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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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07.20.22 | 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…
06.3.22 | Newsroom

Ariens Company announced plans to locate operations in Lincoln County, Tennessee.

Ariens Company, a global outdoor power equipment manufacturer, announced plans to locate operations in Lincoln County, Tennessee. Plans for the project include creating 369 new jobs and investing $38 million to locate its new manufacturing and warehouse facility in Tennessee. Economic development partners include Fayetteville Public Utilities, Fayetteville-Lincoln County Industrial Development Board, Middle Tennessee Industrial Development Association and Tennessee…
05.26.22 | Newsroom

Hollobus Technologies announced plans to locate operations in Murray, Kentucky

Hollobus Technologies, Inc., manufacturer of electrical power distribution connectors, announced plans to locate operations in Murray, Kentucky, creating 150 new jobs and $2.25 million in capital investment. The investment will locate the company’s head office, primary manufacturing operation and an R&D facility. Economic development partners include Murray Electric Systems, Murray-Calloway County Economic Development Corporation, and the Kentucky Cabinet for Economic…
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News Index

Hadrian Announces New Operations in Colbert County, Alabama

Hadrian, a submarine components parts manufacturer, announced plans to establish operations in Colbert County, Alabama. Announced plans for the project include investing $2 billion and creating 1,000 new jobs at the company’s Sheffield operations. Economic development partners include Sheffield Utilities, Alabama Department of Commerce, Shoals Economic Development Authority, Colbert County and the City of Sheffield....

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Morgan Steel to Expand Operations in Memphis, Tennessee

Morgan Steel, a steel manufacturer and distributor, announced plans to expand operations in Memphis, Tennessee. Plans for the project include creating 119 new jobs and investing $11 million in the company’s Shelby County headquarters facility. Economic development partners include Memphis Light Gas and Water, the Tennessee Department of Economic and Community Development, Greater Memphis Chamber, and EDEGE. This project...

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Create Energy Announces Plans to Expand Operations in Robertson and Sumner Counties, Tennessee

Create Energy, U.S.-based renewable energy company, announced plans to expand operations in Robertson and Sumner Counties, Tennessee. Plans for the project include creating 973 jobs and investing $67 million in a new location announcement in Orlinda and creating 30 jobs and investing $2 million to expand its Portland location. Economic development partners include Cumberland Electric Membership Corporation, Tennessee Department...

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