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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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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…
07.20.22 | Newsroom

Multi-Color Corporation announced plans to expand operations in Bowling Green, Kentucky.

Multi-Color Corporation, a commercial printer, announced plans to expand operations in Bowling Green, Kentucky. Plans for the project include the creation of 60 new jobs and investing $4.8 million as the company rebrands and expands its Bowling Green facility. Economic development partners include Warren RECC, Bowling Green Chamber of Commerce and Kentucky Cabinet for Economic Development.
07.19.22 | Newsroom

TechnologyAdvice, LLC announced plans to expand operations in Nashville, Tennessee.

TechnologyAdvice, LLC, a business-to-business technology marketing platform, announced plans to expand operations in Nashville, Tennessee. Plans for the project include creating 350 new jobs and investing $2.7 million as the company expands its headquarters and other back-office functions in Nashville. Economic development partners include Nashville Electric Service, Nashville Area Chamber and Tennessee Department of Economic and Community Development.
07.18.22 | Newsroom

Altex Tube LLC announced plans to locate operations in Columbus, Mississippi.

Altex Tube LLC, a steel tubing manufacturer, announced plans to locate operations in Columbus, Mississippi. Plans for the project include the creation of 58 new jobs and $110 million investment as the company locates on the Steel Dynamics campus in Lowndes County. Economic development partners include 4-County Electric Power Association, Golden Triangle Development Link and Mississippi Development Authority.
07.12.22 | Newsroom

Columbia Industries, LLC, announced plans to locate operations in Starkville, Mississippi.

Columbia Industries, LLC, a heavy equipment manufacturer, announced plans to locate operations in Starkville, Mississippi. Plans for the project include creating 62 jobs and investing $9.5 million in the company’s operations. Economic development partners include Starkville Utilities, Golden Triangle Development Link, and Mississippi Development Authority. This project furthers TVA’s mission to help improve the quality of life for the…
06.30.22 | Newsroom

Toast, Inc. announced plans to establish operations in Davidson County.

Toast, Inc., a digital platform for the restaurant industry, announced plans to establish operations in Davidson County. Plans for the company’s new configuration facility include creating more than 100 new jobs in the region. Economic development partners include Nashville Electric Service, Nashville Area Chamber, and Tennessee Department of Economic and Community Development. This project helps further TVA’s…
06.22.22 | Newsroom

Rockford Spring Company announced plans to locate operations in Marshall County, Tennessee

Rockford Spring Company, a custom spring and wire manufacturer, announced plans to locate operations in Marshall County, Tennessee. Plans for the project include creating 62 new jobs and investing $10 million as the company establishes manufacturing operations in Lewisburg. Economic development partners include Lewisburg Electric System, Middle Tennessee Industrial Development Association, Marshall County Joint Economic and Community Development Board,…
06.14.22 | Newsroom

Meta (formerly known as Facebook) announced plans to expand its data center operations in Huntsville, AL and Gallatin, TN.

  Meta (formerly known as Facebook) announced plans to expand its data center operations in Huntsville, AL and Gallatin, TN.  Plans for the projects include a combined investment of $950 million and an additional 200 jobs. The projects bring Meta’s total investment in the Valley to $2.5 billion and 400 jobs across both facilities. Economic development partners include Gallatin…
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News Index

Centrus to Expand in Oak Ridge, Tennessee

Centrus, the only uranium enrichment centrifuge manufacturing facility in the U.S., announced plans to expand operations in Oak Ridge, Tennessee. Plans for the project include creating 430 new jobs and investing more than $560 million to support large-scale restoration of uranium enrichment capability. Economic development partners include Oak Ridge Electric Department, the Tennessee Department of...

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Heil Trailer International Plans to Expand Operations in Athens, Tennessee

Heil Trailer International, a global manufacturer of specialty transport trailers, announced plans to expand operations in Athens, Tennessee. Plans for the project include creating 18 new jobs and investing $9.8 million following the securement of a U.S. Department of the Army contract for the company’s Tactical Fuel Distribution System. Economic development partners include the Athens...

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ALUKO Group Announces New Operations in Halls, Tennessee

ALUKO Group, a South Korean aluminum manufacturer, announced plans to establish operations in Halls, Tennessee. Plans for the project include creating 285 new jobs and investing $108 million in the Lauderdale County manufacturing facility. Economic development partners include Ripley Power & Light, Lauderdale County Economic and Community Development, Lauderdale County, and the Tennessee Department of...

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