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.

03.29.22 | Newsroom

Baxter International Inc. announced plans to establish operations in Marshall County, Mississippi

Baxter International Inc., a provider of leading healthcare solutions, announced plans to establish operations in Marshall County, Mississippi. Plans for the project include creating 105 jobs and investing $11.6 million in the company’s distribution operations. Economic development partners include Northcentral Electric Cooperative, Mississippi Development Authority, Marshall County Industrial Development Authority and Marshall County.

03.29.22 | Newsroom

Ultimate Linings, LLC. announced plans to establish operations in Wilson County, Tennessee

Ultimate Linings, LLC, a global leader in protective coatings for the automotive industry, announced plans to establish operations in Wilson County, Tennessee. Plans for the project include creating 50 new jobs and investing $31 million in the company’s chemical manufacturing facility. Economic development partners include Middle Tennessee Electric, the Joint Economic and Community Development Board of Wilson County and…

03.28.22 | Newsroom

Permobil, Inc. announced plans to expand operations in Wilson County, Tennessee

Permobil, Inc., a global leader in innovative assistive technology, announced plans to expand operations in Wilson County, Tennessee. Plans for the project include adding 70 new jobs and investing $15 million to the company’s North American Headquarters facility. Economic development partners include Middle Tennessee Electric, the Joint Economic and Community Development Board of Wilson County and the Tennessee Department…

03.25.22 | Newsroom

GAN Corp. announced plans to expand its operations in Huntsville, Alabama

GAN Corp, an engineering and technology company, announced plans to expand its operations in Huntsville, Alabama.  Plans for the project include creating 100 new jobs and investing $5 million in a new facility at the Cummings Research Park.  Economic development partners include Huntsville Utilities, City of Huntsville, Huntsville-Madison County Chamber of Commerce, and the Alabama Department of Commerce.  This…

03.17.22 | Newsroom

ATC Drivetrain announced plans to establish operations in Knoxville

ATC Drivetrain, a leading independent global remanufacturer of automotive drivetrain and powertrain systems, announced plans to establish operations in Knoxville. Plans for the project include creating more than 200 new jobs and investing $8.3 million as the company implements new technologies and capabilities in the market. Economic development partners include Knoxville Utilities Board, Knoxville Chamber, East Tennessee Economic Development…

03.10.22 | Newsroom

Noble Supply and Logistics announced plans to locate operations in Olive Branch, Mississippi

Noble Supply and Logistics, a global supply and logistics provider, announced plans to locate operations in Olive Branch, Mississippi. Plans for the project include creating 25 new jobs and investing $4 million in the company’s distribution hub. Economic development partners include Northcentral Electric Cooperative, Mississippi Development Authority, DeSoto County Economic Development Council, City of Olive Branch, and DeSoto County….

03.4.22 | Newsroom

Ultra Safe Nuclear Corporation, announced plans to locate operations in Roane County, Tennessee

Ultra Safe Nuclear Corporation, a manufacturer of inherently safe nuclear fuels, announced plans to locate operations in Roane County, Tennessee. Plans for the project include creating 31 new jobs and investing $13 million at the pilot facility which will specialize in manufacturing the company’s Fully Ceramic Microencapsulated nuclear fuel and refractory ceramic materials. Economic development partners include Oak Ridge…

02.23.22 | Newsroom

Iron Galaxy Studios, LLC, announced plans to locate operations in Nashville, TN

Iron Galaxy Studios, LLC, a top independent video game developer, announced plans to locate operations in Nashville, TN. Plans for the project include creating 108 new tech jobs at its Nashville game development studio. Economic development partners include Nashville Electric System, Nashville Area Chamber of Commerce, Nashville Technology Council, and Tennessee Department of Economic and Community Development….

02.22.22 | Newsroom

Wall Innovations, LLC, announced plans to establish operations in Hardeman County

Wall Innovations, LLC, an aluminum door and window manufacturer, announced plans to establish operations in Hardeman County. Plans for the company’s U.S. manufacturing and distribution operations include creating 72 new jobs and investing $6.4 million. Economic development partners include Bolivar Energy Authority, City of Bolivar, Hardeman County and Tennessee Department of Economic and Community Development.

02.22.22 | Newsroom

Chick-fil-A Supply announced plans to locate operations in Antioch, Tennessee

Chick-fil-A Supply, an innovative distribution service provider, announced plans to locate operations in Antioch, Tennessee. Plans for the distribution service provider include creating 45 new jobs and investing $16.3 million to support operations, ensuring Chick-fil-A restaurants have the food and products needed to serve its customers. Economic development partners include Nashville Electric Service, Nashville Area Chamber of Commerce and…

News Index

Eli Lilly Announces Plans to Establish Operations in Huntsville, Alabama

Eli Lilly, a leading pharmaceutical company, announced plans to establish operations in Huntsville, Alabama. Plans for the advanced manufacturing facility include creating 450 new quality jobs and investing $6 billion, which represents the largest initial investment in the state’s history. Economic development partners include Alabama Department of Commerce, Athens Utilities, Huntsville-Madison County Chamber of Commerce,...

Toyota to Expand its U.S. Manufacturing Presence in Jackson, Tennessee and Blue Springs, Mississippi

Toyota, a global automotive manufacturer, announced plans to expand its U.S. manufacturing presence, including two locations within TVA’s footprint. Toyota announced plans to invest $125 million in the company’s Blue Springs, Mississippi facility and $71.4 million along with 33 new jobs at its casting plant in Jackson, Tennessee. Economic development partners include Mississippi Development Authority,...

Hyosung HICO Announces Expansion in Memphis, Tennessee

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...