August 21, 2014
Hours before adjourning its legislative short session on Wednesday, state lawmakers restored a $12 million incentive for Evergreen Packaging's paper mill in Canton that will help pay for new natural-gas boilers to comply with EPA regulations.
August 20, 2014
The N.C. House defeated a bill Tuesday that included a $12 million incentive to help Evergreen Packaging replace its coal-fired boilers with new natural-gas ones at its Canton paper mill. The Environmental Protection Agency is forcing the company to replace the boilers by 2016, a project the company says will cost $50 million.
August 20, 2014
Asheville Outlets, under construction at the site of the former Biltmore Square Mall, will add 1,341 jobs and $33 million in local spending, according to an economic impact study commissioned by the developer. The 325,000-square-foot shopping center will open in spring 2015.
August 19, 2014
The N.C. Department of Transportation will replace 11 bridges in Buncombe, Madison and Mitchell counties that, while deemed safe for use, are costly to maintain due to outdated design standards (NCTrend, August). Mooresville-based Dane Construction was awarded an $11.4 million contract to replace the bridges.
August 15, 2014
Andrew Quinn Hager was sentenced to eight months in prison for his involvement in the failed Seven Falls development in Henderson County. Hager pleaded guilty in March 2013 to conspiracy to commit bank fraud.
August 14, 2014
Sierra Nevada has begun offering free hard-hat tours of its Mills River brewery. The Chico, Calif.-based beer-maker plans to begin full tours in November. Its main brewery has been producing beer for several months. A restaurant, taproom and music venue are planned.
August 13, 2014
Diamond Brand, the Fletcher-based manufacturer of tents and outdoor gear, plans to open three retail locations in Asheville this fall. The company has a retail store in Arden.
August 13, 2014
(The Sylva Herald)
Republican legislators in Western N.C. oppose the state's plan to collect and test rocks in the seven westernmost counties to determine shale-gas potential. Sen. Jim Davis, who co-sponsored the bill that lifted the state's ban on fracking, says it's a waste of money.
August 12, 2014
Sigma Plastics Group will create 80 jobs at a printing and packaging plant in Transylvania County. The Lyndhurst, N.J.-based company, which makes polyethylene films and bags, will invest $5.5 million in renovations at the former Coats America plant in Rosman.
August 11, 2014
The health-care and hospitality industries have surged ahead of manufacturing in Buncombe County over the past two decades. The hospitality sector employed 9,709 workers in 1990; today 18,022 are employed in the industry. The number of manufacturing jobs has been cut almost in half.
August 8, 2014
An international partnership of companies from the U.S., Israel and Italy will create 125 jobs at a plant-grafting business on a 42-acre site in Mills River. Tri-Hishtil will produce plants that are disease resistant without the use of genetically modified organisms, beginning with tomatoes and watermelons.
August 6, 2014
Asheville-based Wicked Weed Brewing will build a new production plant in Buncombe County that will allow it to brew 50,000 barrels of beer a year. The company will invest $5 million in the 40,000-square-foot plant, which is expected to open by fall 2015.
August 5, 2014
Although GE Aviation has a backlog of $160 billion in orders for jet-engine parts, the company says it needs the support of the U.S. Export-Import Bank to do business in emerging markets. The company plans to hold a grand opening for its new, 170,000-square-foot Asheville plant in October.
August 4, 2014
Scott Hamilton was named executive director of the Appalachian Regional Commission, a federal agency that provides economic grants in rural counties across 13 states in the Appalachian Mountains. Hamilton has been CEO of AdvantageWest, a nonprofit economic-development organization serving Western N.C., since 2009.
August 1, 2014
(The Citizen-Times, Asheville)
The Economic Development Coalition of Asheville and Buncombe County announced plans for a startup investing group, the Asheville Angels, and the revamping of the chamber's local entrepreneurship initiative.
July 30, 2014
The comedy starring Zach Galifianakis, Owen Wilson and Kristen Wiig transformed the streets of Asheville, making the Buncombe County Courthouse serve Mecklenburg County. The film is based on a real-life robbery in Charlotte in 1997.
July 30, 2014
(Asheville Citizen Times)
Mission Health System, Asheville's biggest employer, will cut costs by $42 million next year under a reorganization plan that could mean layoffs.
July 28, 2014
The building boom on the campus of Asheville-Buncombe Technical Community College isn't without controversy, debate and power grabs.
July 25, 2014
A group of wineries in Western N.C. and north Georgia will become part of an American Viticultural Area, a federal designation that allows vintners to more accurately describe the origins of their wine. Wineries across North Carolina attract 1.26 million visitors annually, and the wine industry had a $1.28 billion impact in the state in 2009.
July 24, 2014
Asheville's Moogfest music and technology festival will take a year off and return in 2016. Moog Music invested $3 million in the revamped music festival, which expanded from three to five days and added technology and innovation programs. The 2014 festival lost $1.5 million.