Koury Corporation is a family-owned business with a rich history. It was founded in 1926 by J. Fred Koury.
The company has been in operation for nearly a century, with a strong presence in the construction industry.
Koury Corporation's headquarters is located in Greensboro, North Carolina, where the company was founded.
Financial Information
Koury Corporation's annual revenue was $1 billion in 2025.
The company's financial performance has been steady over the years, with a significant revenue milestone reached in 2025.
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Industry and Classification
Koury Corporation is classified under various codes that help identify its industry and business type.
The NAICS code for Koury Corporation is 5311, which indicates its primary business is in the real estate industry.
It also falls under the broader category of 53, which encompasses real estate and rental and leasing services.
In addition to the NAICS codes, Koury Corporation is also classified under SIC codes, which provide an older system for categorizing industries.
The SIC codes for Koury Corporation are 651, indicating its involvement in real estate operators and lessors.
Koury Corporation is also associated with the broader SIC code 65, which covers real estate services.
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Employment Numbers
43 people are employed at Koury Corporation.
The Koury Corporation is a relatively small company, which is reflected in its employment numbers.
Koury Corporation is a notable example of a company with a limited workforce.
What is a NAICS Code?
A NAICS code is a unique six-digit number assigned to businesses by the North American Industry Classification System. It's used to classify businesses by type of economic activity.
NAICS codes are used by the US Census Bureau to collect data on businesses and the economy. They help the government understand the structure and performance of industries.
The NAICS code for Koury Corporation is 5311, 53111, 53, and 531. This indicates the company is involved in real estate and rental and leasing activities.
NAICS codes are not just numbers, they're a way to categorize businesses and understand their role in the economy.
Sic Code Meaning
The SIC code, or Standard Industrial Classification code, is a four-digit code used to classify industries and businesses.
It's a way to categorize companies based on their main activity or product.
Koury Corporation, for example, has SIC codes of 651, 65, and 15.
These codes give insight into the company's primary business function.
The SIC code is used for various purposes, including statistical analysis and market research.
Understanding SIC codes can be useful for businesses and researchers alike.
Investment and Holdings
Koury Corporation has a diverse range of investment and holdings, including real estate, hospitality, and retail properties.
The company's real estate holdings are extensive, with properties located throughout the United States.
These properties include office buildings, shopping centers, and hotels, generating significant revenue for the company.
One notable example is the company's ownership of the historic Hotel Raleigh in North Carolina.
The hotel has been fully renovated and is now a popular destination for tourists and business travelers alike.
Koury Corporation's retail holdings include a variety of high-end retail stores and restaurants, often located within their properties.
Their retail investments have been successful, with many of their stores and restaurants consistently ranking high in customer satisfaction.
Overall, Koury Corporation's investment and holdings strategy has been a key factor in the company's success and growth.
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Frequently Asked Questions
When was the Koury convention center built?
The Koury Convention Center was built in 1991, marking a significant expansion of the facility. This major renovation added substantial space for events and exhibitions.
How many people does the Koury Convention Center hold?
The Koury Convention Center can accommodate up to 6,000 people in its theater setup. Its spacious design allows for a large crowd to gather comfortably.
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