Western

Carpet manufacturer expanding in Rutherford County

June 30, 2015

(RC Catalyst)

White Oak Carpet Mills will add 40 jobs at its carpet- and rug-manufacturing operations in Rutherford County. The company will invest more than $4.1 million over three years in Spindale, where it has being making rugs for 16 years. White Oak is a division of Wichita, Kansas-based CAP Carpet.

Hi-Wire Brewing set to unveil new Asheville brewery

June 29, 2015

(Asheville Citizen-Times)

Hi-Wire Brewing will open its new, $3 million brewery near Asheville's Biltmore Village on July 25. The new facility will allow the beer company to boost annual production from 5,000-6,000 barrels to 55,000 barrels.

Small businesses await change as AdvantageWest winds downs operations

June 26, 2015

(Asheville Citizen-Times)

AdvantageWest began the complicated task of finding homes for its many economic-development programs before the organization announced it would close by year-end. Nonprofit Mountain BizWorks will acquire the Advantage Opportunity Fund, which provides loans to startups, and the ScaleUp WNC small-business consulting program.

Seven Falls developer sentenced to federal prison

June 26, 2015

(Asheville Citizen-Times)

Keith Vinson, 56, was sentenced to 18 years in prison for his involvement in the Seven Falls development scheme in Henderson County, in which alleged conspirators had "straw borrowers" take out loans they did not intend to repay to buy lots in an upscale golf community.

Duralee Fine Furniture adding 41 jobs in Morganton

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.

Mills River cidery preps for production

June 25, 2015

(Hendersonville Times-News)

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.

A-B Tech closing Enka campus

June 23, 2015

(Asheville Citizen-Times)

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.

TE Connectivity meets goal of adding 40 jobs in Buncombe County

June 22, 2015

(Asheville Citizen-Times)

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.

Asheville's 5x5 economic-development plan exceeds goals

June 19, 2015

(Asheville Citizen-Times)

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.

Oskar Blues ramps up production at Brevard brewery

June 11, 2015

(Asheville Citizen-Times)

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.

Montreat College welcomes students from Florida school

June 10, 2015

(Asheville Citizen-Times)

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.

Asheville breweries pay living wage to retain, attract employees

June 8, 2015

(Asheville Citizen-Times)

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.

AdvantageWest to close by year-end

June 5, 2015

(Asheville Citizen-Times)

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.

Asheville's AvL Technologies adding 90 jobs

June 4, 2015

(Asheville Citizen-Times)

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.

Three sentenced to prison in Seven Falls case

June 3, 2015

(Asheville Citizen-Times)

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.

A-B Tech faces budget shortfall

June 2, 2015

(Asheville Citizen-Times)

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.

Blowing Rock health care facility to open March 2016

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.

Record job growth lifts Asheville housing market

May 28, 2015

(Asheville Citizen-Times)

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.

Duke Energy to shutter Asheville coal plant

May 20, 2015

(Asheville Citizen-Times)

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.

Western NC, upstate SC leaders join forces

May 20, 2015

(Asheville Citizen-Times)

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.