Latest phase of New Belgium’s $8.45 million NC tax incentive package approved
As part of the deal to bring New Belgium Brewing to Asheville, Buncombe County has agreed to give the company up to $8.45 million in grants. […] In addition to the jobs New Belgium is planning to directly create, the project is estimated to add 260 indirect and induced jobs locally, according to Creighton. In total, the new jobs are projected to contribute $18.3 million in annual new labor income and $22 million in annual new state and local tax revenue, he reports.
The city of Asheville approved $3.5 million (part of that $8.45 million) earlier this week.
via Mountain Xpress.
Breweries: New Belgium Asheville, New Belgium Brewing Co.
