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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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10.4.21 | Newsroom

Harbor Steel & Supply Corp. announced plans to expand operations in Bowling Green, Kentucky

Harbor Steel & Supply Corp., a metals distributor and manufacturer, announced plans to expand operations in Bowling Green, Kentucky. Plans for the project include adding 25 new jobs and investing $8 million to support growth and meet supply demands. Economic development partners include Warren RECC, the Bowling Green Area Chamber of Commerce and Kentucky Cabinet for Economic Development. This…
09.30.21 | Newsroom

Smith & Wesson Brands, Inc. announced plans to locate operations and create hundreds of new jobs in Blount County, TN

Smith & Wesson Brands, Inc., a leading U.S. based firearms manufacturer, announced plans to locate operations and create hundreds of new jobs in Blount County, TN. Plans for the project include creating 750 jobs and investing $125 million in the company’s new headquarters, distribution, assembly and plastic injection molding operations. Economic development partners include City of Alcoa Utilities, Tennessee…
09.28.21 | Newsroom

Ford Motor Company announced plans to locate its new Electric Vehicle and battery plant in Stanton, Tennessee

Ford Motor Company, a leading American automotive manufacturer, along with SK Innovation announced plans to locate its new Electric Vehicle and battery plant in Stanton, Tennessee. Plans for the company’s largest, most advanced, most efficient auto production complex include creating nearly 6,000 jobs and investing $5.6 billion to build next-generation zero-emission vehicles on the nearly 6-square mile Memphis Regional Megasite. The…
09.24.21 | Newsroom

Florim USA, Inc. announced plans to expand operations at its Clarksville, Tennessee facility

Florim USA, Inc., a global leader in the ceramics industry, announced plans to expand operations at its Clarksville, Tennessee facility. Plans for the project include adding 30 new jobs and investing $35 million to increase production capabilities and offerings. Economic development partners include Cumberland Electric Membership Corporation, Clarksville-Montgomery County Economic Development Council, and Tennessee Department of Economic and Community…
09.24.21 | Newsroom

Load Covering Solutions Ltd. announced plans to establish operations in Cadiz, Kentucky

Load Covering Solutions Ltd., a producer and distributor of tarp systems for the commercial trucking industry, announced plans to establish operations in Cadiz, Kentucky. Plans for the project include creating 30 new jobs and investing $2 million it the Trigg County operations. Economic development partners include Pennyrile RECC, Southwestern Kentucky Economic Development Council, and the Kentucky Cabinet for Economic…
09.20.21 | Newsroom

Kelvion Inc., announced plans to expand operations in Knoxville, Tennessee

Kelvion Inc., global heat exchanger manufacturer, announced plans to expand operations in Knoxville, Tennessee. Plans for the project include creating 74 new jobs and investing $3.8 million to increase production. Economic development partners include Knoxville Utilities Board, Knoxville Chamber, East Tennessee Economic Development Agency, and Tennessee Department of Economic and Community Development. This project helps further TVA’s mission of…
09.8.21 | Newsroom

Shinhung Global USA Inc., announced plans to expand operations in Clarksville, Tennessee

Shinhung Global USA Inc., a global logistics company, announced plans to expand operations in Clarksville, Tennessee. Plans for the project include creating 80 new jobs and investing $10 million in the company’s sole U.S. facility. Economic development partners include Cumberland Electric Membership Corporation, Clarksville-Montgomery County Economic Development Council, and Tennessee Department of Economic and Community Development. This project furthers…
09.7.21 | Newsroom

Martinrea Hopkinsville, LLC

Martinrea Hopkinsville, LLC, an automotive supplier of lightweight structures and propulsion systems, announced plans to expand operations in Christian County, Kentucky. Plans for the project include adding 33 new jobs to the existing 515 workforce and investing $31 million to support the company’s growth. Economic development partners include Pennyrile RECC, Southwestern Kentucky Economic Development Council, City of Hopkinsville, Christian…
09.7.21 | Newsroom

Thermo Fisher Scientific announced plans to establish a new manufacturing facility in Wilson County, Tennessee

Thermo Fisher Scientific, a leading global life sciences company, announced plans to establish a new manufacturing facility in Wilson County, Tennessee. Plans for the project include creating 1,400 new jobs and investing $100 million in the Lebanon facility. Economic development partners include Middle Tennessee Electric, the Joint Economic & Community Development Board of Wilson County, and Tennessee Department of…
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News Index

Vibrant Health Products, Inc., To Establish its First U.S. Manufacturing Facility in Fayette County, Tennessee

Vibrant Health Products, Inc., an organic food products producer, announced plans to establish its first U.S. manufacturing facility in Fayette County, Tennessee. Plans for the project include creating 394 new jobs and investing $48.5 million in the company’s operations. Economic development partners include Chickasaw Electric Cooperative, Greater Memphis Chamber, City of Rossville, Fayette County and...

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Master Machine, LLC, To Expand Operations in Hamilton County

Master Machine, LLC, a system design and manufacturer of products primarily for nuclear-focused industries, announced plans to expand operations in Hamilton County. Plans for the project include creating 44 new jobs and investing $12 million in the company’s Chattanooga operations. Economic development partners include EPB, Chattanooga Area Chamber of Commerce, Hamilton County, the city of...

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Clayton Supply Announces Plan to Expand Operations in Hamblen County

Clayton Supply, a leading homebuilding company, announced plans to expand operations in Hamblen County. Plans for the project include creating 90 new jobs and investing $6.8 million in the Morristown facility. Economic development partners include Morristown Utilities, Morristown Area Chamber of Commerce, City of Morristown, Hamblen County and the Tennessee Department of Economic and Community...

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