Cook Medical to Convert Former Cigarette Facility to Medical Device Manufacturing

Cook Medical to Convert Former Cigarette Facility to Medical Device Manufacturing

Winston-Salem, N.C. – Today, Cook Medical announced a letter of intent was signed with the Whitaker Park Development Authority Inc. to acquire a long-standing facility at Winston-Salem’s Whitaker Park. A portion of the R.J. Reynolds building will transform into a modern, world-class medical device manufacturing facility.

“To turn part of the R.J. Reynolds building into a life-saving and life-changing medical device manufacturing facility is an exciting transformation,” said Barry Slowey, president of Cook Medical’s Winston-Salem facility. “We’re proud to reinvest in the community, the history and the local economy.”

Built in 1961, the 850,000 square-foot facility will be home to Cook Medical’s current workforce of more than 650 employees in Winston-Salem. Production at the facility ended in 2012. With a history of revitalizing once-vacant buildings, Cook plans to invest in the property so it will once again be an economic driver for the community.

“We need the new space to modernize and transform our operations and manufacturing that will continue providing innovative technologies to help treat patients around the world,” Slowey continued. “The flexibility that the R.J. Reynolds space provides will allow us to purpose build for efficiency in our production lines.”

The completion of the acquisition is subject to certain conditions, including inspections of the property and finalization of agreements with the City of Winston-Salem, Forsyth County and the state of North Carolina and is expected to occur in the third quarter of this calendar year.

About Cook Medical
Since 1963 Cook Medical has worked closely with clinicians to develop technologies that eliminate the need for open surgery. Today we are combining medical devices, biologic materials and cellular therapies to help the world’s healthcare systems deliver better outcomes more efficiently. We have always remained family owned so that we have the freedom to focus on what we care about: patients, our employees and our communities. Find out more at cookmedical.com

Forbes Names Winston-Salem Among Thriving Cities Amazon Should Consider

Forbes Names Winston-Salem Among Thriving Cities Amazon Should Consider

Since Amazon (NASDAQ: AMZN) announced plans to build a second headquarters, 238 bids from cities across North America, including four North Carolina regions, were submitted to attract the ecommerce retail giant.

On Thursday, Forbes published a list compiled by members of the Forbes Agency Council of 14 U.S. cities that make the most sense for Amazon’s HQ2. Winston-Salem ranks No. 11, after Newark and Salt Lake City.

Four Triad development agencies submitted a joint proposal in October called “Triad is Prime.”

Here’s what Robby Berthume, CEO of Bull & Beard, said about Winston-Salem:

“The city of arts and innovation has enjoyed a renaissance in recent years. Tobacco factories have been transformed. Hundreds of millions have been spent on Wake Forest Biotech Place and endless infrastructure projects. There’s an international airport. The cost of living is low, the labor pool is ready and there are around 30 colleges in a 30-mile radius. investment in biotechnology and infrastructure, an international airport and a low cost of living as reasons the city would be a stellar choice for HQ2.”

Detroit ranked No. 1 on the list, followed by Atlanta and Boston.

Click here for more from Forbes.

By   –  Data Reporter, Triad Business Journal

 

Winston-Salem City Council includes Whitaker Park in 2017 Economic Development Priorities

Winston-Salem City Council includes Whitaker Park in 2017 Economic Development Priorities

The Winston-Salem City Council announced that the redevelopment of Whitaker Park will be one of their main goals in 2017.  The council also discussed their plans to revise local  economic development incentives to give more weight to job creation.  

Read the Winston-Salem Journal’s full article here.

 

Reason To Believe Announces Opening at Whitaker Park

Reason To Believe Announces Opening at Whitaker Park

Reason To Believe Company (RTB), a manufacturer of innovative, technology-based solutions for the health of hair, skin and nails, announced today the opening of its key ingredient manufacturing facility in the newly renovated Whitaker Park development in Winston-Salem.  RTB is the first tenant to open as part of the revitalization of the former RJ Reynolds campus.

Learn more about this exciting announcement here.

Forsyth Technical Community College will introduce new engineering program, other courses

Forsyth Technical Community College will introduce new engineering program, other courses

Forsyth Technical Community College, the second largest school of its kind in the Triad, is introducing several new programs for the 2015-2016 academic year, including an associate degree in engineering. Learn more here.