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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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04.14.21 | Newsroom

LG Electronics announced plans to expand operations in Clarksville, Tennessee

LG Electronics, a world-leading home appliance manufacturer, announced plans to expand operations in Clarksville, Tennessee. Plans for the project include creating 334 new jobs and investing $20.5 million to meet unprecedented demand for the company’s top-rated washing machines. Economic development partners include Cumberland Electric Membership Corporation, Clarksville-Montgomery County Economic Development Council, and Tennessee Department of…
04.6.21 | Newsroom

BRS Offroad North America announced plans to establish operations in Lewis County, Tennessee

BRS Offroad North America, an offroad and luxury camper manufacturer, announced plans to establish operations in Lewis County, Tennessee. Plans for the company’s headquarters and manufacturing operations include investing $1.7 million and creating 115 new jobs at the Hohenwald facility. Economic development partners include Meriwether Lewis Electric Cooperative, City of Hohenwald, Lewis County, City of…
04.1.21 | Newsroom

Miller Industries announced plans to expand operations in Greeneville, Tennessee

Miller Industries, a towing and recovery equipment manufacturer, announced plans to expand operations in Greeneville, Tennessee. Plans for the project include creating 80 new jobs and investing $15 million to renovate and upgrade operations. Economic development partners include Greeneville Light & Power System, Greene County Partnership and Tennessee Department of Economic and Community Development. This…
03.23.21 | Newsroom

Alphatec Spine announced today the intention to lease a 75,000 square foot facility in Memphis, Tennessee

Alphatec Spine, a provider of innovative solutions dedicated to revolutionizing the approach to spine surgery, announced today the intention to lease a 75,000 square foot facility in Memphis, Tennessee, which will house ATEC’s primary distribution operations. Plans for the project include investing $3.5 million and creating 95 jobs. Economic development partners include EDGE, Greater Memphis…
03.22.21 | Newsroom

Choate Engineering Performance announced plans to establish operations in Hardeman County, Tennessee

Choate Engineering Performance, a manufacturer of engines and components for the automotive industry, announced plans to establish operations in Hardeman County, Tennessee. Plans for the project include investing $8 million and creating 100 jobs at the Bolivar facility. Economic development partners include Bolivar Energy Authority, City of Bolivar, Bolivar Industrial Development Board, Hardeman County and…
03.19.21 | Newsroom

Matalco Inc. announced plans to establish operations in Simpson County, Kentucky

Matalco Inc., a producer of aluminum products for manufacturing industries, announced plans to establish operations in Simpson County, Kentucky. Plans for the newly formed venture, Matalco Kentucky LLC, include creating 60 new jobs and investing $53.3 million to support growth and demand. Economic development partners include Franklin Electric Plant Board, Kentucky Cabinet for Economic Development…
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,…
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News Index

Troax Group to Locate Operations in Portland, Tennessee

Troax Group, a wire mesh safety solutions manufacturer, announced plans to locate operations in Portland, Tennessee. Plans for the project include creating 120 new jobs and investing $23 million in the company’s Robertson County operations. Economic development partners include Cumberland Electric Membership Corporation, the City of Portland, Robertson County and the Tennessee Department of Economic...

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BWXT Enrichment Operations, LLC To Establish Operations in Oak Ridge, Tennessee

BWXT Enrichment Operations, LLC, a manufacturer of centrifuge assemblies, announced plans to establish operations in Oak Ridge, Tennessee. Plans for the project include creating 60 new jobs and investing $45 million to support the company’s long-term plan to support fuel production for the National Nuclear Security Administration’s defense program. Economic development partners include City of...

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Shinsung ST USA To Establish Operations in Simpson County, Kentucky

Shinsung ST USA, a leading innovator in energy storage solutions, announced plans to establish operations in Simpson County. Plans for the project include creating 100 new jobs and investing $53 million in the Franklin manufacturing operations. Economic development partners include Warren RECC, Franklin-Simpson County Industrial Development Authority and the Kentucky Cabinet for Economic Development. This...

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