UNC-SA among ‘best values’ – The Business Journal of the Greater Triad Area

The Business Journal of the Greater Triad Area

Monday, January 4, 2010, 11:44am EST

UNC-School of the Arts is among the 100 Best Values in Public Colleges, as ranked by Kiplinger’s Personal Finance magazine in the February issue.

UNC-SA in Winston-Salem ranked at No. 61, and was among six University of North Carolina schools on the list including No. 1-ranked UNC-Chapel Hill.

Also on the list: N.C. State University at No. 10, Appalachian State at No. 22, UNC-Wilmington at No. 27 and UNC-Asheville at No. 44.

Kiplinger’s rankings are based on measures of academic quality compared to financial factors such as tuition, fees, financial aid and debt levels of graduates.

UNC-Chapel Hill has ranked first on the Kiplinger’s list every year since the magazine started the ranking in 1998. UNC-Greensboro has ranked among the top 100 several times in recent years, but is not on the 2009-2010 list.

Read about this on The Business Journal site

ATP World Tour Event Coming to Winston-Salem

Olympus US Open Series event relocated from New Haven, CT.

Tournament to be played at Wake Forest University.

WINSTON-SALEM, N.C., December 13, 2010 – The USTA and ATP World Tour today announced the sale of the ATP World Tour event previously located in New Haven, Conn. to Winston-Salem Professional Tennis. Beginning in August 2011, the 48-draw tournament will take place in a to-be-constructed tennis facility on the campus of Wake Forest University.

The newly-designed state-of-the-art tennis facility will be constructed to host both professional and collegiate tennis events. The facility will be located between the current indoor tennis training center and BB&T Field, home of the Wake Forest Demon Deacon football team. Plans call for the construction of 10-12 Deco-Turf II courts, and will include center court seating with a minimum of 3,500 and two additional show courts which will hold at least 1,500 each.

“We are thrilled this prestigious event is coming to Winston-Salem, a community that has embraced tennis events over the past several years,” said Don Flow President of The Flow Companies and head of Winston-Salem Professional Tennis. “The entire community will embrace this event and the process has already begun with our corporate community stepping up, and with Wake Forest University being a major supporter of the event.”

“We are thrilled about the ATP’s new home at Wake Forest University, and thank Don Flow and Winston-Salem Professional Tennis for bringing men’s professional tennis back to North Carolina,” said ATP Executive Chairman and President Adam Helfant. “Globally, the game is enjoying one of the most exciting periods in its history, and it’s terrific that the tour will visit Winston-Salem as part of its U.S. summer swing.”

“We have worked with Don Flow for many years and know first hand his passion and commitment to the sport of tennis,” said Lucy S. Garvin, USTA Chairman of the Board and President. “The tournament will take place with tremendous local support, both within the Winston-Salem community and the USTA Southern Section, and with a national television and marketing platform courtesy of the Olympus US Open Series.”

“It is an honor for Wake Forest to serve as the host of the Winston-Salem Open,” said Wake Forest President Nathan O. Hatch. “The international attention garnered by the tournament will allow us to showcase Wake Forest’s unique character.”

“We are very excited to host the Winston-Salem Open at Wake Forest University, both for the opportunity it gives for our fans and the entire Winston-Salem community to experience an ATP tournament in their backyard, and for the improvements it will bring to our athletic facilities.” said Wake Forest athletic director Ron Wellman. “The world-class tennis complex that will be constructed will give our men’s and women’s tennis teams one of the best facilities in the Atlantic Coast Conference. It will perfectly compliment the recent renovations to BB&T Field and Wake Forest Baseball Park as part of our commitment to providing our fans with one of the best game day experiences in the country.”

“Winston-Salem is thrilled at the opportunity to host this tournament. The community has a rich tennis history and we have a long tradition of supporting tennis. It is great to see Wake Forest and the corporate community partnering in such an innovative way. The tournament will have a significant economic impact and it will help ensure that this is a great place to live in the future,” said Winston-Salem Mayor Allen Joines.

According to Flow, the entire Winston-Salem community has embraced the event. Local corporate partners who have signed as initial presenting sponsors of the tournament include BB&T Bank, Hanes Brands and the Flow Companies.

The event, with a total purse of $625,000, will take place from August 21-27, with qualifying set for August 19 and August 20. The tournament remains the final men’s event of the Olympus US Open Series, and will receive national television exposure via Tennis Channel and ESPN2. The 2011 singles final is expected to be carried by CBS Sports on Saturday, August 27. Launched in 2004, the Olympus US Open Series created a regular season for the sport of tennis in the U.S., and with a consistent television package, has doubled television viewership of the Series tournaments since its inception.

Source: Wake Forest University

Pepsi Chooses W-S for Call Center Expansion

Pepsi to expand W-S contact center as part of consolidation

Pepsi Beverages Co., will be expanding its Winston-Salem call center, adding a total of about 200 agent positions to the existing employee pool. North Carolina Governor Beverly Perdue visited today at the Winston-Salem offices of Pepsi to make the jobs announcement, which aides say will have a significant impact on the economic development of North Carolina’s Forsyth County.

Click here to read more of this article.

Caterpillar Inc. has chosen Winston-Salem for a significant manufacturing operation

July 30, 2010

Caterpillar Inc. has chosen Winston-Salem

Winston-Salem, NC – Gov. Beverly Perdue announced at a press conference today at Forsyth Technical Community College that Caterpillar Inc. has chosen Winston-Salem for a significant manufacturing operation. The announcement represents 392 full-time jobs with an average salary of more than $36,000 per year plus benefits. The capital investment in a new building and equipment is expected to reach $426 million. An additional 100-plus jobs are expected to be created by an on?site contractor inside the new facility.

Caterpillar plans to construct an 850,000 square foot facility on 100 acres at the corner of Union Cross Road and Temple School Road. The plant will primarily involve the production of Lower Power Train units for Caterpillar’s Large Mining Trucks.

“We are very excited that Caterpillar has chosen Winston?Salem and Forsyth County for this operation,”
said Winston-Salem Business Inc. president Bob Leak, Jr. “We have been working with the company and
their consultants for the past six months and applaud the efforts of everyone involved to make it a
success today. This is undoubtedly one of the largest economic development announcements in the
history of our community.”
Other local officials made the following statements regarding the announcement.

Winston-Salem Mayor Allen Joines:
“Winston-Salem is honored to be selected by Caterpillar as the site of this new manufacturing facility.
Caterpillar is a well respected, international company that will add much to the economic fabric of our
community. The economic impact of over 500 jobs and $426 million of investment is very significant in
the rebuilding of our economy, however equally important is the fact that this decision validates
Winston-Salem as a strong and attractive location for future economic development projects.”

Forsyth County Board of Commissioners Chair David Plyler:
“Caterpillar’s decision to invest and create jobs in our community affirms my long?time belief that
Forsyth County is business friendly in every way. This is truly a ‘wow’ announcement.”

Forsyth Technical Community College president Dr. Gary Green:
“As a partner with the entire Winston-Salem community, Forsyth Tech is committed to ensuring that
Caterpillar will have the highly skilled workforce it needs for success from day one. The College’s
certified programs in industrial technologies have been a key community asset since the Caterpillar’s
first visit to Winston-Salem.”

The Spartanburg, S.C. development company Johnson Development Associates, Inc. made available the
site of the future plant. Caterpillar was represented by CB Richard Ellis Consulting in Atlanta.

The announcement was made possible by a number of entities including Winston-Salem Business Inc.,
the City of Winston-Salem, Forsyth County, Forsyth Technical Community College, the Winston?Salem
Alliance, North Carolina Department of Commerce, the North Carolina Community College System and
Duke Energy.

For information about Winston-Salem Business Inc. visit www.wsbusinessinc.com

For information about Caterpillar Inc. visit www.cat.com

Winston-Salem Business Inc. is a private, non-profit economic development corporation dedicated to the
recruitment of new business to Winston?Salem and Forsyth County, North Carolina. Since its inception in
1987, WSBI has assisted in the creation of more than 13,000 new jobs and more than $1.4 billion in
capital investment in Winston-Salem/Forsyth County.

Download the press release pdf here.

Winston-Salem’s ISP Sports Acquired By IMG Worldwide

WXII Winston-Salem’s ISP Sports Acquired By IMG Worldwide Headquarters Will Remain In Winston-Salem

Click here to read more of this article from WXII12.

ISP Sports, a college media rights management company based in Winston-Salem, announced Wednesday that it will be acquired by IMG Worldwide, a global sports, entertainment and media company.

Financial details of the acquisition were not made public, but ISP said the newly merged group, named IMG College, will be headquartered in Winston-Salem.

No ISP employees will be losing their jobs, the company said, but around 25 new employees will be hired locally.

Winston-Salem Alan Joines said the new positions would be knowledge-based, good paying jobs.

“We’ve been moving hard to move our economy to one based on knowledge industries, and certainly this type of industry at ISP represents and brings the best of both worlds to our community,” said Joines, who has championed the effort to transform the local business landscape away from companies inclined to relocate oversees.

“It will also be terrific for the college sports fan as this combination provides a great opportunity for us to provide more, better and higher quality programming, as well as expanding the base of customers,” IMG CEO Ted Forstmann said. IMG is headquartered in New York City.

ISP Sports, founded in 1992, provides marketing, licensing and media services to many of the country’s most well-known college sports programs, such as Wake Forest, Georgia, Duke, South Carolina, Georgia Tech, Elon and Virginia Tech.

“I am very proud of the team and business we have built over nearly 20 years at ISP,” ISP founder and CEO Ben Sutton Jr. said. “We are excited about the potential for future growth as part of the incredible company Ted Forstmann and his team at IMG have developed over the past five years.”

Sutton, who earned an undergraduate degree and law degree at Wake Forest University, developed the idea for ISP Sports during his nine-year tenure as sports marketing director at the WFU.

“They have grown with Wake Forest, as well as many universities across the country,” WFU athletics director Rob Wellman said. “And they service all of us exceptionally well. We believe that this move is even going to brighten our future in terms of our multimedia rights.”