Winston-Salem/ Forsyth County Economic Development News
Take a closer look at a prime site in Winston-Salem

Take a closer look at a prime site in Winston-Salem

(Before someone else snatches it up.)

A new site is ready for development in Winston-Salem, Forsyth County. And it may not stay undeveloped for long. Here’s why.

The 99.4-acre site, owned by WSBI and located at 3200 Temple School Road, is more than a diamond in the rough. Nearby Union Cross Business Park is nearly filled—an industrial park developed by WSBI that is home to manufacturing, distribution and corporate facilities. Other adjacent facilities are up and running as well, including a Caterpillar manufacturing operation and the soon-to-open Herbalife manufacturing and distribution hub. This means the site is already well connected with high-capacity utilities and convenient access to a major interstate.

winston-salem business site

Plus, the site is certified “ready for immediate development” by the North Carolina Certified Sites program.

In other words, the hard part is already done.

The site is ideal for advanced manufacturers, data centers or logistics operations looking for a prime opportunity to build. The acreage is large enough to accommodate up to a 1-million square-foot facility or several smaller facilities.

Add in the fact that Winston-Salem, Forsyth County is an outstanding place for business* and you have a site that is ready to take one fortunate (and fast-moving) company to the next level.

 

* We’ve written extensively about what makes Winston-Salem, Forsyth County an ideal location for business. Read more about our quality workforce, worker training and other attributes at our WSBI website

 

What’s the biggest surprise in Winston-Salem? Part 3

What’s the biggest surprise in Winston-Salem? Part 3

 

 

 

Winston-Salem Skyline

The last of 3 articles discussing our community’s most pleasant surprises.

For this final entry in the “three most pleasant surprises” series, I was inspired by a recent walk through Downtown Winston-Salem. As I passed our local Arts Council offices, the first Arts Council in the nation, I tried to think of what other organizations, companies, brands or innovations started here. I knew there were quite a few, but I did not know that early autumn stroll would yield such a surprisingly long list.

The area is well known for its heyday as a corporate and manufacturing center for tobacco and textiles industries. R.J. Reynolds Tobacco Company revolutionized production techniques that transformed the industry. The Hanes family name long ago achieved megabrand status worldwide for quality and value. Both companies spawned brands that became (and many still are) household names.

But when you look beyond those two industry giants, you find other brands, companies and technologies that have worked their way into daily life in markets around the world.

Take Krispy Kreme, for example. In 1937, long before Manhattanites lined up around the block for “hot doughnuts now,” Vernon Rudolph punched a hole in the wall of his doughnut bakery to sell fresh, hot, glazed Krispy Kremes to passersby.

A colleague working in Winston-Salem once went on a business trip to Dallas and brought back a bottle of Texas Pete thinking he had snagged an authentic Lone Star State souvenir—only to find that the iconic hot sauce is, and always has been, made right here in the Twin City by Garner Foods.

As for breakthroughs in technology, especially in life science, see the Wake Forest Institute for Regenerative Medicine where laboratory-grown tissue and organs are developed for use in organ transplants and other therapies for humans.

Forsyth Technical Community College continues to lead the way in revolutionizing workforce training for biotechnology, nanotechnology and advanced manufacturing industries.

While the examples above may grab more headlines, Inmar Inc., which began here in 1980 as a coupon company, has become a superstar among any business relying on retail or online transactions. This growing Winston-Salem company now processes a digital coupon every second of every day.

There are more brands, companies and innovative “firsts”—too many to list here, in fact—that started in or around Winston-Salem. Add all of the well-known companies coming into the area like Caterpillar and Herbalife or that have a significant presence like BB&T and Wells Fargo, and you end up with a list of businesses and institutions that never fails to surprise even the most knowledgeable local business leader or economic development professional.

Click these links to read parts 1 and 2 of this series.

What surprises you most about Winston-Salem?

Share your ideas here.

Herbalife chooses Winston-Salem for manufacturing and distribution hub

Herbalife chooses Winston-Salem for manufacturing and distribution hub

The North Carolina Governor’s Office released this press announcement earlier today:

 
Herbalife to Create 493 Jobs in Forsyth County
State Grants Assist Company with Locating Manufacturing Facility in Winston-Salem

 
RALEIGH – Gov. Bev Perdue announced today that Herbalife, a NYSE-listed company that manufactures and markets nutrition products, will establish a manufacturing facility in Winston-Salem. The company plans to create 493 jobs over the next three years and invest approximately $130 million in the purchase and complete retro-fitting of an existing facility, to include the machinery and technology to create a world-class manufacturing facility which is in full compliance with U.S. Good Manufacturing Practices (cGMPs) for dietary supplements and food products. The project was made possible in part by state grants from the Job Development Investment Grant and the One North Carolina Fund award.
(more…)

Industries that Love Winston-Salem, and Why: Part 4

Industries that Love Winston-Salem, and Why: Part 4

In economic development, individual regions tend to focus their efforts on specific industries. In this series of posts, we’re examining why several individual industries have focused their expansion efforts, ultimately, in Winston-Salem, Forsyth County. 

Financial Services

Mention the financial services industry in some circles and the reaction could be quite strong. Even in Winston-Salem we have endured the uncertainty associated with the struggles of a major banking institution. However, that uncertainty has only served to demonstrate the area’s steadfast presence in the industry. As the dust clears and optimism slowly gains, a quick look around the banking landscape reveals a thriving array of financial organizations.

How is this possible? What makes W-S such a positive environment for banking? Here are few possible reasons. (more…)