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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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10.27.21 | Newsroom

Faurecia announced plans to expand operations in Spring Hill, Tennessee

Faurecia, an automotive components manufacturer, announced plans to expand operations in Spring Hill, Tennessee. Plans for the project include creating 170 new jobs and investing $18 million to expand operations and increase manufacturing capabilities to support production to several major OEMs. Economic development partners include Columbia Power & Water Systems, Maury Alliance, Middle Tennessee Industrial Development Association, and Tennessee…
10.22.21 | Newsroom

Lodge Manufacturing Company announced plans to expand its Marion County operations

Lodge Manufacturing Company, America’s oldest manufacturer of cast iron cookware, announced plans to expand its Marion County operations. Plans for this project include creating 239 jobs and investing $56 million to enhance production capabilities. Economic development partners include Sequachee Valley Electric Cooperative, Marion County Government, City of South Pittsburg Government, and Tennessee Department of Economic and Community Development. This…
10.20.21 | Newsroom

Steam Logistics announced plans to expand operations in Chattanooga

Steam Logistics, a third-party logistics company, announced plans to expand operations in Chattanooga. Plans for the project include creating 400 new jobs and investing nearly $7 million to support the Chattanooga-based company’s growth. Economic development partners include EPB, Chattanooga Area Chamber of Commerce, City of Chattanooga, Hamilton County and Tennessee Department of Economic and Community Development. This project furthers…
10.18.21 | Newsroom

Tull Brothers Inc. announced plans to expand operations in Corinth, Mississippi

Tull Brothers Inc., an industry-leading manufacturer and distributor of sustainable building opening solutions, announced plans to expand operations in Corinth, Mississippi. Plans for the project include investing $2 million, renovating an existing building and creating more than 15 jobs to support the company’s growth. Economic development partners include Alcorn County Electric Power Association, The Alliance, Alcorn County and Mississippi…
10.13.21 | Newsroom

Engineered Plastics Components, Inc. announced plans to expand operations at the company’s Bessemer, AL facility

Engineered Plastics Components, Inc., a thermal plastics automotive supplier, announced plans to expand operations at the company’s Bessemer, AL facility. Plans for the project include creating 75 jobs and investing $8 million.  Economic Development partners include Bessemer Electric Service, The City of Bessemer, Birmingham Business Alliance and the Alabama Department of Commerce. This project furthers TVA’s mission of…
10.7.21 | Newsroom

Firestone Building Products announced plans to expand operations in Nashville

Firestone Building Products, a leading manufacturer of roofing and building solutions,  announced plans to expand operations in Nashville. Plans for the project include creating 28 new jobs and investing $13 million to support the company headquarters expansion. Economic development partners include Nashville Electric Service, Nashville Area Chamber of Commerce and Tennessee Department of Economic and Community Development. This project…
10.6.21 | Newsroom

IMC Companies announced plans to expand its headquarters operations in Shelby County

IMC Companies, the largest marine drayage company in the U.S., announced plans to expand its headquarters operations in Shelby County. Plans for the project include creating 150 new jobs and investing $23 million to support the company’s growth. Economic development partners include MLGW, City of Collierville, Memphis / Shelby County EDGE, and Tennessee Department of Economic and Community Development….
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…
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News Index

Centrus to Expand in Oak Ridge, Tennessee

Centrus, the only uranium enrichment centrifuge manufacturing facility in the U.S., announced plans to expand operations in Oak Ridge, Tennessee. Plans for the project include creating 430 new jobs and investing more than $560 million to support large-scale restoration of uranium enrichment capability. Economic development partners include Oak Ridge Electric Department, the Tennessee Department of...

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Heil Trailer International Plans to Expand Operations in Athens, Tennessee

Heil Trailer International, a global manufacturer of specialty transport trailers, announced plans to expand operations in Athens, Tennessee. Plans for the project include creating 18 new jobs and investing $9.8 million following the securement of a U.S. Department of the Army contract for the company’s Tactical Fuel Distribution System. Economic development partners include the Athens...

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ALUKO Group Announces New Operations in Halls, Tennessee

ALUKO Group, a South Korean aluminum manufacturer, announced plans to establish operations in Halls, Tennessee. Plans for the project include creating 285 new jobs and investing $108 million in the Lauderdale County manufacturing facility. Economic development partners include Ripley Power & Light, Lauderdale County Economic and Community Development, Lauderdale County, and the Tennessee Department of...

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