Ashe County has acquired a 41.8 acre tract of land it plans on developing into as many as six separate lots with the goal of adding jobs and industry for the county.

The Ashe Post and Times reports the land is located off Ray Taylor Road in the West Jefferson extra-territorial jurisdiction, across from GE Aviation.

According to the report, an economic impact analysis estimates that the industrial park can create 322 direct jobs and potentially attract five new companies.

To help fund quicker development of the property, the county is applying for grants and loans from Blue Ridge Energy’s Rural Economic Development Loan Grant program, Appalachian Regional Commission and Golden LEAF.

The county plans to work with the Economic Development Partnership of North Carolina’s recruitment team while also utilizing website promotion, site brochures, social media and other publicity to drum up interest in the new site.

The county also hopes to capitalize on the U.S. 221 road widening project that is expected to spur further growth in the area.