June 3, 2014
Asheville-based HomeTrust Bancshares completed its $25.2 million purchase of Morristown, Tenn.-based Jefferson Bancshares. HomeTrust gains $506.8 million in assets from the purchase.
May 30, 2014
Zach Galifianakis, Owen Wilson and Kristen Wiig will star in a movie set to film in Asheville. "Loomis Fargo," which will also film in Wilmington for a couple of weeks, is based on the 1997 robbery of the Loomis Fargo & Co. vault in Charlotte. Production is scheduled to begin July 7.
May 29, 2014
(The Charlotte Observer)
Innovative Solar Farms wants to build 12 huge solar farms, mostly in Eastern N.C. The farms would range from 25 to 80 megawatts in size and would require hundreds of acres of leased land.
May 28, 2014
Highland Brewing will hold a beer and music festival on July 26, the same weekend the city's Bele Chere festival was held previously. Highland's Ale Share festival will donate proceeds to the Asheville Parks and Greenway Foundation.
May 27, 2014
Asheville-area beer festivals and tours are attacting visitors from across the state and beyond, as beer tourism grows and contributes to local economies. Sierra Nevada expects as many as 5,000 visitors at its Beer Camp Across America festival Aug. 3 in Mills River.
May 21, 2014
About 400 workers who are losing their jobs when Stanley Furniture closes its Robbinsville plant are eligible to apply for federal aid through a program that provides income support and job search assistance for people put out of work due to international trade. Stanley is moving its furniture manufacturing operations to China. (Regional Report, May 2014)
May 20, 2014
MGM Studios will film "Max," a movie starring Lauren Graham and Thomas Hayden Church, in Asheville beginning in June. Boaz Yadkin, director of "Remember the Titans," co-wrote and will direct the movie about a dog who is traumatized after helping soldiers in Afghanistan.
May 16, 2014
Three environmental organizations based in Western N.C. have combined to form one group that will cover 23 counties. The group hopes that pooling resources will allow it to better influence environmental policy at various levels of government.
May 13, 2014
Around 45% of North Carolina residents live in rural areas but only 18% of doctors practice in those communities, according to a report in the N.C. Medical Journal. The need for more health-care providers in rural counties is expected to grow as the population ages.
May 9, 2014
Visitor spending helps ease the tax burden on residents of Western N.C., as much as $2,605 per household in Swain County, where 87% of the county lies in national forest land and the unemployment rate is among the highest in the state. The data is based on research from the hospitality and tourism program at Western Carolina University's College of Business.
July 1, 2014
A second regulatory panel has rejected a claim made by the Democratic opponent of N.C. Rep. Tim Moffitt of Buncombe County. Brian Turner says Moffitt offered him a state job to pull out of this fall's election.
May 8, 2014
BorgWarner will invest $55 million and create 154 jobs with an average annual salary of $75,000 at its engineering and manufacturing plant in Arden. The Auburn Hills, Mich.-based company makes turbochargers for commercial trucks and race cars.
May 6, 2014
At least six breweries in the Asheville area are undergoing expansions, including Highland Brewing, which will spend $5 million and increase production as much as 50%. Green Man Brewing will invest $4 million on a new 17,000-square-foot building that will include a packaging center and a tasting room.
May 2, 2014
Margaret R. Pardee Memorial Hospital in Hendersonville closed its outpatient psychiatric clinic Thusday after the unexpected departure of its only two psychiatrists. About 700 patients have been redirected to Blue Ridge Community Health Services to continue treatment.
May 2, 2014
Seven months later than it originally had planned, New Belgium Brewery broke ground Thursday on its $175 million brewery in West Asheville. The Fort Collins, Colo.-based brewing company will employ about 140 workers when it opens in late 2015.
April 25, 2014
N.C. Sen. Tom Apodaca told the Mills River Town Council that he and other legislators are working on the third draft of a bill regarding coal-ash cleanup that will be introduced when the General Assembly convenes on May 14. The Henderson County Republican said the bill mandates that ash ponds at Duke Energy's active coal plant at Lake Julian be closed and removed within five years.
April 24, 2014
This week's five-day Moogfest festival kicked off Wednesday with a panel discussion on how to attract new jobs – particularly those in technology and innovation – to the region in a changing economy.
April 21, 2014
The FDA has proposed tougher standards for breweries regarding how they handle spent grain, which could lead to higher costs for brewers and local farmers. Currently, farmers use the grain as an affordable feed source for livestock, but The Food Safety Modernization Act may force breweries to instead haul the grain to landfills.
April 18, 2014
Monroe, Mich.-based La-Z-Boy will cut 100 jobs in North Carolina. The Monroe, Mich.-based company will close two warehouses in North Wilkesboro and a wooden-furniture plant in Caldwell County by year-end. It will sell off its youth furniture line to Lea Industries.
April 17, 2014
Moog Music CEO Mike Adams hopes this month's Moogfest festival will help visitors see Asheville as a place to work creatively. The five-day electronic music festival that will add a technology expo this year is being likened to a smaller version of the South by Southwest festival in Austin, Texas. Gov. Pat McCrory will be in Asheville to kick off Moogfest, which begins April 23.