Editing Winston-Salem, North Carolina (section)

==Economy==
[[File:Reynolds Building - Winston-Salem, NC.jpg|thumb|upright|Former [[Reynolds Building|R.J. Reynolds headquarters]], built in 1929]]

Winston-Salem is the location of the corporate headquarters of [[HanesBrands]], Inc., [[Lowes Foods]] Stores,<ref>{{Cite web|url=https://www.lowesfoods.com/about-us/company-history|title=Lowes Foods – Company History|access-date=October 31, 2021}}</ref> Quality Oil Company,  [[Reynolds American]] (parent of [[R. J. Reynolds Tobacco Company]]), Reynolda Manufacturing Solutions, [[K&W Cafeterias]] (until 2022),<ref>"[http://www.kwcafeterias.com/GroupRates.html Group Sales] {{webarchive|url=https://web.archive.org/web/20111208194124/http://www.kwcafeterias.com/GroupRates.html |date=2011-12-08 }}." [[K&W Cafeterias]]. Retrieved on January 31, 2012. "K&W Corporate Office P.O. Box 25048 Winston-Salem, NC 27114-5048"</ref><ref name="Daniel">{{cite news|url=http://www2.journalnow.com/news/2012/jan/15/wssunbiz01-kampw-cafeterias-turns-75-ar-1812403/|archive-url=https://archive.today/20130127071752/http://www2.journalnow.com/news/2012/jan/15/wssunbiz01-kampw-cafeterias-turns-75-ar-1812403/|url-status=dead|archive-date=January 27, 2013|title=K&W turns 75|last=Daniel|first=Fran|work=[[Winston-Salem Journal]]|date=January 15, 2012|access-date=January 15, 2012}} – "Headquarters: 1391 Plaza West Road, off Healy Drive in Winston-Salem"</ref> and [[TW Garner Food Company]] (makers of [[Texas Pete]]).<ref>{{cite news|url=http://www.journalnow.com/news/local/garner-foods-considers-moving-corporate-headquarters-downtown/article_bd3516ef-a82b-5c8f-aa7f-c4fb36db9141.html|title=Garner Foods considers moving corporate headquarters downtown|work=[[Winston-Salem Journal]]|date=March 6, 2014|access-date=June 1, 2014|author-last1=Craver|author-first1=Richard}} – "based at 4045 Indiana Ave"</ref> [[Blue Rhino]], the nation's largest propane exchange company and a division of [[Ferrellgas]], is also headquartered in Winston-Salem. [[Wachovia]] Corporation was based in Winston-Salem until it merged with [[First Union]] Corporation in September 2001; the corporate headquarters of the combined company was located in Charlotte, until the company was purchased by Wells Fargo in December 2008. [[PepsiCo]] has its customer service center located in Winston-Salem. [[Truist Financial|BB&T]] was also based in Winston-Salem until it was merged with [[SunTrust Banks]] in December 2019; the corporate headquarters of the combined company were relocated to Charlotte.

Although traditionally associated with the textile and tobacco industries, Winston-Salem is transforming itself to be a leader in the [[nanotechnology|nanotech]], high-tech and biotech fields.<ref>{{Cite web |title=Winston-Salem's hottest startup aims to disrupt the world of blockchain |url=https://www.innovationquarter.com/articles/fluree-blockchain/ |access-date=2022-11-06 |website=Innovation Quarter |language=en-US}}</ref> Medical research is a fast-growing local industry, and [[Atrium Health Wake Forest Baptist]] is the largest employer in Winston-Salem. In December 2004, the city entered into a deal with [[Dell]], providing millions of dollars in incentives to build a computer assembly plant nearby in southeastern Forsyth County. Dell closed its Winston-Salem facility in January 2010 due to the poor economy.<ref>{{Cite web |date=2009-10-07 |title=Dell to close N.C. plant, eliminate 905 jobs |url=https://www.wral.com/business/story/6156112/ |access-date=2022-11-06 |website=WRAL |language=en}}</ref> In January 2015, Herbalife opened a manufacturing facility in the space left vacant by Dell.<ref>{{Cite news|url=https://www.journalnow.com/business/herbalife-officially-opens-its-winston-salem-plant/article_4fd8cc9c-9db8-11e4-a76c-4fbed5869a13.html|title=Herbalife officially opens it's Winston-Salem Plant|last=Daniel|first=Fran|date=January 16, 2015|work=Winston-Salem Journal|access-date=December 3, 2019}}</ref>

Public and private investment of $713 million has created the [[Wake Forest Innovation Quarter]], an [[innovation district]] in downtown Winston-Salem which features business, education in biomedical research and engineering, information technology and digital media, as well as public gathering spaces, apartment living, restaurants, and community events.<ref>{{cite news|title=Lofty plans take shape as Wake Forest Innovation Quarter eyes $1.7 billion public-private investment by 2030|url=http://www.journalnow.com/news/local/lofty-plans-take-shape-as-wake-forest-innovation-quarter-eyes/article_bc7d016f-7df6-5b7a-8f2e-76cd4d05c61e.html|newspaper=Winston-Salem Journal|date=January 14, 2017 |first=Fran |last=Daniel}}</ref>

===Largest employers===
[[File:Obelisk_2014.jpg|thumb|[[Truliant Federal Credit Union]] headquarters]]

According to the Winston-Salem Business Inc.'s 2012–2013 data report on major employers,<ref>{{cite web |url=http://www.wsbusinessinc.com/resources/2013-10-02-14-43-13/major-employers |title=Major Employers |website=W&Sin |date=2013-10-02 |access-date=2017-04-02 |archive-url=https://web.archive.org/web/20170315140931/http://www.wsbusinessinc.com/resources/2013-10-02-14-43-13/major-employers |archive-date=2017-03-15 |url-status=dead }}</ref> the ten largest employers in the city were:

{| class="wikitable"
|-
! #
! Employer
! # of Employees
|-
| 1
|[[Atrium Health Wake Forest Baptist]]
|11,750
|-
|2
|[[Novant Health]]
|8,145
|-
|3
|[[Winston-Salem/Forsyth County Schools]]
|6,692
|-
|4
|City/County Government
|4,689
|-
|5
|[[Reynolds American, Inc.]]
|3,000
|-
|6
|[[Wells Fargo]]
|2,800
|-
|7
|[[Hanesbrands Inc.]]
|2,251
|-
|8
|[[Truist Financial]]
|2,200
|-
|9
|[[Wake Forest University]]
|1,680
|-
|10
|[[Lowe's Foods]]
|1,500
|}

===Major industries===
[[File:Wake_Forest_University_School_of_Medicine_Bowman_Gray_campus.jpg|thumb|Atrium [[Wake Forest Baptist Medical Center]]]]

According to the Winston-Salem Business Inc.'s 2012 data report on major industries,<ref>{{cite web |url=http://www.wsbusinessinc.com/resources/2013-10-02-14-43-13/major-industeries |title=Major Industries |website=W&Sin |date=2013-10-02 |access-date=2017-04-02 |archive-url=https://web.archive.org/web/20170315191623/http://www.wsbusinessinc.com/resources/2013-10-02-14-43-13/major-industeries |archive-date=2017-03-15 |url-status=dead }}</ref> the major industries in Winston-Salem/Forsyth County are by percentage:

{| class="wikitable"
|-
! #
! Employment by Sector
! % Percentage
|-
| 1
|Health Care and Social Assistance
|29%
|-
|2
|Trade, Transportation and Utilities
|19%
|-
|3
|Professional and Business Services
|14%
|-
|4
|[[Manufacturing]]
|10%
|-
|5
|Leisure and Hospitality
|10%
|-
|5
|Financial Activities
|6%
|-
|7
|Public Administration
|4%
|-
|8
|[[Construction]]
|3%
|-
|9
|Other Services
|3%
|-
|10
|Information
|1%
|}

===Innovation===
[[File:Biotech Place Night Image.jpg|thumb|Wake Forest Biotech Place in the [[Innovation Quarter]]]]

The east end of downtown Winston-Salem is anchored by the [[Innovation Quarter]], one of the fastest-growing urban-based districts in the United States. Governed by the [[Wake Forest School of Medicine]], the Innovation Quarter is home to 90 companies, over 3,600 workers, 1,800 students seeking a college degree, and more than 8,000 workforce trainees. The Innovation Quarter is a place for research, business, biomedical science, digital media, and clinical services. It consists of over {{convert|1900000|ft2|m2}} feet of office, laboratory, and educational space covering more than {{convert|330|acre|hectare}}. There are more than 1,000 residential units within the Innovation Quarter. The goal is to drive even more [[economic development]] and create programs for tenants and residents for new ideas. Because of its location in downtown Winston-Salem, the Innovation Quarter serves as a creative and welcoming urban place for scientists, innovators, and technology leaders.<ref>{{Cite news|url=https://www.innovationquarter.com/about/history/|title=Innovation Quarter: A History|work=www.innovationquarter.com|access-date=February 10, 2019}}</ref> In 2019, the Innovation Quarter became one of the first nine steering committee members of the Global Institute on Innovation Districts, making it one of the leading districts of its kind in the world.<ref>{{Cite web|url=https://www.innovationquarter.com/press-releases/innovation-quarter-selected-to-join-newly-formed-global-institute-on-innovation-districts/|title=Innovation Quarter selected to join newly formed Global Institute on Innovation Districts|website=Innovation Quarter|language=en|access-date=2020-02-15}}</ref>

===Shopping===
Winston-Salem is home to [[Hanes Mall]], one of the largest [[shopping mall]]s in [[North Carolina]]. The area surrounding the mall along Stratford Road and Hanes Mall Boulevard has become one of the city's largest shopping districts.<ref>{{Cite web|url=https://www.journalnow.com/twincitytalks/blog/hanes-mall-opened-in-how-many-stores-do-you-remember/article_d955cad4-d6e4-11e7-9abc-c3a326dd1b20.html|title=Hanes Mall opened in 1975, How many stores do you remember?|last=Garber|first=Paul|date=December 1, 2017|publisher=Winston-Salem Journal|access-date=January 11, 2020}}</ref>

Other notable shopping areas exist in the city, including [[Thruway Center]] (the city's first shopping center), Hanes Point Shopping Center, Hanes Commons, Stratford Commons, Stratford Village, Reynolda Village, Pavilions, Shoppes at Hanestowne Village, Burke Mill Village Shopping Center, Oak Summit Shopping Center, Stone's Throw Plaza, Cloverdale Plaza Shopping Center Silas Creek Crossing, and the [[Marketplace Mall (Winston-Salem)|Marketplace Mall]].