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.

01.12.22 | Newsroom

Novelis announced plans to expand its recently opened operations in Guthrie, Kentucky

Novelis, an aluminum producer and recycler, announced plans to expand its recently opened operations in Guthrie, Kentucky. Plans for the project include creating 140 new jobs and investing $365 million to increase capacity to serve the automotive market. Economic development partners include Pennyrile RECC, the Kentucky Cabinet of Economic Development, Southwestern Kentucky Economic Development Kentucky Economic Development Council, Todd…

01.12.22 | Newsroom

REI Co-op announced plans to establish operations in Lebanon, Tennessee

REI Co-op, the nation’s largest consumer co-op and specialty outdoor retailer, announced plans to establish operations in Lebanon, Tennessee. Plans for the project include creating 280 new jobs at the company’s new distribution center. Economic development partners include Middle Tennessee Electric, Joint Economic and Community Development Board of Wilson County, and Tennessee Department of Economic and Community…

12.13.21 | Newsroom

West Star Aviation announced plans to expand operations in Chattanooga, TN

West Star Aviation, a full-service aircraft maintenance, repair and overhaul company, announced plans to expand operations in Chattanooga, TN. Plans for the project include creating 100 jobs and investing $17 million in the Hamilton County facility to support growth. Economic development partners include EPB and Tennessee Department of Economic and Community Development. This project furthers TVA’s mission of service…

12.7.21 | Newsroom

Sinova Global announced plans to establish operations in Lake County, Tennessee

Sinova Global, a silicon metal producer, announced plans to establish operations in Lake County, Tennessee. Plans for the project include creating 140 new jobs and investing $150 million in the new state-of-the-art silicon metal refining plant. The silicon metal produced at the Tiptonville plant will be used to manufacture silicone anode batteries, solar cells, semiconductors and aluminum and is…

12.6.21 | Newsroom

Nashville Box, LLC announced plans to locate operations in Lebanon, Tennessee

Nashville Box, LLC, a corrugated box manufacturer, announced plans to locate operations in Lebanon, Tennessee. Plans for the project include creating 48 new jobs  and investing $3.3 million to support growth and service businesses with high volume corrugated packaging needs. Economic development partners include Middle Tennessee Electric, Joint Economic and Community Development Board of Wilson County, and Tennessee Department…

11.30.21 | Newsroom

Anatolia Granite and Marble Corp announced plans to expand operations in Putnam County, Tennessee

Anatolia Granite and Marble Corp, a natural stone, glass and metal manufacturer, announced plans to expand operations in Putnam County, Tennessee. Plans for the project include creating 40 new jobs and investing $567,000 in the Baxter facility. Economic development partners include Upper Cumberland Electric Membership Corporation, City of Baxter, Highlands Economic Partnership, Upper Cumberland Development District, Small Business Center…

11.29.21 | Newsroom

Bioventus announced plans to expand operations in Shelby County

Bioventus, a global medical device manufacturer, announced plans to expand operations in Shelby County. Plans for the project include creating 40 new jobs and investing $9 million to meet growing customer demands and expand product portfolio at the Cordova facility. Economic development partners include Memphis Light Gas and Water, the Memphis Chamber, Memphis/Shelby County EDGE, and Tennessee Department of…

11.24.21 | Newsroom

VP Racing Fuels announced plans to expand operations in Carroll County

VP Racing Fuels, a race fuel manufacturer and distributor, announced plans to expand operations in Carroll County. Plans for the project include investing $14.2  million and creating 150 new jobs across its existing facility and establishing a new location in Carroll County. Economic development partners include Carroll County Electric Department, City of McKenzie, Carroll County and Tennessee Department of…

11.22.21 | Newsroom

86 Pearson Lane, LLC announced plans to establish operations in Lexington, Tennessee

86 Pearson Lane, LLC, a startup heat exchange manufacturer, announced plans to establish operations in Lexington, Tennessee. Plans for the company’s first location include creating 150 jobs and investing $16 million in Henderson County. Economic development partners include Lexington Electric System, Tennessee Department of Economic and Community Development, City of Lexington and Henderson County. This project further TVA’s mission…

11.12.21 | Newsroom

Cerrowire announced plans to establish a new metal clad cable manufacturing facility in Hartselle, Alabama

Cerrowire, a leading U.S. manufacturer of cooper building wire, announced plans to establish a new metal clad cable manufacturing facility in Hartselle, Alabama.  Plans for the project include creating 130 new jobs and investing $100 million at the facility.  Economic development partners include Joe Wheeler EMC, Morgan County Economic Development Association, and the Alabama Department of Commerce. …

News Index

Kyoto Fusioneering announces plans to establish operations in Oak Ridge, Tennessee.

Kyoto Fusioneering, a premier fusion technology and integrated systems developer, announced plans to establish operations in Oak Ridge, Tennessee. Plans for this project include creating 51 new jobs and investing $47 million in the company’s U.S. headquarters operations in Anderson County. Economic development partners include Oak Ridge Electric Department, Oak Ridge National Laboratory, U.S. Department of Energy, City of...

Traxion Materials, a tire recycling company, announces plans to expand operations in Campbell County, Tennessee.

Traxion Materials, a tire recycling company, announced plans to expand operations in Campbell County, Tennessee. The company plans to create 49 new jobs and invest $5 million to expand its Jacksboro recycling and upcycling operations. Economic development partners include LaFollette Utilities Board, the Tennessee Department of Economic and Community Development, East Tennessee Economic Development Agency, Campbell County Industrial Board,...

Energizing Tennessee: Recruiting for the Nuclear Renaissance with Derrick Collins, TVA

Advanced energy 🤝 economic development. Derrick Collins, Regional Economic Development Consultant for the Tennessee Valley Authority joins Energizing Tennessee to discuss: Click here to listen. About Energizing Tennessee: Energizing Tennessee, powered by the Tennessee Advanced Energy Business Council, explores the latest news and insights about the advanced energy sector. Hear from advanced energy leaders and experts...