AvL Technologies’ has opened a new 60,000 square-foot multi-tenant manufacturing facility adjacent to its existing headquarters. The new facility already has one office and manufacturing space tenant. According to the company, several local technology companies are considering the remaining office and manufacturing spaces. Additionally, AvL will move some manufacturing processes from its current building to the new building to take advantage of the larger space required for new product development.
The Buncombe County Board of Commissioners, the Industrial Facilities and Pollution Control Financing Authority, and the EDC all assisted AvL in building the new flex-space facility. AvL’s expansion continues momentum from the company’s $6 million expansion in 2010. The project plans for AvL Technology Park fuel the creation of more than 150 new technology jobs for the region as the company grows its composites production capabilities and expands into new markets.