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Buncombe County Could Buy Former Volvo CE Plant

Buncombe County government is preparing to buy the former Volvo CE plant for $7 million in hopes of luring another large employer to the property.

June 17, 2011

Buncombe County government is preparing to buy the former Volvo Construction Equipment plant for $7 million in hopes of luring another large employer to the property.

State and local officials have been talking to at least one unnamed company in hopes of convincing its officials to locate a facility in the area.

The Volvo plant closed in the first quarter of 2010, laying off 228 workers, although employment had been much higher previously.

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Source: Citizen-Times.com

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