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
 

 

July 16th, 2013
  In conjunction with the Economic Development Coalition for Asheville-Buncombe County (EDC) and Venture Asheville, Sport Hansa LLC, a premier importer and distributor of European outdoor product brands, today announced its relocation to Asheville. 
June 24th, 2013
In conjunction with the Economic Development Coalition for Asheville-Buncombe County (EDC), Tutco-Farnam today announced the expansion of its manufacturing facility in Arden with a $2.5 million investment in facilities and equipment, which will accommodate the addition of 90 new positions in engineering, production and operations.
June 17th, 2013
In conjunction with the Economic Development Coalition for Asheville-Buncombe County (EDC), GE Aviation, a world-leading producer of commercial and military jet engines, announced plans for a multi-billion dollar, nationwide investment to revolutionize jet propulsion.  This investment will usher in new technology, design, and materials that will make GE jet engines the industry standard for efficiency, while simultaneously reducing emissions.  
May 22nd, 2013
In conjunction with the Economic Development Coalition for Asheville-Buncombe County (EDC), STF Precision, a leading manufacturer in diamond-tipped cutting tools, today announced the expansion of its manufacturing facility in Arden, N.C. with a $4.5 million investment in facilities and equipment. STF’s investment will bring 25 new positions in engineering, production and operations to the county. 
May 6th, 2013
In conjunction with the Economic Development Coalition for Asheville-Buncombe County, TE Connectivity, a world leader in connectivity, today announced the expansion of its manufacturing facility in Fairview, N.C. with a $1.68 million investment in facilities and equipment.
February 6th, 2013
The EDC celebrated 2012 local company expansions and announcements on February 6, 2013.  Learn more about these companies and the efforts of the EDC team throughout 2012 in our Annual Report.    
February 6th, 2013
In conjunction with the Economic Development Coalition for Asheville - Buncombe County (EDC) and Venture Asheville, NewSong Music Group, an independent music production and management firm, announced its Asheville office, located within the Echo Mountain Recording Studios.  The Asheville space will serve as NewSong’s southern outpost, with an additional location in Brooklyn, New York.
January 25th, 2013
January 25, 2013 The Federal Reserve Board of Governors and the Federal Reserve Bank of Richmond board of directors appointed Paul Szurek to the board of directors for the Charlotte office of the Fifth Federal Reserve district, effective Jan. 1, 2013.
January 17th, 2013
athenahealth, Inc, a leading provider of cloud-based electronic health record practice management, announced that, with MedOasis, it will provide an anesthesia-specific billing solution combining athenahealth’s claims processing capabilities with MedOasis’ anesthesia coding,contract management, and compliance knowledge and capabilities.
January 2nd, 2013
OMG, Inc. announced today that it has acquired substantially all of the assets of the W.P. Hickman Company of Asheville, NC.  OMG is a leading manufacturer of fasteners and building products for commercial and residential construction applications.