Announcements and Press Releases

The Asheville economy is driven by industry leaders in strategic clusters of advanced manufacturing, science & technology, climate, healthcare, and arts & culture. Asheville's entrepreneurs trigger innovations across these industries. The Asheville-Buncombe EDC can assist organizations with corporate relocation by providing research data to make informed decisions about where to relocate a company.

For Media Inquires, contact:
Ben Teague, Executive Director, 828-258-6130
Matt Popowski, Communications Manager, 828-258-6115

September 18th, 2015
Executive Director Ben Teague told a standing-room only crowd of 300 at the Metro Economy Outlook that, during the next five years of AVL 5x5, the aim is to generate 3,000 new direct jobs that pay an average annual wage of $50,000. The EDC will also help 50 new “high-growth” companies to make Asheville their headquarters.
September 18th, 2015
Fifty new “high-growth” companies headquartered in Asheville is part of the AVL 5x5: Vision 2020 strategy. Leveraging "Asheville’s high quality of life" will enable the city to recruit talent, companies – and research institutions, not just from the U.S. but from around the world, said Bruce Katz, urban policy expert at the Brookings Institution in D.C.
September 2nd, 2015
The new AVL 5x5 plan is an evolution of the first five years, which far surpassed the community’s goals of attracting and growing higher wage jobs and capital investment. “It is a step toward a more vibrant metro economy that can compete in the 21st century marketplace and create good jobs for the residents of the Asheville region," said Bruce Katz, policy adviser at the Brookings Institute in D.C.
August 25th, 2015
The American Association of State Climatologists (AASC) announced today it will locate the organization’s headquarters and first full-time executive director in Asheville, N.C. The AASC supports the development of science-based climate services that assist in climate-related decisions for the public and private sectors, from community planning to business resiliency and risk mitigation.
August 24th, 2015
Bruce Katz, internationally-renowned policy adviser on economic and urban development at the Brookings Institution, will speak at the Metro Economy Outlook Sept. 17, presented by Dixon Hughes Goodman and VanWinkle Law Firm. The EDC will share highlights of AVL 5x5: Vision 2020, the strategic plan for job creation over the next five years.  Buy your tickets in advance online.
June 19th, 2015
Asheville Citizen-Times: From July 1, 2010, through June 30 of this year, 36 companies will have invested more than $1 billion in the region, spurring the creation of 6,385 jobs, Taylor Foss told 300 local business leaders during a breakfast at The Omni Grove Park Inn in Asheville.
June 2nd, 2015
AvL Technologies, Inc. announced a $7.6 million expansion over the next five years. Along with capital growth of $11.5 million in total since 2010, the expansion creates 90 new technology jobs.  Mobile satellite antennas made by AvL Technologies comprise 85 percent or more of the TV broadcast market in the U.S.
May 26th, 2015
From Thermo Fisher's zero carbon footprint to the world’s first GE Aviation factory to produce space-age jet engine parts for the new LEAP engine, Asheville companies are pioneering better, more cost effective practices. On May 28, thought leaders gather at the 2015 Manufacturing Excellence Summit in Asheville to present innovative industry practices.
May 18th, 2015
Asheville Angels, an angel investor group formed in 2014 to invest in startups and high-growth companies in Asheville and across the Southeast, announced two more investments, in ActivEd Inc and Baebies Inc. Following its January investment in Asheville-based Plum Print, Asheville Angels has collectively invested more than $200,000 into three startups.
May 12th, 2015
Reaching another key milestone in bringing their east coast brewery online, New Belgium Brewing’s Asheville Distribution Center construction has been completed. The company will begin shipping beer from the Asheville Distribution Center by the end of 2015. The distribution center will serve the eastern United States and will support the company’s national expansion.