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Moog Music, in conjunction with the City of Asheville and the Economic Development Coalition for Asheville and Buncombe County, announced May 21 that it is investing $2.5 million in a new Asheville company headquarters adjoining downtown.
To that end, Moog said it has completed the purchase of four long-vacant, 1920s-era buildings at 160-170 Broadway St., in North Asheville just north of downtown.
The Broadway site was chosen because of its proximity to the downtown
music venues and River Arts District, Moog officials said.
“This location is ideal for Moog and our employees; we will bring
commerce, economic vitality and livability to this once-neglected
entrance to the city,” Michael Adams, Moog president, noted. “Our plans
include an extensive renovation of the structure that will transform the
facade from an eyesore to a landmark that embodies Moog’s spirit of
innovation, one that our company and our community can be proud of.”
The location will house the company’s 35 employees engaged in
worldwide sales and marketing, research and development, and
manufacturing operations, he asserted.
“The ambience of the building was the primary selection criteria.
I was looking for a building that had wood floors, old brick and wide
open spaces. Creativity drives Moog and this old building, once
transformed, will inspire our entire team to continue this mission,”
Adams said.
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