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The Economic Development Coalition for Asheville-Buncombe County (EDC) congratulates retail grocer Ingles Markets, Incorporated (NASDAQ: IMKTA), on the planned expansion of its distribution center in Black Mountain. The Buncombe County Commission approved allocation of $99.7 million in federal Recovery Zone Facility Bonds to facilitate construction of an 830,000 square foot cold storage distribution center at the Ingles corporate office on U.S. Highway 70 West. The firm expects to create an additional 160 full-time positions over the next three years as a direct result of this investment. �For over six years, Ingles Markets has quietly collaborated with community partners on this plan to secure the future of Ingles Markets in Buncombe County,� stated EDC Chairman K. Ray Bailey. �We are humbled by this landmark investment in the future of our region and the livelihood of our citizens.� �The economic momentum provided by Ingles� announcement will continue to build Asheville�s reputation as a place where businesses thrive,� said Asheville Area Chamber of Commerce President and CEO Kit Cramer. The EDC for Asheville-Buncombe County is a public-private partnership committed to: creating and retaining high quality jobs, community leadership, and being a resource for better business decisions. The EDC accomplishes this mission through its four core services: business retention and expansion, small business and entrepreneurship, research, and marketing and recruitment. The EDC is funded by Buncombe County, the City of Asheville, the Asheville Area Chamber of Commerce and the Advantage Asheville Campaign. The Asheville Area Chamber of Commerce is a 2,000+ member organization representing 86,000 employees. Chamber members collaborate with community organizations and coalitions to support the community and each other with the mission of increasing the region�s livability by advancing its economic vitality. The Asheville Chamber works diligently to ensure that Asheville continues to prosper while also protecting the natural beauty of the area. In 2006, the Chamber moved to a new location and is now home to the 4,000 square foot Visitor Center which welcomes 200,000 visitors per year. (Image provided by The BMCM+AC.)
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