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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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10.8.20 | Newsroom

Material Bank plans to locate operations in Olive Branch, Mississippi

Material Bank, the world’s largest material marketplace in the architecture, design and construction industry, announced plans to locate operations in Olive Branch, Mississippi. Plans for the distribution center include creating 300 jobs and investing $14.5 million to support the company’s growth. Economic development partners include Northcentral Electric Cooperative, city of Olive Branch, DeSoto County, DeSoto…
10.8.20 | Newsroom

Teknor Apex plans to expand operations in Brownsville, Tennessee

Teknor Apex, a global custom compound solutions provider, announced plans to expand operations in Brownsville, Tennessee. Plans for the project include creating 20 new jobs and investing $7.4 million to increase the company’s scope of products being produced at the Haywood County facility. Economic development partners include Brownsville Energy Authority, HTL Advantage, Brownsville-Haywood County Industrial…
10.7.20 | Newsroom

GEDIA Automotive Group plans to locate operations in Dalton, Georgia

GEDIA Automotive Group, a global advanced manufacturer for the automotive industry, announced plans to locate operations in Dalton, Georgia. Plans for the advanced manufacturing facility include creating 200 new jobs and $85 million in capital investment to produce components for electric vehicles. Economic development partners include North Georgia Electric Membership Corporation, Dalton-Whitfield County Joint Development…
10.6.20 | Newsroom

Nippon Express, USA plans to locate operations on the campus of Mazda-Toyota Manufacturing in Huntsville, Alabama

Nippon Express, USA, a supply chain services, company announced plans to locate operations on the campus of Mazda-Toyota Manufacturing in Huntsville, Alabama.  Plans for the project include creating 101 new jobs and investing $19 million to construct a new facility.  Economic development partners include City of Athens Electric Department, Huntsville-Madison County Chamber of Commerce, Limestone…
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…
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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...

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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...

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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...

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