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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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06.23.21 | Newsroom

NOVONIX announced plans to expand operations at its Chattanooga, Tennessee PUREgraphite facility

NOVONIX, a developer of anode material for the lithium-battery market, announced plans to expand operations at its Chattanooga, Tennessee PUREgraphite facility. Plans for the project include creating 290 jobs and investing $160 million to address the need for a US-based lithium-ion battery supply chain, specifically for electric vehicles and similar storage applications. Economic development partners…
06.21.21 | Newsroom

Edelbrock, LLC announced plans to locate its headquarter operations in Olive Branch, Mississippi

Edelbrock, LLC, a manufacturer of high-performance aftermarket engine components, announced plans to locate its headquarter operations in Olive Branch, Mississippi. Plans for the project include creating 200 new jobs and investing $14 million, while retaining the company’s distribution operations at the Olive Branch location. Economic development partners include Northcentral Electric Cooperative, DeSoto County Economic Development…
06.21.21 | Newsroom

Helen of Troy Limited announced plans to locate operations in Fayette County, Tennessee

Helen of Troy Limited, a leading designer and distributor of brand-name consumer products, announced plans to locate operations in Fayette County, Tennessee. Plans for project include creating 350 jobs at the new Gallaway distribution facility. Economic development partners include Chickasaw Electric Cooperative, Fayette County and Tennessee Department of Economic and Community Development. This project helps…
06.16.21 | Newsroom

Orbital Effects announced plans to expand in Huntsville, Alabama

Orbital Effects, a cutting-edge radar satellite technology company, announced plans to expand in Huntsville, Alabama. The company will create 25 new jobs at Huntsville’s Cummings Research Park. Economic development partners include Huntsville-Madison County Chamber, City of Huntsville, Huntsville Utilities, and the Alabama Department of Commerce. This project helps further TVA’s mission of service by improving…
06.10.21 | Newsroom

Walgreen Company announced plans to establish operations in Memphis, Tennessee

Walgreen Company, a leading pharmaceutical and wellness products provider, announced plans to establish operations in Memphis, Tennessee. Plans for the company’s advanced fulfillment center include creating 200 jobs and investing $30 million. Economic development partners include Memphis Light, Gas and Water, City of Memphis, Shelby County, Greater Memphis Chamber and Tennessee Department of Economic and…
06.9.21 | Newsroom

Simple Logistics Solutions (SiLo) announced plans to establish operations in Nashville, Tennessee

Simple Logistics Solutions (SiLo), a transportation freight broker, announced plans to establish operations in Nashville, Tennessee. Plans for the project include creating 92 jobs and investing $700,000 in its headquarters operations. Economic development partners include Nashville Electric Service, Nashville Area Chamber of Commerce, and Tennessee Department of Economic and Community Development. This project helps further…
06.8.21 | Newsroom

Advanex Americas announced plans to locate its headquarters and manufacturing operations in White House, Tennessee

Advanex Americas, a global precision spring and component parts manufacturer, announced plans to locate its headquarters and manufacturing operations in White House, Tennessee. Plans for the project include creating 102 jobs and investing $17 million to support production of the company’s products, which are used in a variety of industries from ballpoint pens to space…
05.26.21 | Newsroom

Safari Enterprises, LLC, announced plans to locate its headquarters and manufacturing operations to Macon County, Tennessee

Safari Enterprises, LLC, a leading manufacturer of two-seater helicopter kits, announced plans to locate its headquarters and manufacturing operations to Macon County, Tennessee. Plans for the project include creating 85 jobs and investing $7.5 million in the new facility at the Lafayette Municipal Airport. Economic development partners include Tri-County Electric Membership Corporation, Tennessee Central Economic…
05.19.21 | Newsroom

Amazon announced plans to establish a new fulfillment center in Huntsville, Alabama.

Amazon, a global electronic commerce and cloud computing company, announced plans to establish a new fulfillment center in Huntsville, Alabama. Plans for the project include creating 500 new jobs. Economic development partners include City of Athens Electric Department, Huntsville-Madison County Chamber of Commerce, Limestone County Economic Development Association, and the Alabama Department of Commerce. This…
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News Index

ROCKWOOL to Expand Operations in Marshall County, Mississippi

ROCKWOOL, an industrial insulation manufacturer, announced plans to expand operations in Marshall County, Mississippi. Plans for the project include creating 30 new jobs and investing more than $100 million in the company’s facility. Economic development partners include Northcentral Electric Cooperative, Mashall County Industrial Development Authority and Mississippi Development Authority. This project furthers TVA’s mission of...

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Charms LLC Announces Plans to Expand Operations in Tipton County, Tennessee

Charms LLC, a candy manufacturer, announced plans to expand operations in Tipton County, Tennessee. Plans for the project include creating 62 new jobs and investing $97.7 million in the company’s Covington location. Economic development partners include Covington Electric System, Tipton Count Community Development and the Tennessee Department of Economic and Community Development.  This project furthers...

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West Star Aviation to Expand in Hamilton County, Tennessee

West Star Aviation, an aircraft maintenance company, announced plans to expand operations in Hamilton County, Tennessee. Plans for the project include adding 200 new jobs and investing $32 million in the company’s Chattanooga manufacturing facility. Economic development partners include EPB, the City of Chattanooga, Hamilton County, Chattanooga Metropolitan Airport Authority and the Tennessee Department of...

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