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!

Update: Cat effect building momentum

Supplier summit a key milestone

Much has been made about the effect that the Caterpillar advanced manufacturing facility could have on the local economy. One of the most important benefits resides in Caterpillar’s selection of area suppliers and vendors.

As construction moves along on the new facility, the Cat Supplier Summit (scheduled for June 3) is a critical milestone in realizing the deal’s full economic potential. The event is proof, not just of the company’s commitment, but of the broad-reaching benefits that are the result of close collaboration between business and community.

Education and training programs are coming together quickly via Forsyth Technical Community College, and we are close to seeing the first round of jobs coming into the area from Illinois. However, the expansion of related businesses around Caterpillar could turn the Cat win into an even bigger success story.

The Summit is a chance for local suppliers and vendors in a range of categories to learn what Caterpillar expects, what they look for in partners, and how local companies can rise to the top of the list.

The Summit also seems to be the beginning of an important phase for job seekers. According to an article in the  the Winston-Salem Journal, no jobs have been posted for the new facility in Winston-Salem. However, the article quotes Forsyth Technical Community College president, Gary Green, as saying that the college will begin assessing job seekers in June, with most initial openings at the facility being contract jobs.

More information about the Summit is available via the Winston-Salem Journal website.

Winston-Salem Ranks 4th in Nation for Cost-Effective Operation of Data Centers

A recent survey that ranks Winston-Salem fourth out of 45 metropolitan areas nationwide for cost-effective operation of data centers puts the city in prime position to capitalize on a booming industry.

With the world of secured data becoming progressively more digital, and with more corporations seeking cost-effective initiatives to build data security centers, Winston-Salem has a history of attracting such centers.  Corporations such as Lowe’s Cos., Data Chambers LLC, Wells Fargo, and other financial service institutions have located to Winston-Salem with building costs in excess of $150 million and employing more than one thousand.  The addition of these technology-sector jobs is tremendous for the city of Winston-Salem from a job-creation and business development standpoint.

John Boyd, Jr. of the Boyd Co. of Princeton, NJ who conducted the survey, spoke optimistically in an article in the Winston-Salem Journal about Winston-Salem continuing to increase its presence in this sector, saying, “You (Winston-Salem) also have available land, quality available work force, and an attractive higher-education system.”

Winston-Salem and Forsyth County are in a great position to grow this important sector in the near term.