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.

11.1.21 | Newsroom

Voyant Beauty announced plans to expand operations in Olive Branch, Mississippi

Voyant Beauty, a leading manufacturer of beauty and personal care products, announced plans to expand operations in Olive Branch, Mississippi. Plans for the project include adding 80 new jobs and investing $13 million to increase capacity and expand product lines. Economic development partners include Northcentral Electric Cooperative, DeSoto County Economic Development Council, DeSoto County officials and Mississippi Development Authority….

10.27.21 | Newsroom

Faurecia announced plans to expand operations in Spring Hill, Tennessee

Faurecia, an automotive components manufacturer, announced plans to expand operations in Spring Hill, Tennessee. Plans for the project include creating 170 new jobs and investing $18 million to expand operations and increase manufacturing capabilities to support production to several major OEMs. Economic development partners include Columbia Power & Water Systems, Maury Alliance, Middle Tennessee Industrial Development Association, and Tennessee…

10.22.21 | Newsroom

Lodge Manufacturing Company announced plans to expand its Marion County operations

Lodge Manufacturing Company, America’s oldest manufacturer of cast iron cookware, announced plans to expand its Marion County operations. Plans for this project include creating 239 jobs and investing $56 million to enhance production capabilities. Economic development partners include Sequachee Valley Electric Cooperative, Marion County Government, City of South Pittsburg Government, and Tennessee Department of Economic and Community Development. This…

10.20.21 | Newsroom

Steam Logistics announced plans to expand operations in Chattanooga

Steam Logistics, a third-party logistics company, announced plans to expand operations in Chattanooga. Plans for the project include creating 400 new jobs and investing nearly $7 million to support the Chattanooga-based company’s growth. Economic development partners include EPB, Chattanooga Area Chamber of Commerce, City of Chattanooga, Hamilton County and Tennessee Department of Economic and Community Development. This project furthers…

10.18.21 | Newsroom

Tull Brothers Inc. announced plans to expand operations in Corinth, Mississippi

Tull Brothers Inc., an industry-leading manufacturer and distributor of sustainable building opening solutions, announced plans to expand operations in Corinth, Mississippi. Plans for the project include investing $2 million, renovating an existing building and creating more than 15 jobs to support the company’s growth. Economic development partners include Alcorn County Electric Power Association, The Alliance, Alcorn County and Mississippi…

10.13.21 | Newsroom

Engineered Plastics Components, Inc. announced plans to expand operations at the company’s Bessemer, AL facility

Engineered Plastics Components, Inc., a thermal plastics automotive supplier, announced plans to expand operations at the company’s Bessemer, AL facility. Plans for the project include creating 75 jobs and investing $8 million.  Economic Development partners include Bessemer Electric Service, The City of Bessemer, Birmingham Business Alliance and the Alabama Department of Commerce. This project furthers TVA’s mission of…

10.7.21 | Newsroom

Firestone Building Products announced plans to expand operations in Nashville

Firestone Building Products, a leading manufacturer of roofing and building solutions,  announced plans to expand operations in Nashville. Plans for the project include creating 28 new jobs and investing $13 million to support the company headquarters expansion. Economic development partners include Nashville Electric Service, Nashville Area Chamber of Commerce and Tennessee Department of Economic and Community Development. This project…

10.6.21 | Newsroom

IMC Companies announced plans to expand its headquarters operations in Shelby County

IMC Companies, the largest marine drayage company in the U.S., announced plans to expand its headquarters operations in Shelby County. Plans for the project include creating 150 new jobs and investing $23 million to support the company’s growth. Economic development partners include MLGW, City of Collierville, Memphis / Shelby County EDGE, and Tennessee Department of Economic and Community Development….

10.4.21 | Newsroom

Harbor Steel & Supply Corp. announced plans to expand operations in Bowling Green, Kentucky

Harbor Steel & Supply Corp., a metals distributor and manufacturer, announced plans to expand operations in Bowling Green, Kentucky. Plans for the project include adding 25 new jobs and investing $8 million to support growth and meet supply demands. Economic development partners include Warren RECC, the Bowling Green Area Chamber of Commerce and Kentucky Cabinet for Economic Development. This…

News Index

Aluminum Dynamics, an aluminum recycling and manufacturing company announces plans to develop a recycled aluminum slab center in Lowndes County, Mississippi.

Aluminum Dynamics, an aluminum recycling and manufacturing company announced plans to develop a recycled aluminum slab center in Lowndes County, Mississippi. Plans for the project include creating 100 new jobs and investing more than $200M in the company’s operations. Economic development partners include 4-County EPA, Mississippi Development Authority, Golden Triangle Development LINK, and TVA. This project furthers TVA’s mission of service to help improve the quality of life for...

TRISO-X, a nuclear fuel company, announces plans to expand operations in Roane County, Tennessee.

TRISO-X, a nuclear fuel company, announced plans to expand operations in Roane County, Tennessee. The companyplans to create 1,140 new jobs and invest hundreds of millions of dollars in the new fuel facility, research and development center. Economic development partners include City of Oak Ridge Electric Department, Tennessee Department of Economic and Community Development, U.S. Department of Energy, East Tennessee Economic Development Agency, Roane County,...

Jabil, a global engineering, supply chain and manufacturing solutions provider, announced plans to open a new facility in Marshall County, Mississippi.

Jabil, a global engineering, supply chain and manufacturing solutions provider, announced plans to open a new facility in Marshall County, Mississippi. The company plans to create approximately 2,200 new jobs and invest more than $119 million in its operations. Economic development partners include Northcentral Electric Cooperative, Mississippi Development Authority, Marshall County Industrial Development Authority, Accelerate MS, and TVA. This project...