Tex-Tech Industries, a producer of innovative, high-performance materials for space, aerospace, defense and advanced industrial markets, broke ground on a new 170,000 square foot facility in Winston-Salem on September 22nd. The new facility, an extension of Salem Business Park, will be located at 572 Cassell Street and will serve as the primary manufacturing site for… Read More »
Category: Economic Development
TexTech Industries Breaks Ground on Forsyth County Expansion
ProKidney Expands Headquarters and Manufacturing in Forsyth County
ProKidney, a biotech company focused on treating chronic kidney disease (CKD), has announced that it will expand its headquarters in Winston-Salem. ProKidney will expand its footprint of manufacturing, office, and lab space in facilities on Westpoint Drive and Empire Drive. The expansion will generate $21 million in capital investment and 50 new jobs by 2027. … Read More »
WSPR Fund Invests in STEMZ
The Winston-Salem Partners Roundtable, an angel investment fund that offers capital to early-stage growing companies in Winston-Salem and Forsyth County, has made an investment in the local startup STEMZ. STEMZ is a logistics & tech-focused company working to build consistent and convenient distribution systems for US-grown flowers. The company works to streamline the process of… Read More »
Wake Forest University Announces Vision for Deacon Boulevard Redevelopment
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 »
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 »