Category: Economic Development

Textile Manufacturer Polyvlies to Expand in Forsyth County 

A nonwoven textiles company with an existing location in Winston-Salem is announcing a local expansion. Polyvlies USA currently operates a textile manufacturing facility on Business Park Drive. To support growth in the North American market, the company has announced the purchase of a nearby greenfield site to facilitate a company expansion.   Polyvlies is a global… Read More »

State of the Economy with NC Governor Josh Stein

Greater Winston Salem Inc. was honored to host a sold-out crowd of over 650 of Winston-Salem and Forsyth County’s business and community leaders at the State of the Economy, proudly presented by Reynolds American Inc.! The room was energized as North Carolina Governor Josh Stein took the stage to share thoughtful insights on our state’s economic… Read More »

Spec Building Loan Program to Launch in Winston-Salem

GWSI to Work with City of Winston-Salem and Local Developers to Generate Industrial Development  As part of our efforts to expand economic development opportunities in Winston-Salem, Greater Winston-Salem Inc. has worked with the City of Winston-Salem to institute a Spec (Speculative) Building Loan Program.   Through this program approved by the Winston-Salem City Council, the… Read More »

Toyota Tsusho America Expands into Winston-Salem’s Whitaker Park

Toyota Tsusho America Inc. (TAI), a member of the Toyota Group, has purchased a property in Winston-Salem’s Whitaker Park. This investment follows Toyota’s announcement of a record-setting battery manufacturing plant in Liberty, NC. The Winston-Salem project is expected to generate 39 new jobs over five years, fostering further industrial growth and opportunities within the area.… Read More »

New Entertainment Destination The Grounds Coming to Winston-Salem’s Deacon Boulevard Area 

Carter and Front Street Capital, in partnership with the City of Winston-Salem and Wake Forest University, announce The Grounds — a transformative 100-acre mixed-use development in the area surrounding some of northwest North Carolina’s iconic major event venues. Seamlessly blending retail, dining, residential, and office in one vibrant community hub, The Grounds will enhance Winston-Salem’s… Read More »

Foster Caviness Announces Expansion in Forsyth County

Foster Caviness, a fresh food warehousing and distribution company with a legacy in the Triad, is announcing a new location in Winston-Salem. It will occupy a 165,000 square foot facility on Lowery Street and generate 165 new jobs. An additional 140 employees will be retained from the company’s current location in Guilford County. The expansion… Read More »


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