Russ Bowen of WLOS tweets it:
Sources say Linamar automotive parts company to take over Volvo plant #avlnews more at 5pm
Linamar Corp is Canada’s second largest auto parts maker, according to Wikipedia. It has manufacturing plants around the world. The company employs more than 12,000 employees.
Hints of a big economic development announcement have been piling up for a couple of weeks and local elected officials have been talking about a potential deal and Buncombe County commissioners have moved to buy the now-vacant Volvo manufacturing plant in Asheville as part of a potential deal. More to come.
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Linamar Corp is really the big one and still on it's growing path to become the first largest company. Looking ahead for it.
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