New manufacturing plant expected to bring 60 jobs, invest $1.5 million in Asheville, Buncombe – Person Times

6July 2020

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“4”> Buy Photo A view of downtown Asheville

is seen from the under-construction White Oak Grove Apartments on Hazel Mill Roadway on June 23, 2020. (Image: ANGELI WRIGHT/ASHEVILLE RESIDENT TIMES)ASHEVILLE-An electronic devices maker will quickly transfer its company head office just outside downtown in an operation slated to develop 60 brand-new local tasks averaging$46,925 a year. Charles Edward Industries is expected to invest$1.5 million over a three-year period through the manufacturing plant

in collaboration with Buncombe Board of Commissioners, Asheville City Board and the Economic Development Coalition for Asheville-Buncombe County, according to a release provided by the Asheville Chamber of Commerce.”The Board of the EDC appreciates the confidence and dedication of CEI to this community at this vital time,”EDC Board Chair Michael Meguiar stated in the release.”A vibrant production economy is important to a brighter future for Asheville and Western North Carolina.”

Presently based in Knoxville, Tennessee, CEI is an electronic devices producer with specialized know-how in circuit boards and associated electronic parts. Beginning this fall, the company will hire for positions in assembly and production, engineering, management and administration.

More: 17.5 % joblessness in Buncombe; Asheville city location lost 36,400 jobs in April More: Orange Peel, Hop, more: winners of $5 million Buncombe County Tourist Jobs Healing Fund The brand-new head office and expansion of CEI will move into an existing building– which CEI will refurbish — along the 100 block of Broadway Street in Asheville adjacent to the Moog Music factory.

showcased in a new report by PGAV and commissioned by the Buncombe County Tourism Advancement Authority. The report sets out several actions to improve upon regional tourism culture, including securing the location’s authenticity and much better managing its growth. (Image: Buncombe County Tourist Advancement Authority) The chamber’s release stated the brand-new center will”support growth chances for CEI in the Aviation and Aerospace markets, in addition to supporting existing consumer relationships the business has in Asheville.”

“CEI is thrilled to announce our strategies to develop an existence in the Asheville community and to contribute to the continuous revitalization efforts of the Broadway Street passage,” said CEI President Tim Harmon. “We see great promise for our company in Asheville and see the neighborhood’s labor force as a key competitive advantage as we seek to grow business to new heights.”

For customers: Apartments rentals sluggish as service workers hunker down in the middle of COVID-19 pandemic Asheville Mayor Esther Manheimer and Buncombe Board of Commissioners Chairman Brownie Newman voiced their assistance, too.

“We are grateful to invite another technology-driven manufacturing business like CEI to Buncombe County throughout a time when reinforcing and diversifying our regional economy is a top community top priority,” stated Newman.

“The well-paying, highly-skilled production tasks connected with this investment are a welcome addition to our neighborhood as we work to restore our economy in the wake of the COVID-19 pandemic,” said Manheimer.

Mackenzie Wicker covers Buncombe County for the Asheville Citizen Times. You can reach her at mwicker@citizentimes.com or follow her on Twitter @MackWick. Find out more: Sign Up For the Person Times here.

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