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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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10.4.21 | 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…
09.30.21 | Newsroom

Smith & Wesson Brands, Inc. announced plans to locate operations and create hundreds of new jobs in Blount County, TN

Smith & Wesson Brands, Inc., a leading U.S. based firearms manufacturer, announced plans to locate operations and create hundreds of new jobs in Blount County, TN. Plans for the project include creating 750 jobs and investing $125 million in the company’s new headquarters, distribution, assembly and plastic injection molding operations. Economic development partners include City of Alcoa Utilities, Tennessee…
09.28.21 | Newsroom

Ford Motor Company announced plans to locate its new Electric Vehicle and battery plant in Stanton, Tennessee

Ford Motor Company, a leading American automotive manufacturer, along with SK Innovation announced plans to locate its new Electric Vehicle and battery plant in Stanton, Tennessee. Plans for the company’s largest, most advanced, most efficient auto production complex include creating nearly 6,000 jobs and investing $5.6 billion to build next-generation zero-emission vehicles on the nearly 6-square mile Memphis Regional Megasite. The…
09.24.21 | Newsroom

Florim USA, Inc. announced plans to expand operations at its Clarksville, Tennessee facility

Florim USA, Inc., a global leader in the ceramics industry, announced plans to expand operations at its Clarksville, Tennessee facility. Plans for the project include adding 30 new jobs and investing $35 million to increase production capabilities and offerings. Economic development partners include Cumberland Electric Membership Corporation, Clarksville-Montgomery County Economic Development Council, and Tennessee Department of Economic and Community…
09.24.21 | Newsroom

Load Covering Solutions Ltd. announced plans to establish operations in Cadiz, Kentucky

Load Covering Solutions Ltd., a producer and distributor of tarp systems for the commercial trucking industry, announced plans to establish operations in Cadiz, Kentucky. Plans for the project include creating 30 new jobs and investing $2 million it the Trigg County operations. Economic development partners include Pennyrile RECC, Southwestern Kentucky Economic Development Council, and the Kentucky Cabinet for Economic…
09.20.21 | Newsroom

Kelvion Inc., announced plans to expand operations in Knoxville, Tennessee

Kelvion Inc., global heat exchanger manufacturer, announced plans to expand operations in Knoxville, Tennessee. Plans for the project include creating 74 new jobs and investing $3.8 million to increase production. Economic development partners include Knoxville Utilities Board, Knoxville Chamber, East Tennessee Economic Development Agency, and Tennessee Department of Economic and Community Development. This project helps further TVA’s mission of…
09.8.21 | Newsroom

Shinhung Global USA Inc., announced plans to expand operations in Clarksville, Tennessee

Shinhung Global USA Inc., a global logistics company, announced plans to expand operations in Clarksville, Tennessee. Plans for the project include creating 80 new jobs and investing $10 million in the company’s sole U.S. facility. Economic development partners include Cumberland Electric Membership Corporation, Clarksville-Montgomery County Economic Development Council, and Tennessee Department of Economic and Community Development. This project furthers…
09.7.21 | Newsroom

Martinrea Hopkinsville, LLC

Martinrea Hopkinsville, LLC, an automotive supplier of lightweight structures and propulsion systems, announced plans to expand operations in Christian County, Kentucky. Plans for the project include adding 33 new jobs to the existing 515 workforce and investing $31 million to support the company’s growth. Economic development partners include Pennyrile RECC, Southwestern Kentucky Economic Development Council, City of Hopkinsville, Christian…
09.7.21 | Newsroom

Thermo Fisher Scientific announced plans to establish a new manufacturing facility in Wilson County, Tennessee

Thermo Fisher Scientific, a leading global life sciences company, announced plans to establish a new manufacturing facility in Wilson County, Tennessee. Plans for the project include creating 1,400 new jobs and investing $100 million in the Lebanon facility. Economic development partners include Middle Tennessee Electric, the Joint Economic & Community Development Board of Wilson County, and Tennessee Department of…
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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...

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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...

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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,...

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