Editing Lexington, North Carolina (section)

==Business and industry==
In the twentieth century until the late 1990s, Lexington's economy was mainly based on textile and furniture manufacturing. Since then, most local manufacturers have moved their production facilities to [[Asia]] and [[Mexico]] as a way to reduce costs and remain competitive in a global market. This caused the closure of most textile and furniture factories and contributed to economic difficulties for a community that was heavily dependent on these two industries for employment. The Lexington industrial portfolio has since diversified.

In 2023, Siemens Mobility announced that Lexington will be the home of their new railcar manufacturing facility.<ref>{{Cite web |last=Vitale |first=Cat |date=2023-08-25 |title=Siemens Mobility breaks ground on its $220m North Carolina factory |url=https://www.railway-technology.com/news/siemens-mobility-breaks-ground-on-its-220m-north-carolina-factory/ |access-date=2024-05-11 |website=Railway Technology |language=en-US}}</ref> Siemens Mobility broke ground on the 220 acre facility in August, 2023 with construction estimated to be completed in Fall, 2024 with manufacturing to begin by October, 2024. This facility is going to manufacture railcar's as well as provide railcar and locomotive overhauling services on the east coast.<ref>{{Cite web |title=Investing in The Future of Rail in Lexington, North Carolina |url=https://www.mobility.siemens.com/us/en/company/locations/investing-in-the-future-of-rail-in-lexington-north-carolina.html |access-date=2024-05-11 |website=Siemens Mobility Global |language=en}}</ref>

Other large employers include:
*[[Halyard Health]]
*[[Jeld-Wen]]
*[[PPG Industries]]
*[[Vitacost]]
*[[Siemens Mobility]]