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.

10.2.20 | Newsroom

Moldex-Metric, Inc. plans to locate operations in Wilson County, Tennessee

Moldex-Metric, Inc., a leading manufacturer of N95 respirators, announced plans to locate operations in Wilson County, Tennessee. Plans for the manufacturing operations include creating 200 new jobs and investing $25 million to meet market demand. Economic development partners include Middle Tennessee Electric, Joint Economic Development Board of Wilson County and Tennessee Department of Economic and…

09.28.20 | Newsroom

Mission Forest Products plans to locate operations in Corinth, Mississippi

Mission Forest Products, a producer of high-quality dimensional lumber products, announced plans to locate operations in Corinth, Mississippi. Plans for the state-of-the-art pine sawmill include $160 million capital investment and 130 new jobs with additional economic and employment opportunities for forest product firms in the region. Economic development partners include Alcorn County Electric Power, The…

09.28.20 | Newsroom

Torch Technologies plans to expand operations in Huntsville, Alabama

Torch Technologies, a technical services and solutions company, announced plans to expand operations in Huntsville, Alabama.  Plans for the project include creating 120 new jobs and investing $32.3 million to construct new lab, office, and manufacturing space.  Economic development partners include Huntsville Utilities, Huntsville-Madison County Chamber of Commerce, and the Alabama Department of Commerce.

09.22.20 | Newsroom

Homeland Vinyl plans to expand operations in Surgoinsville, Tennessee

Homeland Vinyl, a manufacturer of vinyl profiles, including fencing, rail and deck products, announced plans to expand operations in Surgoinsville, Tennessee. Plans for the project include creating 55 new jobs and investing $2.2 million to add multiple new extrusion lines and assembly line capabilities. Economic development partners include Holston Electric Cooperative, Hawkins County Industrial Development…

09.15.20 | Newsroom

Aphena Pharma Solutions, LLC plans to expand operations in Cookeville, Tennessee

Aphena Pharma Solutions, LLC, a leading pharmaceutical service provider specializing in packaging, announced plans to expand operations in Cookeville, Tennessee. Plans for the project include creating 160 new jobs and $21 million in capital investment to accommodate future growth at the Cookeville-based company. Economic development partners include Cookeville Electric Department, Tennessee Department of Economic and…

09.3.20 | Newsroom

General Atomics Electromagnetic Systems plans to expand operations in Lee County, Mississippi

General Atomics Electromagnetic Systems, a manufacturer of advanced technological components for the U.S. Department of Defense, announced plans to expand operations in Lee County, Mississippi. Plans for the project include creating 125 jobs and investing $39.5 million to increase the company’s high-tech manufacturing capabilities. Economic development partners include Tombigbee EPA, Mississippi Development Authority, Community Development…

08.19.20 | Newsroom

Southern Champion Tray plans to expand operations in Chattanooga, Tennessee

Southern Champion Tray, a paperboard packaging manufacturer, announced plans to expand operations in Chattanooga, Tennessee. Plans for the project include creating 120 new jobs and investing $85 million in its new facility to support new product lines, including tamper-evident packaging systems for restaurant and food delivery services. Economic development partners include EPB, Tennessee Department of…

News Index

Glaukos Corporation to Establish Operations in Huntsville, Alabama

Glaukos Corporation, a global ophthalmic pharmaceutical and medical technology company, announced plans to establish operations in Huntsville, Madison County, Alabama. Plans for the project include creating 154 new jobs and investing more than $82 million in the company’s research, development, and manufacturing facility. Economic development partners include Huntsville Utilities, Huntsville-Madison County Chamber of Commerce, City of Huntsville, Alabama Department of Commerce,...

Kitchen Food Co., Announces Plans to Establish Operations in Hopkinsville, Kentucky

Kitchen Food Co., a global prepared foods producer, announced plans to establish operations in Hopkinsville, Kentucky. The company plans to locate in the Hopkinsville-Christian County Spec Building, which was assisted by TVA InvestPrep program, creating 925 jobs and investing $69 million in the company’s new world-class facility. This project marks the largest job-creation announcement in...

Performance Food Group to Expand Operations in Hamblen County, Tennessee

Performance Food Group, a foodservice company, announced plans to expand operations in Hamblen County. Plans for the project include creating 37 new jobs and investing $33 million its Morristown facility. Economic development partners include Morristown Utilities, the Morristown Area Chamber of Commerce, and the Tennessee Department of Economic and Community Development. This project furthers TVA’s...