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


May 7th, 2014
BorgWarner, a global technology leader and 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.
December 18th, 2013
The Economic Development Coalition for Asheville-Buncombe County (EDC), Asheville-Buncombe Technical Community College and the NC Biotechnollogy Center jointly announced today that f(x) Immune Company will locate its new company in Asheville. 
November 14th, 2013
Asheville, N.C. -In conjunction with the Economic Development Coalition for Asheville-Buncombe County (EDC), GE Aviation broke ground on a new $126 million facility that will revolutionize jet propulsion on Thursday, November 14.
October 13th, 2013
Registration open for employers that plan to attend the 2014 Homecoming Job Fair, to be held at the WNC Ag Center in the Davis Event Center on January 8.
October 3rd, 2013
Jacob Holm Industries, a global nonwoven manufacturer, today announced the expansion of its manufacturing facility in Candler with over $45.9 million investment in facilities and equipment. The total project could exceed $60 million when it is complete.  Jacob Holm’s investment in Buncombe County will bring 66 new positions to accommodate the addition of a new product line. 
September 30th, 2013
Venture Asheville hosted its first Wicked Biz Pitch competition at Wicked Weed Brewing, giving seven area entrepreneurs the opportunity to pitch their business idea.
September 9th, 2013
Below is a feature from the September issue of Site Selection Magazine touting the expansion of GE Aviation in Asheville for its process and people.