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.

03.18.21 | Newsroom

NTT Data announced plans to establish its digital innovation center in Nashville, Tennessee

NTT Data, a global IT services provider, announced plans to establish its digital innovation center in Nashville, Tennessee. Plans for the project include creating 350 jobs and investing $9.9 million in the digital delivery center, including a focus on healthcare and manufacturing technology. Economic development partners include Nashville Electric Service, Nashville Area Chamber of Commerce,…

03.17.21 | Newsroom

Royal Canin announced plans to expand operations in Lebanon, Tennessee

Royal Canin, a Mars Petcare brand and global leader in pet health nutrition, announced plans to expand operations in Lebanon, Tennessee. Plans for the project include adding 90 new jobs and investing $200 million to support the company’s future growth. Economic development partners include Middle Tennessee Electric, Joint Economic and Community Development Board of Wilson…

02.3.21 | Newsroom

Electric Vehicle Fast Charging Network Coming to Tennessee

Electric Vehicle Fast Charging Network Coming to Tennessee Feb 3, 2021 KNOXVILLE, Tenn. ― The Tennessee Valley Authority and the Tennessee Department of Environment and Conservation announced Wednesday they are partnering to develop a statewide electric vehicle fast charging network to power the growth of EVs across Tennessee and reduce barriers to transportation electrification. TDEC…

12.9.20 | Newsroom

Confluent Medical plans to locate operations in Chattanooga, Tennessee

Confluent Medical, a manufacturer of high-performance medical tubing, announced plans to locate operations in Chattanooga, Tennessee. The company plans to invest $8.3 million to expand its medical manufacturing capabilities and create 80 new jobs. Economic development partners include EPB, Chattanooga Area Chamber of Commerce, Hamilton County Government, City of Chattanooga and Tennessee Department of Economic…

12.1.20 | Newsroom

Kimberly-Clark plans to expand operations in Corinth, Mississippi

Kimberly-Clark, a leading producer of essential home products, announced plans to expand operations in Corinth, Mississippi. Plans to expand capacity and bring new capabilities to support the company’s growth include adding 33 new jobs and investing $140 million. Economic development partners include Alcorn County Electric Power Association, The Alliance, Alcorn County, City of Corinth, and…

11.30.20 | Newsroom

Gestamp plans to expand its Chattanooga, Tennessee operations.

Gestamp, a leading automotive OEM supplier, announced plans to expand its Chattanooga, Tennessee operations. Plans for the project include creating 260 new jobs and investing nearly $95 million to upgrade facilities for increased capacity due to new electric vehicle production. Economic development partners include EPB, Chattanooga Area Chamber of Commerce, Hamilton County Government, City of…

11.23.20 | Newsroom

Kith Kitchens plans to establish operations in Florence, Alabama

Kith Kitchens, a quality cabinet design and manufacturer, announced plans to establish operations in Florence, Alabama. Plans for the new facility include creating 131 new jobs and investing $11 million. TVA’s InvestPrep program helped to develop the site, allowing Kith Kitchens to become operational and meet the company’s growing business demands. Economic Development partners include…

11.19.20 | Newsroom

August Bioservices, LLC plans to expand operations in Davidson County, Tennessee

August Bioservices, LLC, a contract development and manufacturing organization supporting the pharmaceutical industry, announced plans to expand operations in Davidson County, Tennessee. Plans for the project include creating 180 new jobs and investing $64.7 million in the company’s Nashville headquarters operations. Economic development partners include Nashville Electric Service, Nashville Area Chamber of Commerce and Tennessee…

11.18.20 | Newsroom

Stanley Engineered Fastening plans to expand operations in Hopkinsville, Kentucky

Stanley Engineered Fastening, a division of Stanley Black & Decker and producer of precision fasteners and other products, announced plans to expand operations in Hopkinsville, Kentucky. Plans for the project include adding 49 new jobs and investing $6 million at the Christian County facility. Economic development partners include Pennyrile Rural Electric Cooperative Corporation, Southwestern Kentucky…

11.18.20 | Newsroom

Genuine Parts Company plans to establish operations in Lebanon, Tennessee

Genuine Parts Company, a leading automotive and industrial parts distributor, announced plans to establish operations in Lebanon, Tennessee. Plans for the new distribution facility, which will supply auto parts to nearly 300 NAPA Auto Parts stores, include creating 250 jobs and investing $50 million. Economic development partners include Middle Tennessee Electric, Joint Community Development Board…

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News Index

ROCKWOOL to Expand Operations in Marshall County, Mississippi

ROCKWOOL, an industrial insulation manufacturer, announced plans to expand operations in Marshall County, Mississippi. Plans for the project include creating 30 new jobs and investing more than $100 million in the company’s facility. Economic development partners include Northcentral Electric Cooperative, Mashall County Industrial Development Authority and Mississippi Development Authority. This project furthers TVA’s mission of...

Charms LLC Announces Plans to Expand Operations in Tipton County, Tennessee

Charms LLC, a candy manufacturer, announced plans to expand operations in Tipton County, Tennessee. Plans for the project include creating 62 new jobs and investing $97.7 million in the company’s Covington location. Economic development partners include Covington Electric System, Tipton Count Community Development and the Tennessee Department of Economic and Community Development. This project furthers...

West Star Aviation to Expand in Hamilton County, Tennessee

West Star Aviation, an aircraft maintenance company, announced plans to expand operations in Hamilton County, Tennessee. Plans for the project include adding 200 new jobs and investing $32 million in the company’s Chattanooga manufacturing facility. Economic development partners include EPB, the City of Chattanooga, Hamilton County, Chattanooga Metropolitan Airport Authority and the Tennessee Department of...