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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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08.29.22 | Newsroom

Ventcon announced plans to establish its first manufacturing operations outside of the company’s headquarters in Allen Park, Michigan

Ventcon, an industry leading HVAC sheet metal mechanical company, announced plans to establish its first manufacturing operations outside of the company’s headquarters in Allen Park, Michigan.  Plans for the new plant in Madison County, TN include investing $6.7 million and creating 75 new jobs. Economic development partners include the Jackson Chamber, Jackson Energy Authority, City of Jackson, Madison…
08.25.22 | Newsroom

Bridgestone Americas announced plans to expand operations in Warren County, Tennessee.

Bridgestone Americas, a global mobility company, announced plans to expand operations in Warren County, Tennessee. Plans for the significant expansion and modernization project include investing $550 million and creating 380 new jobs, increasing the existing headcount to more than 1,400 employees at the Morrison truck and bus radial tire facility. Economic development partners include the Industrial Development Board…
08.22.22 | Newsroom

Westlake Pipe and Fittings, plans to expand operations in Brownsville, Tennessee

Westlake Pipe and Fittings, a plastic fabrication company, plans to expand operations in Brownsville, Tennessee. Plans for the project include investing $102 million in the Haywood County facility. Economic development partners include Brownsville Energy Authority, City of Brownsville, and Haywood County and Tennessee Department of Economic and Community Development. This project helps further TVA’s mission of service…
08.19.22 | Newsroom

McNeilus Truck and Manufacturing Inc.announced plans to establish operations in Murfreesboro, Tennessee

McNeilus Truck and Manufacturing Inc., an Oshkosh Corporation and global technology company, announced plans to establish operations in Murfreesboro, Tennessee. Plans for the project include creating 230 new jobs and investing $50 million in the purpose-built commercial vehicle and equipment manufacturing facility. Economic development partners include Middle Tennessee Electric, Rutherford County Chamber of Commerce, and…
08.2.22 | Newsroom

Ascend Elements announced plans to establish operations in Hopkinsville, Kentucky.

Ascend Elements, a manufacturer of sustainable lithium-ion battery materials for the Electric Vehicle industry, announced plans to establish operations in Hopkinsville, Kentucky. Plans for the project include creating 250 new jobs and investing $310 million in the EV battery materials and recycling operations. Economic development partners include Pennyrile RECC, Southwestern Kentucky Economic Development Council and the Kentucky Cabinet for…
07.29.22 | Newsroom

O-I Glass, announced plans to establish operations in Bowling Green, Kentucky.

O-I Glass, an innovative glass bottle producer, announced plans to establish operations in Bowling Green, Kentucky. Plans for the project include creating 140 new jobs and investing $239 million to provide the company increased production capacity of sustainable packaging solutions. Economic development partners include Warren RECC, the Bowling Green Area Chamber of Commerce and Kentucky Cabinet for Economic Development….
07.28.22 | Newsroom

Duksan Electera America, Inc announced plans to establish operations in Shelbyville, Tennessee

Duksan Electera America, Inc., an electrolyte manufacturer for the Electric Vehicle battery industry, announced plans to establish operations in Shelbyville, Tennessee. Plans for the project include creating 100 new jobs and investing $95 million to locate the company’s first North American manufacturing facility in Bedford County. Economic development partners include Duck River Electric Membership Corporation, Shelbyville-Bedford Partnership, Middle Tennessee Industrial Development…
07.26.22 | Newsroom

Highland Ventures, Ltd. announced plans to establish operations in Williamson County, Tennessee.

Highland Ventures, Ltd., a leading holding company to top brands in the restaurant, fitness, video rental and commercial real estate industries, announced plans to establish operations in Williamson County, Tennessee. Plans for the project include creating 80 new jobs and investing $8 million as the company relocates its headquarters to middle Tennessee. Economic development partners include Nashville Electric Service,…
07.21.22 | Newsroom

iFixit announced plans to establish operations in Hamilton County, Tennessee.

iFixit, an e-commerce repair company, announced plans to establish operations in Hamilton County, Tennessee. Plans for the project include creating 200 new jobs and investing $24 million in the company’s Chattanooga facility. Economic development partners include EPB, City of Chattanooga, Hamilton County, Chattanooga Chamber of Commerce and Tennessee Department of Economic and Community Development. This project helps further TVA’s…
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News Index

Oklo Inc., to Establish Operations in Oak Ridge, Tennessee

Oklo Inc., an advanced nuclear technology company, announced plans to establish operations in Oak Ridge, Tennessee. Plans for the project include creating more than 800 new jobs and investing $1.7 billion, which includes the development of an advanced nuclear fuel recycling facility. This announcement establishes Oklo as the nation’s first privately funded nuclear recycling facility,...

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MAHLE GmbH Announced Plans to Expand Operations in Hamblen County

MAHLE GmbH, an automotive supplier of electric compressors, announced plans to expand operations in Hamblen County. Plans for the project include investing $10 million and creating 50 new jobs, which will bring the company’s total headcount to nearly 800 people at its Morristown facility. Economic development partners include Morristown Utility System, Morristown Area Chamber of...

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Parsons Corporation to Expand in Huntsville, Alabama

Parsons Corporation, a defense and intelligence contractor, announced plans to expand their presence in Huntsville, AL. Plans for the project include creating 198 new jobs and investing more than $5 million. Economic development partners include Huntsville Utilities, City of Huntsville, Alabama Department of Commerce, and the Huntsville-Madison County Chamber of Commerce. This project furthers TVA’s...

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