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.

11.2.21 | Newsroom

Tyson Foods announced plans to establish operations in Bowling Green, Kentucky

Tyson Foods, a world-leading protein company, announced plans to establish operations in Bowling Green, Kentucky. Plans for the project include creating 450 jobs and investing $355 million, the largest attraction project in the history of Bowling Green and Warren County. Economic development partners include Warren Rural Electric Cooperative Corporation, Kentucky Cabinet for Economic Development and the Bowling Green…

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…

10.14.21 | Newsroom

Northrop Grumman 500 new jobs

Northrop Grumman, an aerospace defense and technology company, announced plans to expand operations, opening a new facility in Huntsville, Alabama, to support the US Air Force’s Ground Based Strategic Deterrent program. Plans for the project include creating 500 new jobs. Economic development partners include Huntsville Utilities, City of Huntsville, Huntsville/Madison County Chamber, and the Alabama Department of…

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….

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News Index

Siemens Healthineers, a global technology company, announces plans to expand operations in Blount County, Tennessee.

Siemens Healthineers, a global technology company, announced plans to expand operations in Blount County, Tennessee. Plans for the project include creating more than 90 new jobs and investing $43.6 million in the company’s Molecular Imaging PET Detector Center for research and development and material production. Economic Development partners include Maryville Electric Department, the Tennessee Department of Economic and Community...

Dometic, a global outdoor technology company, announces plans to expand operations in Sparta, Tennessee.

Dometic, a global outdoor technology company, announced plans to expand operations in Sparta, Tennessee. Plans for the project include creating more than 90 new jobs at its White County manufacturing facility. Economic development partners include Sparta Electric & Public Works, the Highlands Economic Partnership, the Tennessee Department of Economic and Community Development, and TVA. This project furthers...

Solero Technologies, a leading global automotive supplier, announces plans to expand operations in Water Valley, Mississippi

Solero Technologies, a leading global automotive supplier, announced plans to expand operations in Water Valley, Mississippi. Plans for the project include creating 86 new jobs and investing $14 million to upgrade and add new lines at the company’s Yalobusha County operations. Economic development partners include Water Valley Utilities Commission, the city of Water Valley, Yalobusha County Economic Development District,...