STATEWIDE Triad Region
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Re-enlisted for regeneration
The U.S. Department of Defense selected The Institute of Regenerative Medicine at Wake Forest University School of Medicine and its director, Dr. Anthony Atala, to lead the five-year, $75 million second phase of the Armed Forces Institute of Regenerative Medicine project, which develops treatments for battlefield injuries using regenerative medicine. Atala co-led the first phase, which began in 2008 and produced more than 10 clinical studies of potential therapies. The second, which began in January, will develop treatments for soldiers who suffer from severe burns, loss of limbs and injuries to the face, skull and lower abdomen. The project includes more than 30 hospitals, universities and companies.
HIGH POINT — BuzziSpace, a Belgian manufacturer of office furniture, will open its North American headquarters here, investing more than $1.7 million and creating 113 jobs over five years. The company will occupy the 100-year-old former Pickett Cotton Mill. Average annual pay will be $45,000, close to Guilford County’s $43,326. It will receive a One North Carolina Fund grant of up to $100,000 if it creates 50 jobs within three years.
LEWISVILLE — Westbend Vineyards and Brewhouse closed to the public March 2. Jack Kroustalis planted the vineyard in the 1970s and opened the winery, one of the state’s first, in 1988. His wife, Lillian, who has run the winery since he died in 2006, will continue operations until its inventory is gone. Winemaker Mark Terry and daughter Nicole will sell Westbend’s remaining wines at Corks, Caps & Taps, a wine and beer shop they plan to open in downtown Winston-Salem.
WINSTON-SALEM — More than 900 Walmart stores nationwide began selling Krispy Kreme ready-to-drink iced-coffee beverages Feb. 10. The doughnut-maker also entered an agreement with Green Mountain Coffee Roasters to produce K-Cup packs of Krispy Kreme coffees for the Waterbury, Vt.-based company’s Keurig coffeemakers. The single-serving packs will be sold through both company websites and at Krispy Kreme shops and other retail stores by year-end.
WINSTON SALEM — John Allison, former chief executive of BB&T, will retire from the board April 29. He plans to spend more time working at the Cato Institute, the Washington, D.C.-based think tank he has been president and CEO of since 2012.