Announcements and Press Releases

The Asheville economy must keep pace with its growing population and skilled workforce.  The Asheville EDC can assist organizations with the opportunity of corporate relocation by providing all information necessary to make an informed decision about where to relocate a company.



October 20th, 2014
GE Aviation, a global leader in jet engine and aircraft system production, hosted a grand opening ceremony on October 15 at the site of its new advanced composites factory near Asheville. The new 170,000-square-foot facility will be the first in the world to mass produce engine components made of advanced ceramic matrix composite (CMC) materials. Within five years, the workforce at the plant is expected to grow to more than 340 people.
September 26th, 2014
Highland Brewing Company announced expansion plans today to add 15 jobs and invest $5 million in new equipment and facilities over the next three years. The expansion, which includes tanks and a new bottling line, will increase its brewing capacity to over 60,000 barrels, or 828,000 cases, and enable the company to expand their distribution over time.  
August 22nd, 2014
The 15th Annual Asheville Metro Economy Outlook announced it will feature Greg Ip, renowned economics expert at The Economist and a Pulitzer Prize winner. Mr. Ip will present an insightful analysis of the latest national economic indicators and their impact on the regional economy at 5 p.m. on Thursday, September 18, 2014, at The Omni Grove Park Inn. Chris Cavanaugh, president of Magellan Strategy Group, will highlight trends in the Asheville Metro economy.  
August 4th, 2014
Wicked Weed Brewing announced today expansion plans for a new brewing facility to be located in western Buncombe County. The company’s expansion will add 82 new jobs and will invest $5 million in facilities and equipment over the next three years.
June 27th, 2014
The Asheville Area Chamber of Commerce and Venture Asheville honored Justin Belleme as Entrepreneur of the Year at the Chamber's annual meeting on June 26. Justin Belleme founded JB Media Group, LLC, a full service online marketing agency, in 2011 and has grown the company to 10 marketing professionals. Last summer, he launched the JB Media Institute, a six-week, in-person training program for online marketing, which has graduated 40 alumni.
June 9th, 2014
Transportation Safety Apparel, a Hilton Head, S.C. based company, announced they will bring 25 jobs to Buncombe County. The multimillion-dollar safety apparel company is opening a 10,000 square foot distribution center in Weaverville in June 2014 and plans to gradually consolidate its operations there by 2017.
May 7th, 2014
In cooperation with the EDC, BorgWarner, a top automotive industry supplier, announced today a plan to expand its Turbo Systems manufacturing facility in Arden, N.C. The expansion will create 154 new good-paying engineering and manufacturing jobs in Buncombe County and will invest $55 million in facilities and equipment over the next five years.
May 6th, 2014
Grow a startup, but make it quick. That’s the new theme of this year’s Ignite AshevilleBig Idea Competition on Thursday, May 15 from 3 - 5 p.m. at The Orange Peel, hosted by Venture Asheville and the EDC. Tickets are for sale only at
April 4th, 2014
The Economic Development Coalition for Asheville-Buncombe County (EDC) has announced Josh Dorfman as the new Director of Entrepreneurial Development. Dorfman will assist high-impact local entrepreneurs in acquiring the resources they need to grow, from workforce talent to capital, and in navigating the path to a successful high-growth business model.
March 3rd, 2014
Kearfott Corporation, announced a plan to expand its manufacturing facility in Black Mountain, North Carolina, with an investment of up to $11.9 million in facilities and equipment. If carried out in its entirety, Kearfott’s investment in Buncombe County will create 75 new positions including advanced engineering, quality control, production and management roles over a three-year period.