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.

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…

08.30.21 | Newsroom

KBR, Inc., plans to expand its operations in Huntsville, Alabama

KBR, Inc., which provides engineering, scientific and technical services to the defense and aerospace industries, announced plans to expand its operations in Huntsville, Alabama. Plans for the project include creating 160 new jobs to support the company’s growth. Economic development partners include, Huntsville-Madison County Chamber, Huntsville Utilities, and the Alabama Department of Commerce. This project…

08.26.21 | Newsroom

IGT Technologies, Inc., announced plans to expand operations in Knoxville, Tennessee

IGT Technologies, Inc., a technology and business process management company, announced plans to expand operations in Knoxville, Tennessee. Plans for the project include creating 200 new jobs and investing $3.9 million to support the company’s growth. Economic development partners include, Knoxville Utilities Board, Knoxville Chamber, East Tennessee Economic Development Agency, University of Tennessee, Pellissippi State Community College, and Tennessee…

08.25.21 | Newsroom

Sungwoo Hitech America Corp announced plans to locate its first U.S. manufacturing operations in Washington County, Tennessee

Sungwoo Hitech America Corp, a global automotive supplier, announced plans to locate its first U.S. manufacturing operations in Washington County, Tennessee. Plans for the project include creating 117 jobs and investing $40 million in the Telford facility. Economic development partners include BrightRidge, Northeast Tennessee Regional Economic Partnership, Town of Jonesborough, Washington County and Tennessee Department of Economic and Community…

08.18.21 | Newsroom

Amazon nnounced plans to establish a new, state-of-the-art fulfillment center in Clarksville, Tennessee

Amazon, a global electronic commerce and cloud computing company, announced plans to establish a new, state-of-the-art fulfillment center in Clarksville, Tennessee. Plans for the project include creating 500 new jobs at the facility, which will also house innovative Amazon technologies and energy efficient, zero-emission power industrialized truck equipment. Economic development partners include Cumberland Electric Membership Corporation, Clarksville-Montgomery…

08.10.21 | Newsroom

Bilstein Cold Rolled Steel LP announced plans to expand operations in Bowling Green, Kentucky

Bilstein Cold Rolled Steel LP, a global fabricated metals manufacturer, announced plans to expand operations in Bowling Green, Kentucky. Plans for the project include investing $17.8 million to support the company’s growth and additional facility space. Economic development partners include Warren Rural Electric Cooperative Corporation, the Bowling Green Area Chamber of Commerce, and the Kentucky Cabinet for…

08.5.21 | Newsroom

Oldcastle APG announced plans to expand operations in Clarksville, Tennessee

Oldcastle APG, North America’s leading manufacturer of concrete building and hardscape products, announced plans to expand operations in Clarksville, Tennessee. Plans for the project include creating 45 new jobs and investing more than $10 million to increase production. Economic development partners include Cumberland Electric Membership Corporation, Clarksville-Montgomery County Economic Development Council and Tennessee Department of Economic and Community Development….

News Index

Helix Electrical, manufacturer of electrical components and large modular assemblies, announces plans to establish operations at a groundbreaking in Jackson County, Alabama.

Helix Electrical, manufacturer of electrical components and large modular assemblies, announced plans to establish operations at a groundbreaking in Jackson County, Alabama. The company plans to create 160 jobs and invest $45M in its new Advanced Fabrication Campus. Economic development partners include North Alabama Electric Cooperative, Jackson County EDA, the Alabama Department of Commerce and TVA. This project furthers...

Valmont Industries, producer of engineered steel transmission, distribution and substation structures, announces plans to expand operations in Jasper, Tennessee.

Valmont Industries, a producer of engineered steel transmission, distribution and substation structures, announced plans to expand operations in Jasper, Tennessee. The company plans to create 84 new jobs and invest $45 million in its Marion County operations to support increased production. Economic development partners include Sequachee Valley Electric Cooperative, Marion County government, the Tennessee Department of Economic and Community...

ITT Goulds Pumps, global pump manufacturer, announces plans to establish operations in Memphis, Tennessee.

ITT Goulds Pumps, a global pump manufacturer, announced plans to establish operations in Memphis, Tennessee. The company plans to create 57 new jobs and invest $30 million in its new manufacturing and distribution center. Economic development partners include Memphis Light Gas and Water, the Greater Memphis Chamber, EDGE, the Tennessee Department of Economic and Community Development, and TVA. This...