| Liberty Hardware
Expands in Winston-Salem |
 |
Liberty Hardware announced the
expansion of its operations in Winston-Salem after
reaching a lease agreement with Johnson Development
Associates for a 526,000-square-foot distribution center
in Union Cross Business Park. Combined with the
company's existing 690,000 sf headquarters and
distribution facility, Liberty Hardware will occupy over
1.2 million square feet of space at Union Cross Business
Park.
"We
are very pleased with the expansion announcement and
appreciate the significant investment Liberty Hardware
has chosen to make in Winston-Salem," said Winston-Salem
Business Inc. president Bob Leak. "This announcement
further validates our community as an excellent place
for logistics and distribution
operations."
The company has not announced
the number of new jobs the expansion will create but the
project is valued at approximately $22 million.
Spartanburg, S. C.-based Johnson Development Associates
has now developed approximately 1 million square feet of
industrial space in Union Cross Business
Park.
|
Quick
Notes
Twin
City is
International
Award Finalist
Winston-Salem is one of
seven international finalists for the 2008 Intelligent
Community of theear as determined by the Intelligent
Community Forum (ICF). Other finalists include
Westchester, N.Y.; Northeast Ohio; Dundee, Scotland; New
Brunswick, Canada; Seoul, S. Korea; and Tallinn,
Estonia.
The winner will be announced in New York
City in May. The ICF is a nonprofit think tank that
focuses on job creation and economic development in the
broadband economy.
NC Named "Top Business Climate
for 2007"
Site Selection magazine
has named North Carolina the state with the Top Business
Climate for 2007. The state has earned this distinct six
of the last seven years.
Among North Carolina's
strengths cited its pro-business policies in the areas
of tort and taxation, a vibrant existing talent base
backed by work-force development capabilities,
affordable land, and private- and public-sector
leadership.
Lawsuit Challenging Dell
Incentives Tossed Out
Working together,
local and state governments provided an attractive
incentives package that helped motivate Texas-based Dell
to build a computer-production factory in Forsyth County
in 2005. A lawsuit was filed shortly thereafter
challenging the legality of the incentives.
Last
fall, the N.C. Court of Appeals upheld the legality of
the incentives, saying the matter had been decided in
North Carolina's courts more than 10 years ago. On April
10, the N.C. Supreme Court dismissed the
appeal.
| | |
Hello! I hope you are having a
great start to 2008.
I wanted to call your
attention to the latest news for Winston-Salem Business
Inc. Beginning April 7 our new Web address will
be www.wsbusinessinc.com so please update your contact
information.
Our e-mail addresses are as
follows:
Bob Leak - rleak@wsbusinessinc.com
Jeff Garstka - jgarstka@wsbusinessinc.com
Kathleen Hess - khess@wsbusinessinc.com
Although our virtual location
has changed, we are striving to continue to provide top
notch customer service to our clients. If we can be of
assistance to you or your company please let us
know.
Sincerely,
Bob Leak, Jr.
President |
|
Manufacturing announced in
January that it has chosen Rural Hall in County for its
newest location. Ken Garner Manufacturing Inc. is North
America's leading supplier of counterweights for medium
sized hydraulic excavators and mobile cranes, and
supplies a number of major manufacturers in the Eastern
United States.
"We are excited that Ken
Garner Manufacturing has selected Forsyth County for its
expansion," said Winston-Salem Business Inc. president
Bob Leak, Jr. "This project is going to bring over 70
quality manufacturing jobs to the community and it will
revitalize a property that was previously
underutilized."
The Chattanooga, Tenn.-based
company will create over 70 new jobs and invest over $2
million in facility upgrades and equipment over the next
three years.
Company owner Ken Garner said
his company "considers a skilled and highly motivated
workforce to be absolutely essential to the success of
this expansion" and was one reason the company chose
Forsyth County and North
Carolina.
|
| WSBI Reports Successful
2007 |
During 2007
Winston-Salem Business Inc. announced the creation of
649 new jobs and $49 million in new capital investment
in Forsyth County. The companies represented are a
mixture of industrial and office projects and include CP
Morgan, Filligent, Solutience, Hanes Geo Components and
Better Outdoor Products.
In addition to the local
announcements, Winston-Salem Business Inc. worked with
its regional allies to recruit HondaJet and Skybus to
the Piedmont Triad International Airport.
"We
were involved in some interesting projects in 2007 and I
am pleased to say that the activity levels in the first
quarter of 2008 were very high across a variety of
industrial, biotech and office related inquiries," said
Bob Leak, Jr.
For information about locating your
business in Winston-Salem please visit www.wsbusinessinc.com
|
| Site Spotlight
|
Northridge
Business Park
· 62-acre
site
·
Excellent utility infrastructure
· Portion of site is
graded
·
Sale or build-to-suit
· Good highway access to
US 52 (I-74)
· $3 million for entire
site
Click here
for more information
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