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Table X

Page 1 of 2

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-