Category: Economic Development

Vitamin Manufacturer Announces Corporate Expansion to Forsyth County

Nature’s Value expands to Whitaker Park, investing $18 million and creating 250 jobs Winston-Salem welcomes a new corporate headquarters with the announcement that Nature’s Value, a manufacturer of vitamins and dietary supplements, will be expanding some of its operating headquarters here from Coram, New York. The company is in contract to purchase a 426,000 square… Read More »

Commercial Construction Shatters 5-Year Highs

Forsyth County’s nonresidential construction is hitting a record. The permitted nonresidential construction value for the 2nd quarter of 2021 ($267 million) eclipsed the previous five-year high (set in 2019) by $139 million. The total permitted construction value ($395 million) for the quarter bested the previous 2nd quarter record by $169 million and exceeded the total… Read More »

Veteran-Owned Small Business in Winston-Salem Announces $231M Army Contract Helping Veterans Transition into the Workforce

Horizon Strategies – a Winston-Salem based ServiceDisabled Veteran-Owned Small Business (SDVOSB) – is proud to announce it was awarded a$231 million firm-fixed-price contract for transition services to Soldiers by the United States Army. “Soldiers sacrifice many years of their career to the Army, and in return, the Army is committed to reintegrating them into the… Read More »

Quarterly Report

Building Momentum in Winston-Salem Company expansions, visionary new plans for growth, entrepreneurial initiatives, internship opportunities, and more are driving Winston-Salem’s progress this quarter. Indicators have predicted that the pandemic, and the desire for a more balanced lifestyle, would lead to a boom in demand for mid-sized cities like Winston-Salem. We are seeing that interest grow… Read More »

RegeneratOR Test Bed to Launch Start Ups and Advance Regenerative Medicine Ecosystem

The RegeneratOR Test Bed has officially launched, bringing together resources to advance the regenerative medicine field nationally and create an economic development engine for the region and the state overall. The announcement of the RegeneratOR Test Bed comes from two driving forces of the regenerative medicine field: the RegenMed Development Organization (ReMDO), a non-profit foundation… Read More »

Innovation Quarter Releases Phase II Master Plan

The continued growth of the Innovation Quarter includes plans for 10 buildings on 2.7 million square feet The Innovation Quarter has released its master plan for Phase II of its development. The 28-acre site for Phase II sits on either side of Research Parkway, the majority south of Third Street and north of Salem Parkway.… Read More »


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