Business North Carolina's TOP 125 PRIVATE COMPANIES.
$2 billion or more in revenue
(latest fiscal year)
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Hendrick Motorsports
Charlotte
Automotive dealerships
2018 rank: N/A
CEO: Ed Brown III
Employees: 10,700
Rick Hendrick, who turned 70 in July, can celebrate a career creating the state's largest privately held company based on revenue. He broke into the auto industry at 23 as general manager of a used car lot in Raleigh owned by one of the Triangle's largest car dealers, Mike Leith. He purchased his first dealership, a Chevrolet franchise in Bennettsville, S.C., in 1976, then expanded rapidly in the '80s and '90s, aided from 1993-99 by a now-dissolved partnership with New York-based private equity group Warburg Pincus LR Today, his Hendrick Automotive Group operates more than 140 retail franchises and collision centers across 14 states and is the nation's largest privately held dealership group, according to Automotive News. Hendrick is probably better known for his motorsports business, which ranks second on NASCAR's all-time top-level victories list behind Richard Petty Motorsports. Former senior Bank of America executive Ed Brown has been Hendrick Automotive's CEO since 2011.
2 American Tire Distributors
Huntersville
Tire distribution service
2018 rank: N/A
CEO: Stuart Schuette
Employees: 4,500 *
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Belk Inc.
Charlotte
Department store chain
2018 rank: N/A
CEO: Lisa Harper
Employees: 25,000
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SAS Institute Inc.
Cary
Software developer
2018 rank: 1
CEO: Jim Goodnight
Employees: 13,946
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Transportation Insight LLC
Hickory
Logistics consultant
2018 rank: 2
CEO: Rennie Faulkner
Employees: 500
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Alex Lee Inc.
Hickory
Wholesale and retail grocer
2018 rank: N/A
CEO: Brian George
Employees: 9,460
$1 billion to $2 billion
(latest fiscal year)
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Parkdale Inc.
Gastonia
Textile company
2018 rank: N/A
CEO: Anderson Warlick
Employees: 5,000
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Flow Automotive Cos.
Winston-Salem
Automotive dealerships
2018 rank: N/A
CEO: Don Flow
Employees: 1,800 *
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National Gypsum Co.
Charlotte
Manufacturer of wallboard products
2018 rank: 3
CEO: Tom Nelson
Employees: 2,500 *
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Pike Corp.
Mount Airy
Construction and engineering services for electric utilities
2018 rank: 4
CEO: J. Eric Pike
Employees: 1,300 *
11 AmWINS Group Inc.
Charlotte
Wholesale insurance distributor
2018 rank: 5
CEO: Scott Purviance
Employees: 5,000
12 Farm Technologies Inc.
Charlotte
Manufacturer of metal components
2018 rank: 6
CEO: Simon Newman
Employees: 9,500
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LORD Corp.
Cary
Manufacturer of adhesives, coatings and motion controls
2018 rank: NA
CEO: Ed Auslander
Employees: 3,100
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Leith Inc.
Raleigh
Car dealerships
2018 rank: N/A
COO: Danny Williams
Employees: 1,800
15 Goldsboro Milling Co.
Goldsboro
Grain, poultry and pork production
2018 Rank: N/A
CEO: H.G. Maxwell III
Employees: 1,000 *
The Maxwells have been among eastern North Carolina's most influential farming families since Hugh Gillespie Maxwell Jr. started selling livestock feed in 1916. The family-owned company still sells lots of feed, but Goldsboro Milling's key business now is a 50% stake in the Butterball turkey brand, which posted annual sales of $1.6 billion in 2018. Garner-based Butterball LLC has a complex corporate history, but the 5,500-employee business is now a joint venture between the Maxwells and Merriam, Kan.-based Seaboard Corp., a public company. (Butterball has posted net losses of $38 million over the last two years, Seaboard filings show.) Goldsboro Milling is also one of the nation's 10 biggest pork producers, raises blueberries on 700 acres in Bladen County and owns farmland.
$500 million to $999 million
(latest fiscal year)
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Market America Inc.
Greensboro
Product brokerage and digital marketer
2018 rank: 8
CEO: JR Ridinger
Employees: 832
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Steelfab Inc.
Charlotte
Dealer of construction and industrial equipment
2018 rank: 9
CEO: Ed Weisiger Jr.
Employees: 1,549
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Steelfab Inc.
Charlotte
Steel fabricator
2018 rank: 12
CEO: Glenn Sherrill
Employees: 1,24
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Concord Hospitality Enterprises Co.
Raleigh
Hotel management and development
2018 rank: 14
CEO: Mark G. Laport
Employees: 4,578
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Krispy Kreme Doughnut Corp.
Winston-Salem
Doughnut shop chain
2018 rank: N/A
CEO: Michael J. Tattersfield
Employees: 5,200 *
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ACN Opportunity LLC
Concord
Telecommunications service provider
2018 rank: N/A
CEO: Greg Provenzano
Employees: 350 *
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Variety Wholesalers Inc.
Henderson
Discount retailer
2018 rank: N/A
CEO: Art Pope
Employees: 6,000 *
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Glen Raven Inc.
Glen Raven
Specialty fabric maker
2018 rank: N/A
CEO: Leib Oehmig
Employees: 3,000 *
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Charlotte Pipe and Foundry Co.
Charlotte
Pipe manufacturer and supplier
2018 rank: N/A
CEO: Roddey Dowd
Employees: 750 *
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Prestage Farms Inc.
Clinton
Pork and poultry production
2018 rank: N/A
CEO: Bill Prestage
Employees: 2,000 *
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Barnhill Contracting Co.
Rocky Mount
General contractor
2018 rank: 11
CEO: Robert E. Barnhill
Employees: 1,150
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Gregory Poole Equipment Co.
Raleigh
Dealer of construction and other equipment
2018 rank: 15
CEO: J. Gregory Poole III
Employees: 1,305
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Sampson-Bladen Oil Co.
Clinton
Wholesaler, retailer and distributor of petroleum products
2018 rank: 21
CEO: Haddon M. Clark III
Employees: 1,083
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Window World of Northwestern North Carolina
Wilkesboro
Window installation service
2018 rank: N/A
CEO: Tammy Whitworth
Employees: 750 *
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Shurtape Technologies LLC
Hickory
Manufacturer of adhesive tape, consumer goods and office supplies
2018 rank: NA
CEO: Stephen Shuford
Employees: 1,000 *
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Ennis-Flint Inc.
Greensboro
Manufacturer of pavement markings and traffic products
2018 rank: 13
CEO: Matt Soule
Employees: 1,500
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Adams Beverages of NC LLC
Charlotte
Beer distributor
2018 rank: N/A
CEO: Clay Adams
Employees: 700 *
33 Southco Distributing Co.
Goldsboro
Convenience-store supplier
2018 rank: 16
CEO: Sherwin Herring
Employees: 205
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Atlantic Packaging Co.
Wilmington
Distributor of industrial packaging materials and paper converter
2018 rank: 20
CEO: Russell "Rusty" M. Carter
Employees: 1,260
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National Coatings & Supplies Inc.
Raleigh
Paint distributor for collision-repair shops
2018 rank: 17
CEO: H. Dean Worley
Employees: 1,524
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Clancy & Theys Construction Co.
Raleigh
General contractor
2018 rank: 19
CEO: Tim Clancy
Employees: 335
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Renfro Corp.
Mount Airy
Sock manufacturer
2018 rank: 22
CEO: Stan Jewell
Employees: 4,000
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The Cook 8 Boardman Group LLC
Winston-Salem
Distributor of architectural doors, frames, door hardware and related building products
2018 rank: N/A
CEO: Darrin Anderson
Employees: 1,300
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CaptiveAire Systems Inc.
Raleigh
Manufacturer of kitchen-ventilation equipment
2018 rank: 24
CEO: Robert L. Luddy
Employees: 1,340
$250 million to $499 million
(latest fiscal year)
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Flexential Corp.
Charlotte
Data-center operator
2018 rank: 31
CEO: Chris Downie
Employees: 930
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Snider Fleet Solutions
Greensboro
Tire distributor and service provider
2018 rank: 28
CEO: John K. Snider
Employees: 1,397
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ECMD Inc.
North Wilkesboro
Manufacturer and distributor of millwork products
2018 rank: 36
CEO: Todd Meade
Employees: 875
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Rodgers Builders Inc.
Charlotte
General contractor
2018 rank: 25
CEO: Patricia Rodgers
Employees: 309
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Strata Solar LLC
Chapel Hill
Solar developer
2018 rank: 27
CEO: Markus Wilhelm
Employees: 393
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James R. Vannoy & Sons Construction Co.
Jefferson
General contractor
2018 rank: 18
CEO: Eddie Vannoy
Employees: 320
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Boddie-Noell Enterprises Inc.
Rocky Mount
Hardee's franchise operator
2018 rank: N/A
CEO: Bill Boddie
Carleton Noell and his two nephews. Mayo and Nick Boddie, opened one of the nation's first Hardee's franchises in 1962, two years after Wilber Hardee started his hamburger business in Greenville. By 1974, the family had 100 units of the fast-food chain and it now has more than 340, making it the largest franchisee of Hardee's, which is a unit of Franklin, Tenn.-based CKE Restaurants Inc. The family diversified into other businesses over the years, including the BNE Land & Development unit that specializes in commercial land ventures and resort property development. The group also owns Rose Hill, the Boddie family manor for weddings and other events; a cattle farm; and The Highway Diner, a 1950s-themed restaurant in Rocky Mount.
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Pharr Yarns LLC
McAdenville
Yarn and carpet manufacturer
2018 rank: 26
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