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Hyosung HICO, a global power transformer manufacturer, announced plans to expand operations in Memphis, Tennessee. Plans for the project include creating 240 new jobs and investing more than $150 million as the company constructs a new facility at its U.S. headquarters, marking the second expansion project at the facility in six months. Upon completion, the new facility will be one of the largest domestic power transformer manufacturing operations in the country. Economic development partners include MLGW, the Tennessee Department of Economic and Community Development, the Greater Memphis Chamber, and Memphis Shelby County EDGE. This project furthers TVA’s mission of service to help improve the quality of life for the people of the Valley.

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Carlex Glass America, a precision-formed automotive glass manufacturer, announced plans to expand operations in Nashville, Tennessee. Plans for the project include creating 143 high-skilled jobs and investing $55 million in the company’s Davidson County operations. Economic development partners include Nashville Electric Service, the Tennessee Department of Economic and Community Development, and the Metropolitan Government of Nashville and Davidson County. This project furthers TVA’s mission of service to help improve the quality of life for the people of the Valley.

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Aqua Membranes, a reverse osmosis membrane manufacturer, announced plans to establish operations in Knoxville. Plans for the project include creating 95 new jobs and investing more than $6.5 million in the company’s new facility. Economic development partners include Knoxville Utilities Board, the Industrial Board of Knox County, Oak Ridge National Laboratory, East Tennessee Economic Development Agency, City of Knoxville and Knox County and the Tennessee Department of Economic and Community Development. This project furthers TVA’s mission of service to help improve the quality of life for the people of the Valley.

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Fratco a leader in corrugated plastic pipe manufacturing, announced plans to establish operations in DeKalb County, Alabama. Plans for the project include creating 50 new jobs at the company’s state-of-the-art manufacturing facility. Economic development partners include DeKalb County Economic Development Authority, the Fort Payne Improvement Authority, the City of Fort Payne, and the Alabama Department of Commerce. This project furthers TVA’s mission of service to help improve the quality of life for the people of the Valley.

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Tate, Inc., a manufacturer of thermal management and airflow solutions, announced plans to establish operations in Barren County, Kentucky. Plans for the project include creating 400 new jobs and investing $61M in the company’s state-of-the-art manufacturing facility. This project marks the largest economic development investment in Barren County in nearly 20 years. Economic development partners include Glasgow EPB, Barren County Economic Development Authority, and the Kentucky Cabinet for Economic Development. This project furthers TVA’s mission of service to help improve the quality of life for the people of the Valley.

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Radiant, a nuclear generator company, announced plans to establish the company’s nuclear manufacturing and research and development operations in Oak Ridge, Tennessee. Plans for the project include creating 175 new jobs and investing $280 million that will support the development and mass production of the world’s first one-megawatt portable nuclear generator. Economic development partners include the Tennessee Department of Economic and Community Development, Roane County, City of Oak Ridge, City of Oak Ridge Electric Department, U.S. Department of Energy, and East Tennessee Development Agency. This project furthers TVA’s mission of service to help improve the quality of life for the people of the Valley.

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Nidec, a global manufacturer of advanced alternators, announced plans to expand operations in Henderson County, Tennessee. Plans for the project include creating 200 new jobs and investing $50 million in the company’s Lexington facility. Economic development partners include Lexington Electric System, the Tennessee Department of Economic and Community Development and the city of Lexington. This project furthers TVA’s mission of service to help improve the quality of life for the people of the Valley.

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Nissha Medical Technologies, a global medical device company, announced plans to establish operations in Nashville, Tennessee. Plans for the project include creating 38 new jobs and investing $4.5 million in the company’s engineering operations for research and development at Vanderbilt University. Economic development partners include Nashville Electric Service, the Tennessee Department of Economic and Community Development, Metro Nashville Government, Nashville Area Chamber of Commerce and Vanderbilt University. This project furthers TVA’s mission of service to help improve the quality of life for the people of the Valley.

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BWXT, a nuclear energy company, announced plans to expand operations at its Nuclear Fuel Services, Inc. facility in Erwin, Tennessee.  Plans for the project include creating 198 new jobs and investing $122 million in the company’s Unicoi County facility as it grows its capabilities in support of national defense needs. Economic development partners include Erwin Utilities, Unicoi County Economic Development Board and the Tennessee Department of Economic and Community Development. This project furthers TVA’s mission of service to help improve the quality of life for the people of the Valley.

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Jabil, a global manufacturing healthcare solutions provider, announced plans to establish operations in Marshall County, Mississippi. Plans for the project include creating 24 new jobs and investing $70 million in the company’s new facility. Economic development partners include Northcentral Electric Cooperative, Mississippi Development Authority, and Marshall County Board of Supervisors. This project furthers TVA’s mission of service to help improve the quality of life for the people of the Valley.

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