Wake Forest University will explore redeveloping University-owned property, east of the Reynolda Campus adjacent to Allegacy Stadium, Couch Ballpark, and the Lawrence Joel Veterans Memorial Coliseum. The University selected Atlanta-based Carter with Winston-Salem-based Front Street Capital to collaborate on possibilities in the area. Wake Forest and Carter/Front Street are collaborating with the City of Winston-Salem to develop… Read More »
Category: Economic Development
Wake Forest University Announces Vision for Deacon Boulevard Redevelopment
John Deere Electric Powertrain Expansion
Deere and Company has acquired majority ownership of Kreisel Electric, an Austrian manufacturer of lithium-ion battery systems, which allows the companies to work in tandem to advance the development of hybrid and electric off-road equipment. Kreisel will locate adjacent to John Deere’s existing Kernersville manufacturing facility on Mountain Street with an expansion that will generate… Read More »
Mid-Year Analysis: Q2 Report
PDF Download The bulk of this quarter’s report breaks down the data and insights we’re tracking for our community, along with feedback shared from our keynote speaker at the State of the Economy, NC Secretary of Commerce Machelle Baker Sanders. Access the latest metrics of our project pipeline, talent recruitment efforts, workforce development, and more. Quarterly… Read More »
State of the Economy
Greater Winston-Salem, Inc. held the State of the Economy event presented by Wake Forest University on June 14, featuring NC Secretary of Commerce Machelle Baker Sanders as the keynote speaker. As a center of economic activity, Winston-Salem is poised for continued economic attraction and retention in 2023 and beyond. With just under 1,600 new jobs… Read More »
Winston-Salem #1 for Business Startup Costs
Two rankings place Winston-Salem among the top cities in the nation to start a business Winston-Salem has often been recognized for its advantages in starting and growing a business. This month, those advantages are informing two recent national rankings: #1 Best Large City for Business Costs, #13 Overall Best Large City to Start a Business… Read More »
Frank L. Blum Construction Co. Celebrates 100th Anniversary in New Headquarters
Frank L. Blum Construction has relocated to its new headquarters on Pilgrim Court just in time to celebrate the company’s 100th anniversary in May. Blum announced the expansion last August which included a $3.5 million investment and 35 new jobs. The company has a total workforce of 250 employees throughout North Carolina with approximately 130… Read More »