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Buncombe hybrid and electric vehicle technology maker to get $460,000 in tax incentives

Buncombe hybrid and electric vehicle technology maker to get $460,000 in tax incentives Joel Burgess, Asheville Citizen Times ASHEVILLE - A long-time Buncombe County manufacturer that has shifted to electric and hybrid vehicle technology will get $460,000 in local taxpayer funded incentives. Popular Searches In return, BorgWarner has agreed to make a $62 million expansion to its Arden plant that will keep 500 current jobs and add 100 new ones with pay averaging $24.85 annually....
North Carolina United States Brownie Newman Brian Leising Borg Warner Pratt Whitney
Source: msn.com

Buncombe County to give BorgWarner $460k in tax incentives

ASHEVILLE - A long-time Buncombe County manufacturer that has shifted to electric and hybrid vehicle technology will get $460,000 in local taxpayer funded incentives. In return, BorgWarner has agreed to make a $62 million expansion to its Arden plant that will keep 500 current jobs and add 100 new ones with pay averaging $24.85 annually. Buncombe County Board of Commissioners voted 7-0 at a March 3 meeting to award the incentives that will be paid over six years.  "We appreciate the great wor...
North Carolina United States Brownie Newman Brian Leising Borg Warner Pratt Whitney

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