Counting on a longterm return and benefit to the area, Buncombe County commissioners approved two economic incentive packages today, Nov. 18, in exchange for the creation of new jobs and millions of dollars of investment in the county economy. Commissioners unanimously approved a $9 million economic incentive for gear maker Linamar North Carolina Inc., to […]
The Buncombe County Board of Commissioners has a busy few weeks coming up, with several meetings planned as well as the swearing-in of its newly elected member, Miranda DeBruhl.
When Asheville City Council voted 5-1 this week to give $90,000 to Moogfest (including $40,000 in cash), it marked the latest chapter in a long Asheville debate: Whether it’s business or festivals, who should get money from the city?
Asheville City Council passed $90,000 in incentives for Moogfest this evening, both in cash and services, with the possibility of a partnership continuing for years. However, while its proponents touted it as an important investment in the city’s future growth, one Council member asserted that it’s an unreasonable amount of taxpayer dollars to go to an event not entirely open to the public.
What’s needed to solve Asheville’s housing crunch? Fewer development hurdles, a city “land bank” to preserve property for affordable housing, more density and a hard “target number” for units that need to be created each year— these are some of the ideas to come out of a recent meeting of the Affordable Housing Advisory Committee.
At their Oct. 15 meeting, Buncombe Commissioners approved $84,000 in economic incentives for Plasticard-Lockteck International. The deal’s been in the works since last spring, when county officials promised the incentive grants to the company if it expanded operations at its Arden headquarters.
Over biscuits and gravy this morning, city officials talked to the Council of Independent Business Owners about attempts to change the way development is regulated in West Asheville, and shifting the way they do economic development to better help small businesses.
Residents raised a wide variety of issues and concerns with Buncombe County commissioners during a July 9 community meeting in Enka.
Buncombe County commissioners unanimously approved offering an undisclosed company $18.38 million in economic incentives May 14. (photo by Caitlin Byrd)
At tonight’s Asheville City Council meeting, two extremely controversial topics — a vote on a Business Improvement District and breaking a budget deadlock — are before the city’s elected leaders. If that wasn’t enough, there are also votes on incentives for a south Asheville housing development and New Belgium’s brewery.
As part of the deal to bring a new, East Coast brewery here, the city of Asheville will give New Belgium $3.5 million in tax reimbursements over seven years, provided it goes through with its plans to invest $175 million in building the new facility. The city will also make infrastructure improvements to the area costing more than $500,000.
For weeks, Asheville has seen rumors swirl that New Belgium is considering the city for a new brewery and looking for economic development incentives. Today, Sept. 22, City Council member Jan Davis publicly confirmed the rumors at a Council of Independent Business Owners forum. He tells Xpress that while he welcomes the company, he’s skeptical about the need for incentives.
At tonight’s Asheville City Council meeting, that august governing body will vote on $2.2 million in tax incentives for Linamar’s move into the former Volvo plant, where the Canadian company plans to begin making auto parts before the end of the year. Also on the agenda: larger recycling bins, rates for renting Pack Square Park and deciding which candidates to interview for the Planning and Zoning Commission.
County buys Volvo plant. County sells Volvo plant to Linamar Group, a Canadian manufacturer, the following year. Asheville gives Linamar $2.2 million in incentives over four years. Buncombe puts up $6.8 million in incentives. North Carolina pitches in $9 million. The hoped-for results? Almost 400 jobs for the Asheville-Buncombe area that pay, on average, more than $39,000 a year.
Governor Bev Perdue announces Linamar’s expansion. Photo by Jonathan Welch
Unison Engine Components has been in Asheville for 59 years. Now owned by corporate giant General Electric, the jet-parts manufacturer is in the midst of a $28.5 million expansion, adding 200 jobs to the company’s Sweeten Creek Road plant. Most of the jobs will start at $16 an hour and will include extensive benefits. Up, […]
County awards $1.4 million incentive grant
Incentives for a manufacturer and a slew of rezonings top the Buncombe County Commissioners’ agenda for tomorrow’s meeting.
Affidavit becomes latest Parkside flash point County approves 2008-09 budget New storm-water rules provoke debate Auto parts company gets $1 million incentive deal Normally, it would have been no big deal—a routine piece of red tape needed for a proposed development bordering county property to advance to the city’s Technical Review Committee. But this was […]
Full coverage of the June 3 meeting