communications

$59,587,894

  communications utility  

7

  CBL and Associates Properties
      [combining parts of Oak Hollow
      Mall & Oak Hollow Square]

$57,723,425

  real estate: retail  

8

  Ralph Lauren Corp.

$55,420,180

  distribution / customer service  

9

  Carolina Investment Properties
      [combining Kivett Drive Industrial
     Park, parts of Premier Center,
     Advanced Home Care, et al.]

$53,608,700

  real estate: office /
industrial parks
 

10

  Thomas Built Buses /
Daimler Trucks NA

$53,358,200

  bus manufacturing Flag of Germany

11

  Blue Ridge Companies
     [combining the Shoppes at Deep
      River, Palladium, Alexandria
      Apartments, et al.]

$50,057,907

  real estate:  retail /
multi-family housing
 

12

  First State Investors 3500 LLC
      [the Bank of America facility on
     Piedmont Parkway]

$40,469,400

  finance / customer service  

13

  Mannington Mills
     [includes Mannington Wood &
     Laminate Floors divisions]

$38,931,255

  flooring manufacturing / distribution  

14

  Banner Pharmacaps

$38,884,793

  pharmaceutical manufacturing Flag of the Netherlands

15

  Walmart

$29,329,087

  retail  

16

  Piedmont Natural Gas

$29,126,728

  natural gas utility  

17

  Kao Specialties Americas

$28,793,089

  chemical manufacturing Flag of Japan

18

  Maple Leaf Holdings
     (Palliser)

$27,091,800

  home furnishings showroom Flag of Canada

19

  Crowne Lake Associates

$23,670,443

  real estate:  multi-family housing  

20

  Duke Energy Corp.
      [apportionment amount from
      State of North Carolina]

$21,182,419

  electric utility  
Source:  City of High Point Financial Services Dept. & the Guilford County Tax Dept., December 2010