- Associated Press - Thursday, May 8, 2014

ARDEN, N.C. (AP) - A company that makes turbochargers will expand its plant in Buncombe County, creating more than 150 jobs.

BorgWarner said it will spend $55 million to expand its plant in Arden over the next five years. About 60 of the jobs are expected in the next three years.

The company says the 154 jobs will include engineering and production positions. They are expected to pay around $75,000 annually, including benefits.

The plant opened in 1977 and currently has more than 650 employees.

BorgWarner expects an increased demand for its turbocharger systems with stricter emissions standards. The company’s turbochargers are used in commercial trucks and in high-performance race cars in the IndyCar races.