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.

05.18.21 | 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….

05.12.21 | Newsroom

Roadtec, Inc. announced plans to expand its headquarters and manufacturing operations in Chattanooga, Tennessee

Roadtec, Inc. a paving equipment manufacturer, announced plans to expand its headquarters and manufacturing operations in Chattanooga, Tennessee. Plans for the project include creating 130 new jobs and investing $6.2 million to increase production. Economic development partners include EPB, Chattanooga Area Chamber of Commerce, City of Chattanooga, Hamilton County, and Tennessee Department of Economic and…

05.7.21 | Newsroom

JC Ford Company, announced plans to locate new operations in Columbia, Tennessee

JC Ford Company, leading automated equipment manufacturer, announced plans to locate new operations in Columbia, Tennessee. Plans for the project include investing $30 million and creating 210 new jobs in Maury County. Economic development partner include Columbia Power & Water Systems, Maury Alliance, Middle Tennessee Industrial Development Association, and Tennessee Department of Economic and Community…

05.4.21 | Newsroom

Lending Solutions, Inc. announced plans to establish new operations in Knoxville, Tennessee

Lending Solutions, Inc., a provider of lending center services and financial consulting programs, announced plans to establish new operations in Knoxville, Tennessee. Plans for the project include creating 265 jobs and investing $2 million in the call center operations. Economic development partners include Knoxville Utilities Board, Knoxville Chamber, City of Knoxville and Tennessee Department of…

04.27.21 | Newsroom

Robinson Manufacturing announced plans to expand operations in Rhea County, Tennessee

Robinson Manufacturing, a clothing manufacturer and distributor, announced plans to expand operations in Rhea County, Tennessee. Plans for the project include creating 91 new jobs and investing $15 million to support the company’s growth. Robinson Manufacturing has operated in Rhea County for 94 years. Economic development partners include City of Dayton Electric Department, Tennessee Department…

04.21.21 | Newsroom

Milwaukee Tool announced plans to expand operations in Grenada County, Mississippi

Milwaukee Tool, an industry-leading manufacturer of heavy-duty portable electric power tools and accessories, announced plans to expand operations in Grenada County, Mississippi. Plans for the project include creating 800 new jobs and investing $60 million in the company’s new manufacturing facility. Economic development partners include Tallahatchie Valley EPA, Greater Grenada Partnership, Grenada County officials, and…

04.20.21 | Newsroom

Company Distilling announced plans to establish operations in Blount County, Tennessee

Company Distilling, a bourbon-whiskey manufacturer, announced plans to establish operations in Blount County, Tennessee. Plans for the project include creating 60 new jobs and investing $20 million in the two multi-use facilities in Townsend and Alcoa. Economic development partners include Alcoa Electric Department, City of Alcoa, the Blount Partnership and Tennessee Department of Economic and…

04.20.21 | Newsroom

Memphis Contract Packaging announced plans to expand operations in Fayette County, Tennessee

Memphis Contract Packaging, a personal care product contract manufacturer, announced plans to expand operations in Fayette County, Tennessee. Plans for the project include creating 261 new jobs and investing $48 million to construct a new facility and add product lines to support growth. Economic development partners include Chickasaw Electric Cooperative, Fayette County, and Tennessee Department…

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News Index

Howmet Aerospace Inc., Announces Expansion in Morristown, Tennessee

Howmet Aerospace Inc., an international aerospace company, announced plans to expand operations in Morristown, Tennessee. Plans for the project include creating 217 new jobs at the company’s Hamblen County facility. Economic development partners include Morristown Utilities, the Morristown Area Chamber of Commerce, and the Tennessee Department of Economic and Community Development. This project furthers TVA’s...

Hyosung HICO to Expand Operations in Memphis, Tennessee

Hyosung HICO, a power transformer manufacturer, announced plans to expand operations in Memphis, Tennessee. Plans for the project include creating 120 new jobs and investing $51 million in the company’s U.S. manufacturing headquarters. Economic development partners include Memphis Light Gas and Water, the Greater Memphis Chamber, Memphis Shelby County EDGE and the Tennessee Department of...

GE Aerospace Announces Plans to Expand Operations in Batesville, Mississippi

GE Aerospace, an aerospace and defense company, announced plans to expand operations in Batesville, Mississippi. Plans for the project include creating 100 new jobs and investing $11 million as the company increases production at the Panola County site. Economic development partners include Tallahatchie Valley Electric Power Association, Panola Partnership, and the Mississippi Development Authority. This...