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.

05.4.22 | Newsroom

Steel Technologies announced plans to expand operations in Decatur, AL. Plans for the project include an additional 50 new jobs and an investment of $19 million.

Steel Technologies, a leading aluminum and steel processors in North America, announced plans to expand operations in Decatur, AL. Plans for the project include an additional 50 new jobs and an investment of $19 million. Economic Development partners include Joe Wheeler Electric Membership Corporation, Morgan County Economic Development Association, and the Alabama Department of Commerce. This project helps…

04.20.22 | Newsroom

Toyota Motor Manufacturing announced plans to invest $222 million in a new four-cylinder production line with the capacity to produce engines for both the combustion and hybrid electric powertrains at its Huntsville, Alabama, facility.

Toyota Motor Manufacturing, a global automotive manufacturer, announced plans to invest $222 million in a new four-cylinder production line with the capacity to produce engines for both the combustion and hybrid electric powertrains at its Huntsville, Alabama, facility. Economic Development partners include Huntsville Utilities, Huntsville-Madison County Chamber, City of Huntsville, and the Alabama Department of Commerce. This…

04.13.22 | Newsroom

Envision AESC announced plans to establish operations in Bowling Green, Kentucky.

Envision AESC, a world leading battery technology company for Electric Vehicles, announced plans to establish operations in Bowling Green, Kentucky. Plans for the project include creating 2,000 new jobs and investing $2 billion in the new state-of-the-art gigafactory, producing battery cells and modules to power next generation Electric Vehicles. Economic development partners include Warren Rural Electric Cooperative Corporation, Kentucky Cabinet…

04.5.22 | Newsroom

Dot Foods, Inc. announced plans to establish operations in Manchester, Tennessee.

Dot Foods, Inc., a food industry redistribution company, announced plans to establish operations in Manchester, Tennessee. Plans for the project include creating 170 new jobs and investing $50 million in its new Coffee County distribution center. Economic development partners include Duck River Electric Membership Corporation, Tennessee Department of Economic and Community Development, Middle Tennessee Industrial Development Association, and the…

03.29.22 | Newsroom

Baxter International Inc. announced plans to establish operations in Marshall County, Mississippi

Baxter International Inc., a provider of leading healthcare solutions, announced plans to establish operations in Marshall County, Mississippi. Plans for the project include creating 105 jobs and investing $11.6 million in the company’s distribution operations. Economic development partners include Northcentral Electric Cooperative, Mississippi Development Authority, Marshall County Industrial Development Authority and Marshall County.

03.29.22 | Newsroom

Ultimate Linings, LLC. announced plans to establish operations in Wilson County, Tennessee

Ultimate Linings, LLC, a global leader in protective coatings for the automotive industry, announced plans to establish operations in Wilson County, Tennessee. Plans for the project include creating 50 new jobs and investing $31 million in the company’s chemical manufacturing facility. Economic development partners include Middle Tennessee Electric, the Joint Economic and Community Development Board of Wilson County and…

03.28.22 | Newsroom

Permobil, Inc. announced plans to expand operations in Wilson County, Tennessee

Permobil, Inc., a global leader in innovative assistive technology, announced plans to expand operations in Wilson County, Tennessee. Plans for the project include adding 70 new jobs and investing $15 million to the company’s North American Headquarters facility. Economic development partners include Middle Tennessee Electric, the Joint Economic and Community Development Board of Wilson County and the Tennessee Department…

03.25.22 | Newsroom

GAN Corp. announced plans to expand its operations in Huntsville, Alabama

GAN Corp, an engineering and technology company, announced plans to expand its operations in Huntsville, Alabama. Plans for the project include creating 100 new jobs and investing $5 million in a new facility at the Cummings Research Park. Economic development partners include Huntsville Utilities, City of Huntsville, Huntsville-Madison County Chamber of Commerce, and the Alabama Department of Commerce. This…

03.17.22 | Newsroom

ATC Drivetrain announced plans to establish operations in Knoxville

ATC Drivetrain, a leading independent global remanufacturer of automotive drivetrain and powertrain systems, announced plans to establish operations in Knoxville. Plans for the project include creating more than 200 new jobs and investing $8.3 million as the company implements new technologies and capabilities in the market. Economic development partners include Knoxville Utilities Board, Knoxville Chamber, East Tennessee Economic Development…

03.10.22 | Newsroom

Noble Supply and Logistics announced plans to locate operations in Olive Branch, Mississippi

Noble Supply and Logistics, a global supply and logistics provider, announced plans to locate operations in Olive Branch, Mississippi. Plans for the project include creating 25 new jobs and investing $4 million in the company’s distribution hub. Economic development partners include Northcentral Electric Cooperative, Mississippi Development Authority, DeSoto County Economic Development Council, City of Olive Branch, and DeSoto County….

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News Index

Helix Electrical, manufacturer of electrical components and large modular assemblies, announces plans to establish operations at a groundbreaking in Jackson County, Alabama.

Helix Electrical, manufacturer of electrical components and large modular assemblies, announced plans to establish operations at a groundbreaking in Jackson County, Alabama. The company plans to create 160 jobs and invest $45M in its new Advanced Fabrication Campus. Economic development partners include North Alabama Electric Cooperative, Jackson County EDA, the Alabama Department of Commerce and TVA. This project furthers...

Valmont Industries, producer of engineered steel transmission, distribution and substation structures, announces plans to expand operations in Jasper, Tennessee.

Valmont Industries, a producer of engineered steel transmission, distribution and substation structures, announced plans to expand operations in Jasper, Tennessee. The company plans to create 84 new jobs and invest $45 million in its Marion County operations to support increased production. Economic development partners include Sequachee Valley Electric Cooperative, Marion County government, the Tennessee Department of Economic and Community...

ITT Goulds Pumps, global pump manufacturer, announces plans to establish operations in Memphis, Tennessee.

ITT Goulds Pumps, a global pump manufacturer, announced plans to establish operations in Memphis, Tennessee. The company plans to create 57 new jobs and invest $30 million in its new manufacturing and distribution center. Economic development partners include Memphis Light Gas and Water, the Greater Memphis Chamber, EDGE, the Tennessee Department of Economic and Community Development, and TVA. This...