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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Why Business Loves Winston-Salem

Why Business Loves Winston-Salem

By: Bob Leak, CEcD

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.

Data Centers

Back in 2010, a somewhat surprising accolade was bestowed upon Winston-Salem in a specific, highly competitive industry—data management. The city earned the number four spot out of 45 metropolitan areas nationwide for cost-effective operation of data centers in a survey by Boyd Co. of Princeton, NJ. But if you dig into the details a little, you find that Winston-Salem’s allure for the data industry actually makes perfect sense.

Solid foundation

Data management is one of those crossover industries that touch virtually every other sector. However, there are specific industries where data has been a vital part of daily business for quite some time. Two of those industries are financial services and healthcare. Think of the sophistication it takes to manage, process and protect individual banking transactions and patient medical data. When you consider Winston-Salem’s enduring history and thriving relationships with these industries,the data story seems like a natural fit for the area.

Smart workers

Companies across a wide range of industries have entered the area and ended up being overwhelmed by the quality of the workforce in Winston-Salem and the surrounding Triad. In many ways, the more technologically advanced their business is, the more impressed these company leaders are by the ability of area workers to get up to speed in a hurry. That’s a big deal for data centers where companies cannot afford any slip in performance or security.

Smart institutions

Naturally, the availability of a quality workforce suggests there is either something in the water that enhances the minds of area workers, or that there are institutions in place here that do an excellent job of training and retraining people. We’ve gone on elsewhere in this blog about the success of Forsyth Technical Community College, Wake Forest University, Winston-Salem Sate University and other area institutionsat developing area talent. So, we’ll just say that having these high-end institutions adds to the attraction for companies looking for new data center locations.

The ultimate proof of Winston-Salem’s value to the data management industry is in the companies that have established data centers here. Lowe’s Cos., Data Chambers LLC, Wells Fargo and other institutions have chosen to establish data centers in Winston-Salem. And more could be on the way.

As they say, the data doesn’t lie.

What other industries find Winston-Salem irresistible? More to come in Part 4.

Links to Part 1 and Part 2 in our series.

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.

 

 

 

Winston-Salem is Proud to Host the RiverRun International Film Festival

Winston-Salem is Proud to Host the RiverRun International Film Festival

The RiverRun International Film Festival is a regional event based in Winston-Salem, NC and is one of the premier film festivals in the southeastern United States. The 14th annual RiverRun will be held April 13–22, 2012.  This video provides a wonderful overview of the event:

 

Enjoy!

RiverRun – Sponsorship from RiverRun International Film Fest on Vimeo.