Table X
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Principal Property Taxpayers
Fiscal Years Ended June 30, 2007-2016
Type of
Current
Taxable
Assessed
Percentage of
Total City
Taxable Assessed
Taxpayer
Business
Year's Tax
Rank
Rank
Value (a)
Lorillard Tobacco Company
Cigarette Manufacturing
2,053,113
$
324,602,826
$
1
1.26%
Proctor & Gamble Mfg. Co.
Chemicals
1,912,905
302,435,639
2
1.18
Koury Corporation
Real Estate Development
1,522,582
240,724,415
3
0.94
Duke Energy Corporation
Electric Utility
1,376,497
217,627,954
4
0.85
CBL, LLC
Real Estate Development
1,082,357
171,123,700
5
0.67
Lincoln National Life Insurance
Insurance
923,480
146,004,696
6
0.57
Highwoods/Forsyth Ltd.
Real Estate Development
827,556
130,838,838
7
0.51
GGP Four Seasons LLC
Real Estate Development
681,413
107,733,220
8
0.42
Qorvo (RF Micro Devices, Inc.)
Service Communications
679,910
107,495,695
9
0.42
TYCO Electronics (AMP, Inc.)
Electronics Manufacturing;
589,904
93,265,471
10
0.36
Colonial Pipeline Co.
Petroleum Carrier
562,234
88,890,728
11
0.35
Wal-Mart Stores Inc.
Retail
559,057
88,388,515
12
0.34
Koury Ventures LTD
Real Estate Development
499,730
79,008,680
13
0.31
BellSouth
Service Communications
432,627
68,399,553
14
0.27
Evonik Stockhausen, Inc.
Specialty Chemicals
418,851
66,221,554
15
0.26
Greensboro Auto Auction
Auction Company
389,479
61,577,780
16
0.24
VF (Wrangler)
Textile Manufacturing
376,558
59,534,842
17
0.23
Harris-Teeter
Food Distribution
365,785
57,831,580
18
0.23
Syngenta (Novartis, CIBA)
Research & Development
358,544
56,686,826
19
0.22
Bonset America Corporation
Manufacturing
331,360
52,388,912
20
0.20
URDT of North Carolina LLC
Real Estate Development
Totals
2,520,781,424
$
9.83%
(a) Total Fiscal Year 2016 Taxable Assessed Value is $25,670,533,471
(b) Total Fiscal Year 2007 Taxable Assessed Value was $22,054,637,868
Source: Guilford County Tax Department
2016
-183-