June 25, 2015
(The News-Herald, Morganton)
Duralee Fine Furniture is expanding in Burke County and plans to add 41 new jobs at its 180,000-square-foot plant. A division of Bay Shore, N.Y.-based Duralee Fabrics, the company received a $410,000 grant from the N.C. Rural Infrastructure Authority for renovations to the building, which was built in 1963.
June 25, 2015
Bold Rock Hard Cider expects to begin production at its new, 22,500-square-foot Mills River facility by the end of the summer. The Virginia-based company plans to use Henderson County apples in its hard cider.
June 23, 2015
Asheville-Buncombe Technical Community College will close two buildings on its Enka campus by the end of September as part of a cost-cutting effort. The Enka campus houses programs including a small business incubator and craft beverage institute; President Dennis King said the school will try to relocate as many programs as possible.
June 22, 2015
Buncombe County commissioners awarded TE Connectivity more than $37,000 in incentives in exchange for the company creating 40 jobs in Fairview over the last two years.
June 19, 2015
Since July 2010, 36 companies have invested more than $1 billion and created 6,385 jobs in the Asheville region, according to the Asheville-Buncombe County Economic Development Coalition. The activity exceeded the goals of Asheville's 5-year economic-development plan, which aimed to create 5,000 jobs and draw $500 million in capital investment in five target sectors.
June 11, 2015
With a 30% increase in annual sales, Oskar Blues Brewery in Brevard will increase capacity from 85,000 barrels to 210,000 barrels. Construction on the project, which includes a 17,000-square-foot building addition and an expanded wastewater treatment building, is expected to be complete in six months.
June 10, 2015
Montreat College has extended an offer for students of the shuttered Clearwater Christian College in Florida to transfer without delaying graduation or incurring additional costs. Each Clearwater student would receive a $6,000 award in addition to other financial aid for which the student may be eligible.
June 8, 2015
More than a dozen breweries in the Asheville area pay their employees a certified living wage, while others strive to pay workers fair wages in a competitive industry and an expensive housing market. The Asheville Brewers Alliance estimates local brewers employ more than 1,000 people.
June 5, 2015
AdvantageWest will cease operations by year-end after 21 years. The regional economic-development group, which represents 23 counties in western N.C., is working to transfer its programs to other nonprofits in the region.
June 4, 2015
AvL Technologies will create 90 new jobs in an expansion of its Asheville plant, where it makes mobile satellite antenna systems. Buncombe County commissioners approved incentives of more than $300,000 for the 21-year-old company. AvL will invest at least $11.5 million in facility improvements.
June 3, 2015
Three people involved in the Seven Falls real-estate and bank fraud case were sentenced to prison on Tuesday. Eight people have received prison time in the case, which involved a failed residential development in Henderson County. Developer Keith Vinson is scheduled to be sentenced June 25.
June 2, 2015
Asheville-Buncombe Technical Community College will lay off six employees and cut another four jobs through attrition as a result of an unexpected budget shortfall. The college will receive less state funding than expected due to a 4% drop in student enrollment.
May 29, 2015
(The Watauga Democrat)
Construction of Chestnut Ridge at Blowing Rock, a health care facility on 68 acres that will replace Blowing Rock Hospital and an extended-care center, is moving ahead of schedule and is now 47% complete.
May 28, 2015
Local job growth – which is twice the national average over the last year, according to an economist with Nationwide Insurance – and steep rents are contributing to a strong housing market in Asheville.
May 20, 2015
Duke Energy Progress said Tuesday it will close its 376-megawatt, coal-fired power plant at Lake Julian within five years. The utility will build a new 650-watt, natural gas-fired plant that also will utilize solar energy. Duke plans to invest $1.1 billion in the project, which includes a new transmission substation in South Carolina. Pending state regulatory approval, the new plant could go online by 2020.
May 20, 2015
Business leaders from western North Carolina and upstate South Carolina met Tuesday to discuss taking a regional approach to economic development. The inaugural meeting of the I-26 Regional Business Leadership drew more than 80 business members from cities including Asheville, Spartanburg, S.C., and Greenville, S.C.
May 19, 2015
Asheville's historic Biltmore Village is thriving, with nine new independent merchants slated to open by June. Retail shops and restaurants there have reported a 5 to 20% increase in sales from 2013-14.
May 14, 2015
Members of the Asheville City Council want to toughen enforcement on short-term property rentals gaining popularity through websites such as Airbnb.com, saying the practice turns quiet, residential neighborhoods into noisy hotel districts and reduces affordable housing.
May 13, 2015
New Belgium Brewing has completed construction of a 141,000-square-foot distribution center in Enka. The Fort Collins, Colo.-based beer company's West Asheville brewery, which will serve the eastern United States, is under construction and scheduled to open by year-end.
May 7, 2015
Asheville restaurant owners say there's no quick fix to wage disputes in the industry, particularly in a city where a rising cost of living forces many workers to live outside the city limit.