WSBI Annual Meeting speaker Mike Randle video interview available

WSBI Annual Meeting speaker Mike Randle video interview available

Mike Randle, publisher of Southern Business and Development magazine, recently spoke at the Winston-Salem Business Inc. Annual Meeting.  His perspective on economic development in the South was well-received by those in attendance and we were fortunate to be able to interview him for our blog.

We have made several video clips of our interview with Mike Randle available for viewing on our YouTube channel.  You can see all of them here.

In the segment below, Mike Randle discusses the growth in manufacturing jobs in the South:

[youtube http://www.youtube.com/watch?v=fzISKvFWD1A&w=640&h=360]

For more of our interview with Mike Randle, click this link.

Industries that Love Winston-Salem, and Why: Part 3

Industries that Love Winston-Salem, and Why: Part 3

Upon further analysis, the data suggests Winston-Salem.

 

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.

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Is American Manufacturing on Track for a Comeback?

Is American Manufacturing on Track for a Comeback?

We recently came across this article from Rich Smith of the Motley Fool posted at DailyFinance.com and wanted to share it with our readers.

The article points out that “there are signs far up the supply chain that suggest an emerging renaissance in U.S. manufacturing.” Give it a read when you can.

 

 

 

Industries that Love Winston-Salem, and Why: Part 2

Industries that Love Winston-Salem, and Why: Part 2

Advanced Manufacturing is building in Winston-Salem.

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

Advanced Manufacturing

Is it fair to say that manufacturing in the U.S. is making a huge comeback? Perhaps, especially when you look at the kinds of manufacturing facilities that are developing. The key word in all of this is “advanced.” And Winston-Salem, Forsyth County is drawing more attention lately from companies in this sector. What makes this area appealing to the Caterpillar’s of the world? Here are three ideas.

Access to Markets

Location almost always comes first. In advanced manufacturing, this is particularly important. The Southeast U.S. is experiencing a bit of a manufacturing Renaissance as companies realize the value of expanding in this region. Standing out within the Southeast can present a bit of a challenge. But here’s where Winston-Salem, Forsyth County scores high marks. It’s more than location. It’s the relatively easy access to other markets that puts the city on so many short lists. With excellent options for transportation and shipping, including a FedEx hub close by, much of the world’s markets are within reach. In fact, more than half the U.S. population lives within 600 miles of Winston-Salem.

Workforce Quality

Like much of the South, manufacturing runs deep in the area. The difference for many is the level of quality associated with our manufacturing tradition. Textiles and furniture industries may not be the staples they once were, but the skilled workforce that characterized those industries remains. Companies that choose Winston-Salem develop a quick appreciation for the dedication to craftsmanship that permeates the workforce.

Less Haste. More Speed.

Frenetic could never describe life in Winston-Salem. The easy-going nature of people here is disarming, to be sure, but make no mistake: business here moves with purpose and pace. As manufacturing processes continue to become more innovative and technical, company leaders continue to marvel at how quickly their operations can get up to speed in Winston-Salem. One executive visiting Forsyth Technical Community College (FTCC) was shocked (and delighted) to find that the framework for training their workers was mapped out before he had finished his campus tour.

Other qualities come into play, of course, for individual companies. But when you combine workforce quality with easy access to major markets, then get operations up and running to a high standard on time or ahead of schedule — you end up with a formula for attracting the attention of advanced manufacturing companies around the world.

What other industries are looking our way? We’ll continue in Part 3.

Caterpillar Opens In Forsyth County

Caterpillar Opens In Forsyth County

On November 16, the new $426 million Caterpillar advanced manufacturing facility opened in Forsyth County, North Carolina.

From WFMY2 Winston-Salem

WFMY News2

We’ve collected some of the news stories of the grand opening event in the links below:

Enjoy!