Editing Cramerton, North Carolina (section)

==Business and industry==
The [[textile industry]] has long been central to Cramerton's economy, but [[globalization]] has caused many of the local plants to close and devastated the local economy. [[Burlington Industries]], which had operated the former Cramerton Mills, went bankrupt in 2001. Employers like Eagle Mountain Finishers and Lakewood Dyed Yarns (both subsidiaries of Joan Fabrics Corp.) were closed in 2006 and 2007.<ref>Thomas J. Monigan. [http://www.gastongazette.com/news/cramerton_8659___article.html/peoples_godley.html "Cramerton hopes to turn loss of industry into economic gain"] {{webarchive|url=https://web.archive.org/web/20090215063951/http://www.gastongazette.com/news/cramerton_8659___article.html/peoples_godley.html |date=February 15, 2009 }}, ''Gaston Gazette'', August 14, 2007. Retrieved on July 21, 2008.</ref> Textile companies Brookline Inc. and Wagner Knitting, Inc., have also been affected by the economic downturn. Syncot Fibers and Plastics, Inc., operates a facility in Cramerton specializing in the recycling of [[nylon]].

In the twenty-first century, like many nearby communities affected by the exit of many businesses in the textile industry, the town has seen some significant growth and revitalization in the years following the aftermath of the [[2008 financial crisis]]. As a suburb of the greater Gaston and Charlotte area, the town is within commuting distance for workers of businesses within other industries, such as financial and banking services, technology, travel and tourism, and retail.

Within Cramerton, especially in the Downtown district, there are a number of companies operating within the restaurant, coffee shop, retail, and recreational-related industries. The downtown area includes Cramerton's Centennial Park (which includes the Veteran's Memorial) and Goat Island Park (which is accessible by two foot bridges); these attractions are intended to bring visitors to the area that support the local businesses.

The Gaston Business Association and Montcross Area Chamber of Commerce are the major commerce associations of businesses representing Cramerton and other communities.<ref>[http://www.gastonchamber.com/ Gaston Business Association]</ref><ref>[http://www.montcrossareachamber.com/cramerton Montcross Area Chamber of Commerce | Cramerton, NC]</ref>