It’s wonderful to have thriving, successful companies in your state. These companies provide jobs and a boost to the local economies of the cities they call home. But it’s also important to have reputable and trustworthy companies. That’s why the folks at Newsweek, in collaboration with market research company Statista, created their second annual list of the Most Trustworthy Companies In America. The 2023 list includes 700 U.S. Companies across 23 different industries. This is based on evaluations by U.S. customers, employees, and investors all of whom are necessary for businesses to gain the trust of. And of those 700 companies, there are 23 North Carolina companies named as the most trustworthy.

14 of these are located in Charlotte or the immediate surrounding area. The Triangle and Triad as well as Asehville are also represented. The 700 companies on this list came from a pool of 3,100. These were all U.S.-based companies that have revenues of over $500 million. Below you will find the 23 North Carolina companies that were named among the nation’s most trustworthy. You can view the full study, list, and analysis via Newsweek.

Does it matter to you if a company is trustworthy? For me personally, it is more important as a potential employee than as a consumer. In the latter scenario, I’m more apt to buy what fills my need at the right price. Though I know many many individuals to whom it makes a big difference.

  • Collins Aerospace

    Industry: Aerospace & Defense

    Industry Rank: 2

    City: Charlotte

    Company Type: Private

    Collins Aerospace is one of the world’s largest suppliers of aerospace and defense products.

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  • Lowes

    Industry: Appliances & Electronics

    Industry Rank: 2

    City: Mooresville

    Company Type: Public

    You’re surely familiar with home improvement giant Lowe’s which is headquartered right her in the Charlotte region.

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  • Advance Auto Parts

    Industry: Automotive & Comp

    Industry Rank: 4

    City: Raleigh

    Company Type: Public

    Advance Auto Parts is a leading automotive parts provider for professional installers and everyday customers. The chain operates stores across the US, Canada, Puerto Rico, and the US Virgin Islands.

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  • ATD

    Industry: Automotive & Components

    Industry Rank: 20

    City: Huntersville

    Company Type: Private

    ATD or American Tire Distributors is a wholesale tire distributor dedicated to getting you the product you need when you need it.

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  • Truist

    Industry: Banks

    Industry Rank: 10

    City: Charlotte

    Company Type: Public

    Truist is a financial services company born from the merger of BB&T and SunTrust. They offer a range of banking services including retail, commercial real estate, asset and wealth management.

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  • First Citizens Bank

    Industry: Banks

    Industry Rank: 20

    City: Raleigh

    Company Type: Public

    The North Carolina founded bank has been a part of the state for 125 years. They offer personal, commercial, small business, and wealth management services.

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  • JELD-WEN

    Industry: Construction

    Industry Rank: 6

    City: Charlotte

    Company Type: Public

    JELDWEN is the leading windows and doors company in the construction industry. The operate 120 manufacturing facilities in 19 different countries.

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  • Reynolds American

    Industry: Consumer Goods

    Industry Rank: 17

    City: Winston-Salem

    Company Type: Private

    Reynolds American is the second-largest tobacco company in the United States. It is the parent company for R. J. Reynolds Tobacco Company, American Snuff Company, Santa Fe Natural Tobacco Company, and Niconovum AB.

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  • Compass Group

    Industry: Food & Beverage

    Industry Rank: 25

    City: Charlotte

    Company Type: Private

    Compass Group is a food services company that provides 5.5 billion meals across 40 countries each year. The operate in 5 sectors- business & industry, healthcare & senior living, education, sports & leisure, and defense, offshore, & remote.

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  • Harris Teeter

    Industry: Grocery & Convenience Stores

    Industry Rank: 4

    City: Matthews

    Company Type: Private

    Supermarket chain Harris Teeter is based in NC and operates 258 stores in seven states and the District of Columbia.

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  • The Fresh Market

    Industry: Grocery & Convenience Stores

    Industry Rank: 10

    City: Greensboro

    Company Type: Private

    Another NC-based supermarket chain is the Europen Style grocer The Fresh Market. Founded in Greensboro in 1982 there are now 159 locations in 22 states.

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  • Ingles

    Industry: Grocery & Convenience Stores

    Industry Rank: 22

    City: Asheville

    Company Type: Public

    Ingles was founded by third-generation North Carolina grocer Robert Ingle in 1963.

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  • Premier

    Industry: Health Care & Life Sciences

    Industry Rank: 31

    City: Charlotte

    Company Type: Public

    Healthcare improvement company Premier often works with the Department of Health & Human Services. Premier’s service lines include group purchasing, technology, consulting, collaboratives, and advocacy.

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  • Brighthouse Financial, Inc.

    Industry: Insurances

    Industry Rank: 29

    City: Charlotte

    Company Type: Public

    Fortune 500 company Brighthouse Financial is one of the United States’ largest providers of annuities and life insurance.

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  • Ingersoll Rand

    Industry: Machines & Industrial Equipment

    Industry Rank: 27

    City: Davidson

    Company Type: Public

    You may not be as familiar with Ingersoll Rand as other companies on this list. Ingersoll Rand is an air and gas compressor manufacturing company based in Davidson, NC.

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  • Martin Marietta Materials

    Industry: Materials & Chemicals

    Industry Rank: 29

    City: Raleigh

    Company Type: Public

    Martin Marietta Materials is a member of the S&P 500 Index. They are suppliers of aggregates, cement, ready mix concrete, and asphalt among other materials. They have operations in 26 states, as well as Canada and the Caribbean.

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  • Sonic Automotive

    Industry: Retail

    Industry Rank: 24

    City: Charlotte

    Company Type: Public

    Sonic Automotive is a Fortune 500 company founded by Bruton Smith and the fifth-largest automotive retailer in the United States when measured by total revenues. They operate over 100 dealerships in 13 states of 25 different new car brands.

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  • Epic Games

    Industry: Software & Telecommunications

    Industry Rank: 5

    City: Cary

    Company Type: Private

    Video game and software developer and publisher Epic Games is based in Cary and responsible for popular games like Fortnite, Rocket League, and Unreal Engine.

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  • Honeywell

    Industry: Technology Hardware

    Industry Rank: 10

    City: Charlotte

    Company Type: Public

    Honeywell operates in the aerospace, building technologies, performance materials and technologies, and safety & productivity solutions spaces.

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  • Hanes

    Industry: Textiles, Clothing, & Luxury Goods

    Industry Rank: 13

    City: Winston-Salem

    Company Type: Public

    Hanes Brands manufactures some of the most well-known clothing labels including Champion, Maidenform, Hanes, Bali, and Playtex.

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  • Old Dominion Freight Line

    Industry: Transport, Logistics, & Packaging

    Industry Rank: 25

    City: Thomasville

    Company Type: Public

    Old Dominion Freight Line is an LTL Freight Shipping & Logistics Services shipping company.

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  • Krispy Kreme

    Industry: Travel, Dining, & Leisure

    Industry Rank: 2

    City: Charlotte

    Company Type: Public

    Krispy Kreme is none for their doughnuts, which are at their best when the Hot Now sign is on, and coffee.

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  • Extended Stay America

    Industry: Travel, Dining, & Leisure

    Industry Rank: 13

    City: Charlotte

    Company Type: Private

    Extended Stay America is a hospitality company with a focus on long-term stays.

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  • Methodology According to Newsweek

    Newsweek, in collaboration with market research partner Statista, recognizes the Most Trustworthy Companies in America in 23 industries according to U.S. residents’ evaluations.

    The Most Trustworthy Companies have been chosen based on a holistic approach to evaluating trust. The three main public touchpoints of trust have been considered: customer trust, investor trust, and employee trust.

    The analysis followed a 3-step process:

    1) Market definition: All companies headquartered in the US with a revenue over $500 million were considered in the study. Complementary to last year’s methodology, private companies were also eligible.

    2) Extensive survey: The basis of the analysis was an independent survey from a sample of about 25,000 U.S. residents, who rated companies they know in terms of all three touchpoints of trust. A total of 95,000 evaluations of companies were submitted. The field period ran from CW 45 to CW 48 2022.

    3) Social Listening: For each company that received a sufficient number of evaluations, a Social Listening analysis was conducted. This involved researching what was said about a company in various media segments of the internet and evaluating whether it was positive, neutral or negative. In total, over 270,000 mentions were gathered. Additionally, all companies that were involved in any recent scandals or lawsuits relevant to a dimension of trust were excluded from the analysis.

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