New Belgium North Carolina Incentives Top $13 Million
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MyBeer Buzz
Originally the total was reported to be in the $9 million neighborhood, and now comes word that the total incentive package New Belgium brewing will receive as they build their new east coast brewery will be closer to $13 Million. This from Mountainexpress:
Commissioners unanimously approved giving New Belgium Brewing Co. $8.45 million in economic inventive grants.
In exchange, the Fort Collins-based brewery has agreed to invest $175 million in a new production facility on Craven Street at the edge of the River Arts District, eventually hiring 154 workers.
The county grants are in addition to the $3.5 million in incentives and infrastructure improvements being offered by the city of Asheville and a $1 million grant from the state One North Carolina Fund. All in all, the brewer has been given roughly $13 million in incentives from city, county and state governments.
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