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ABOUT TVA ECONOMIC DEVELOPMENT

Preparing, Recruiting, and Retaining Jobs & Capital Investment

We support TVA’s original mission — to harness the potential of the rich resources in the Tennessee Valley region to make life better for the people who call it home — by offering programs and services designed to spark job creation, encourage investment, and boost wages. We’re also here to support you by serving as a trusted partner, connector, and coach.

The Right Place. The Right People.

Our commitment to economic growth across our seven-state region is stronger than ever. Find out what it’s like to live and work in the Tennessee Valley and get to know our community partners, local power companies, and committed workforce.

Ocoee Dam

The Right Place. The Right People.

The Tennessee Valley Authority (TVA) supports a diverse set of target industries that accelerate growth in our region.

INDUSTRIES
Malibu facility

Programs & Services

Discover economic development incentives and site location and community services designed to help businesses thrive.

SERVICES
Martin ribboncutting

Resources & Tools

Use our interactive mapping and workforce tool to virtually explore available sites and learn more about our robust workforce.

RESOURCES

Find Yourself in the Valley Region

From the Great Smoky Mountains to the mighty Mississippi, our resource-rich region covers all of Tennessee and parts of Alabama, Georgia, Kentucky, North Carolina, Mississippi, and Virginia.

Our Specialists Are Here For You

Our Target Market Specialists and Area Representatives serve as your single point of contact, and they’re ready to answer any questions you have about our region. We can help you identify potential properties, find incentives, or develop a custom plan for entering the U.S. market. We serve as trusted partners to companies across the world, helping make the most of the opportunities available in the Valley. 

MEET THE TEAM

At the Peak of Our Game

Every year since 2006, Site Selection Magazine has named TVA a top utility in economic development. In 2024, TVA was named top utility provider by Business Facilities. We believe our success stems from our strong regional, state, and community partnerships, and our commitment to serving the ten million residents that call the Valley home. 

Our Clean Power Mix

Nearly 60% of TVA’s electricity comes from carbon-free sources and TVA has aspirations to be net carbon-free by 2050. Learn more about our clean power mix and our commitment to carbon reduction.

PUBLIC POWER CARBON REPORT

The Valley is Tops

Our pro-business region is recognized around the world for its high-quality work and welcoming communities. Plus, businesses located in our region benefit from TVA’s competitively priced power rates, which are among the lowest in the nation.

99.999% Reliability

Our region enjoys 99.999% reliability and the lowest industrial rates among peer utilities.

LEARN MORE

$45.9B

From 2019-2023, TVA supported economic development projects that totaled $45.9 billion in capital investment and created more than 102,000 new jobs while retaining 237,000 jobs. Learn more about our workforce.

 

WORKFORCE TOOL

10M+

Home to more than 10 million residents, our 80,000 square mile service region spans seven states and is centrally located just 500 miles — about a day’s drive — from 75% of the U.S. population.

FIND YOUR SITE

  • Power is really a secondary matter. TVA is primarily intended to change and to improve the standard of the living of the people of that Valley.

    -President Franklin D. Roosevelt

  • Success in economic development demands getting better every day. I hear professional athletes say after almost every game, win or lose, ‘We just have to get better.’ If it’s true for the best ballplayers in the world, it has to be true for me.

    -Chuck Marquis, TVA Economic Development Regional Development Specialist

Mission of Service

Charging an EV

We’re Powering Communities

TVA is a public power energy provider. We provide energy to the 153 local power companies throughout the region who deliver that power to businesses and homes. Public power means we’re not here to make a profit, we’re here to make a difference.

In the News

Glaukos Corporation to Establish Operations in Huntsville, Alabama

Glaukos Corporation, a global ophthalmic pharmaceutical and medical technology company, announced plans to establish operations in Huntsville, Madison County, Alabama. Plans for the project include creating 154 new jobs and investing more than $82 million in the company’s research, development, and manufacturing facility. Economic development partners include Huntsville Utilities, Huntsville-Madison County Chamber of Commerce, City of Huntsville, Alabama Department of Commerce,…

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Kitchen Food Co., Announces Plans to Establish Operations in Hopkinsville, Kentucky

Kitchen Food Co., a global prepared foods producer, announced plans to establish operations in Hopkinsville, Kentucky. The company plans to locate in the Hopkinsville-Christian County Spec Building, which was assisted by TVA InvestPrep program, creating 925 jobs and investing $69 million in the company’s new world-class facility. This project marks the largest job-creation announcement in…

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Performance Food Group to Expand Operations in Hamblen County, Tennessee

Performance Food Group, a foodservice company, announced plans to expand operations in Hamblen County. Plans for the project include creating 37 new jobs and investing $33 million its Morristown facility. Economic development partners include Morristown Utilities, the Morristown Area Chamber of Commerce, and the Tennessee Department of Economic and Community Development. This project furthers TVA’s…

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