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NEW & ANNOUNCEMENTS

Economic Development News & Announcements

Change happens quickly in our region. Check out the latest news and announcements from TVA Economic Development. For media inquiries, please contact us.

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02.19.25 | Newsroom

ROCKWOOL to Expand Operations in Marshall County, Mississippi

ROCKWOOL, an industrial insulation manufacturer, announced plans to expand operations in Marshall County, Mississippi. Plans for the project include creating 30 new jobs and investing more than $100 million in the company’s facility. Economic development partners include Northcentral Electric Cooperative, Mashall County Industrial Development Authority and Mississippi Development Authority. This project furthers TVA’s mission of…
02.19.25 | Newsroom

Charms LLC Announces Plans to Expand Operations in Tipton County, Tennessee

Charms LLC, a candy manufacturer, announced plans to expand operations in Tipton County, Tennessee. Plans for the project include creating 62 new jobs and investing $97.7 million in the company’s Covington location. Economic development partners include Covington Electric System, Tipton Count Community Development and the Tennessee Department of Economic and Community Development.  This project furthers…
02.6.25 | Newsroom

Southeastern Timber Products to Expand Operations in Choctaw County, Mississippi

Southeastern Timber Products, a manufacturer of lumber, timber, and decking products, announced plans to expand operations in Choctaw County. Plans for the project include creating 40 new jobs and investing $123 million in its Ackerman facility. Economic development partners include The Enterprise, 4-County Electric Power, and Mississippi Development Authority. This project furthers TVA’s mission of…
01.29.25 | Newsroom

Yancey Engineered Solutions Announces Plans to Establish Operations in Batesville, Mississippi

Yancey Engineered Solutions, a generator enclosure and fuel tank manufacturer, announced plans to establish operations in Batesville, Mississippi. Plans for the project include creating 250 jobs and investing $20.8 million in the company’s Panola County facility. Economic development partners include Tallahatchie Valley Electric Power Association, Mississippi Development Authority, and Panola Partnership. This project furthers TVA’s…
01.3.25 | Newsroom

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,…
12.23.24 | Newsroom

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…
12.20.24 | Newsroom

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…
12.19.24 | Newsroom

ALUKO Group to Establish First U.S. Manufacturing Facility in Madison County, Tennessee

ALUKO Group, an aluminum battery casing manufacturer, announced plans to establish operations in Madison County, Tennessee. Plans for the project include creating 55 new jobs and investing more than $36 million in the company’s first U.S. manufacturing facility. The new facility will supply aluminum battery casings at Ford Motor Company’s BlueOval City. Economic development partners…
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News Index

ROCKWOOL to Expand Operations in Marshall County, Mississippi

ROCKWOOL, an industrial insulation manufacturer, announced plans to expand operations in Marshall County, Mississippi. Plans for the project include creating 30 new jobs and investing more than $100 million in the company’s facility. Economic development partners include Northcentral Electric Cooperative, Mashall County Industrial Development Authority and Mississippi Development Authority. This project furthers TVA’s mission of...

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Charms LLC Announces Plans to Expand Operations in Tipton County, Tennessee

Charms LLC, a candy manufacturer, announced plans to expand operations in Tipton County, Tennessee. Plans for the project include creating 62 new jobs and investing $97.7 million in the company’s Covington location. Economic development partners include Covington Electric System, Tipton Count Community Development and the Tennessee Department of Economic and Community Development.  This project furthers...

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West Star Aviation to Expand in Hamilton County, Tennessee

West Star Aviation, an aircraft maintenance company, announced plans to expand operations in Hamilton County, Tennessee. Plans for the project include adding 200 new jobs and investing $32 million in the company’s Chattanooga manufacturing facility. Economic development partners include EPB, the City of Chattanooga, Hamilton County, Chattanooga Metropolitan Airport Authority and the Tennessee Department of...

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