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 work that company's done in buncombe County (and) the workforce that you have here," said board Chair Brownie Newman.
The promised county payout comes after a 2020 deal to give aircraft engine maker Pratt & Whitney $27 million to build a plant county leaders said would bring generational change but that opponents panned as taxpayer funding for a war profiteer.