North Carolina Overview Brochure
Largest manufacturing workforce in the Southeast & the lowest corporate income tax in the US. No wonder North Carolina is where businesses thrive.
Popular Searches
North Carolina is widely recognized as the furniture capital of the world. With more than 850 manufacturers, 2,000+ suppliers, a 2.25% corporate tax rate, and the largest furniture workforce in the US, the state has built a legacy of craftsmanship, innovation, and global reach. From iconic brands like Ashley and Sealy to the internationally renowned High Point Market, North Carolina continues to set the standard for furniture design, production, and trade.
North Carolina’s furniture industry consists of 850+ furniture manufacturers and 2,000+ suppliers in wood, steel, and metal products and textiles manufacturing. Our concentration of furniture manufacturing activity is nearly 4x the national average (Lightcast, 2025).
Getting top quality talent in the country’s largest furniture market doesn’t come at a hefty price. With a 2.25% corporate tax rate (0% by 2030) and competitive wage rates in a right-to-work state, our cost of doing business is hard to beat.
High Point Market is the largest furnishings industry trade show in the world, bringing more than 75,000 attendees to High Point twice a year. The market hosts more than 2,000 exhibitors, with more than 100 countries represented.
North Carolina’s legacy in furniture manufacturing has inspired many notable companies to set up shop or expand their operations in the state. Today, you’ll find household names like Ashley Furniture, Century, Vanguard, Sealy, and more.
In addition to having the lowest corporate income tax rate in the country, North Carolina North Carolina is home to 850+ furniture manufacturers and 2,000+ suppliers in wood, steel, and metal products and textiles manufacturing. The state also hosts High Point Market, the largest furnishings industry trade show in the world, bringing in more than 75,000 attendees each year.
The state partners with the North Carolina Community College to help businesses build and sustain a skilled workforce for specific industries, like furniture manufacturing. The program, NCEdge, offers companies workforce development strategies that align with their unique business needs and goals. NCEdge supports new, expanding, and existing businesses in North Carolina by providing flexible training solutions for up to three years, with costs covered by the state.
Need more help?
Largest manufacturing workforce in the Southeast & the lowest corporate income tax in the US. No wonder North Carolina is where businesses thrive.
Design Foundry will open a new furniture manufacturing facility in Catawba County, creating 202 new jobs...
Broad River Retail, an Ashley HomeStore licensee, will create 161 jobs as it locates a distribution...
Vanguard Furniture Company, Inc., a North Carolina furniture manufacturer, will add 100 new jobs in Burke...