H&M, the popular European (Swedish) retailer which sells popular fashions at reasonable rates, opened its second store in North Carolina at Hanes Mall on Thursday, November 17th. The first H&M store opened in Raleigh in March 2010.
Financial struggles have forced Tengion, the PA-based regenerative medicine company that commercializes Dr. Anthony Atala's research, to cut its workforce by 58% (30 employees). On the bright side for Winston-Salem, it is also consolidating R&D here at its space in the Piedmont Triad Research Park.
Finally, Caterpillar celebrated its grand opening of the Winston-Salem plant on Wednesday, November 16th. The plant won't reach full capacity until 2014. Pictures of the event - and the inside of the plant - can be found here from the Triad Business Journal.