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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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06.16.21 | 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…
05.18.21 | Newsroom

Hydro-Gear announced plans to locate operations in Carroll County, Tennessee

Hydro-Gear, a manufacturer of power equipment drive systems, announced plans to locate operations in Carroll County, Tennessee. Plans for the project include creating 375 jobs and investing $10 million at the Huntingdon facility. Economic development partners include Carroll County Electric Department, Carroll County Chamber of Commerce, Carroll County Industrial Development Board, Carroll County, City of…
05.17.21 | Newsroom

Ascent Buildings, LLC announced plans to locate operations in Sumner County, Tennessee

Ascent Buildings, LLC, a full service, pre-engineered steel building manufacturer, announced plans to locate operations in Sumner County, Tennessee. Plans for the company’s headquarters and manufacturing operations include creating 120 jobs and investing $10 million at the Portland facility. Economic development partners include Cumberland Electric Membership Corporation, Tennessee Department of Economic and Community Development and…
05.13.21 | Newsroom

Troy Industries, Inc. announced plans to locate operations in Clarksville, Tennessee

Troy Industries, Inc., a small arms components and accessories manufacturer, announced plans to locate operations in Clarksville, Tennessee. Plans for the company’s headquarters and manufacturing operations include creating 75 jobs and investing $7.2 million. Economic development partners include Cumberland Electric Membership Corporation, Clarksville-Montgomery County Economic Development Council, and Tennessee Department of Economic and Community Development….
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News Index

Troax Group to Locate Operations in Portland, Tennessee

Troax Group, a wire mesh safety solutions manufacturer, announced plans to locate operations in Portland, Tennessee. Plans for the project include creating 120 new jobs and investing $23 million in the company’s Robertson County operations. Economic development partners include Cumberland Electric Membership Corporation, the City of Portland, Robertson County and the Tennessee Department of Economic...

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BWXT Enrichment Operations, LLC To Establish Operations in Oak Ridge, Tennessee

BWXT Enrichment Operations, LLC, a manufacturer of centrifuge assemblies, announced plans to establish operations in Oak Ridge, Tennessee. Plans for the project include creating 60 new jobs and investing $45 million to support the company’s long-term plan to support fuel production for the National Nuclear Security Administration’s defense program. Economic development partners include City of...

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Shinsung ST USA To Establish Operations in Simpson County, Kentucky

Shinsung ST USA, a leading innovator in energy storage solutions, announced plans to establish operations in Simpson County. Plans for the project include creating 100 new jobs and investing $53 million in the Franklin manufacturing operations. Economic development partners include Warren RECC, Franklin-Simpson County Industrial Development Authority and the Kentucky Cabinet for Economic Development. This...

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