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Economy in High Point

Once synonymous with furniture, hosiery, and Hatteras yachts, High Point has diversified its economy as a center for distribution and logistics, customer service and banking, manufacturing, photography, and pharmaceuticals. The city has benefited from the nearby Dell manufacturing plant in Forsyth County. The planned FedEx air freight hub at the Piedmont Triad International Airport was a critical factor in the selection of High Point by Polo.com, the Internet retail site for Polo Ralph Lauren.

In 2005, High Point adopted “North Carolina’s International City™ ” as its official slogan. High Point had been using that slogan unofficially for several years.

The City considers itself “North Carolina’s International City™” since:

Many of foreign-based companies show their products here twice each year at High Point’s International Home Furnishings Market.

The International Home Furnishings Market brings to town approximately 14,000 foreign guests each year. Those visitors represent more than 110 countries.

The International Home Furnishing Market remains the centerpiece to High Point's economy. It is the largest, most well-known, and most important furnishings industry trade show in the world.

Approximately 12 million square feet of showroom space is used by 2300 exhibitors, in 188 separate buildings.

An average of 150,000 persons attend Market each year: manufacturers, exhibitors, retail buyers, sales representatives, interior designers, architects, exhibitor support personnel, suppliers, and news media.

Approximately 14,000 foreign visitors, from 110 countries, attend Market annually.

High Point’s Market – held every six months – is also the state’s largest economic event. Approximately 13,000 jobs are attributed to Market’s existence, and it contributes approximately $1.14 billion into the city, region, and state economies annually.

Over 70 Internationally based companies call High Point their home which earned High Point the title of “North Carolina’s International City”. Besides the International companies that are based in High Point, thousands of international visitors also visit High Point. . Twice a year over 10,000 business people from over 100 countries attend the High Point Market.

In 2006, High Points top employers were the High Point Regional Healthcare System, Bank of America, Thomas Built Buses, NCO Group, Inc, Tyco Electronics, Polo Ralph Lauren, Cornerstone Health Care, Aetna, Marsh Furniture Company and HDM Furniture Industries.