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.

07.27.21 | Newsroom

Integrated Biometric Technology, LLC announced plans to locate its corporate headquarters in Williamson County, Tennessee

Integrated Biometric Technology, LLC, a technology company specializing in biometric identity authentication, announced plans to locate its corporate headquarters in Williamson County, Tennessee. Plans for the project include creating 142 jobs and investing $2.3 million. Economic development partners include Middle Tennessee Electric, Williamson Inc., and Tennessee Department of Economic and Community Development. This project helps further TVA’s mission…

07.26.21 | Newsroom

New Way Trucks announced plans to expand operations in Booneville, Mississippi

New Way Trucks, a recycling equipment manufacturer, announced plans to expand operations in Booneville, Mississippi. Plans for the project include creating 120 jobs and investing $4 million, increasing manufacturing operations and opening an additional facility in Prentiss County. Economic development partners include Prentiss County Electric Power Association, Prentiss County Economic Development Association, Prentiss County, and Mississippi Development Authority….

07.21.21 | Newsroom

Vi-Jon announce plans to expand operations in Smyrna, Tennessee

Vi-Jon, the nation’s oldest private label manufacturer in the health and beauty industry, announce plans to expand operations in Smyrna, Tennessee. Plans for the project include investing $45 million and adding 64 new jobs to the 600 currently employed at the Rutherford County facility. Economic development partners include Middle Tennessee Electric, Rutherford County Chamber of Commerce and Tennessee Department…

07.20.21 | Newsroom

Chewy, Inc., announced plans to establish operations in Wilson County, Tennessee.

Chewy, Inc., an innovator in pet e-commerce, announced plans to establish operations in Wilson County, Tennessee. Plans for the project include creating 1,200 new jobs at the regional fulfillment center in Mt. Juliet. Economic development partners include Middle Tennessee Electric, Joint Economic and Community Development Board of Wilson County, and the Tennessee Department of Economic and Community…

07.19.21 | Newsroom

Kairos Power announced plans to establish a low-power demonstration reactor in Oak Ridge, Tennessee

Kairos Power, an advanced nuclear engineering company, announced plans to establish a low-power demonstration reactor in Oak Ridge, Tennessee. Plans for the project include investing $100 million and creating 55 jobs to deploy the reactor, called Hermes, and advance Kairos Power’s manufacturing capabilities. Economic development partners include City of Oak Ridge Electric Department, East Tennessee Economic Council, Oak Ridge…

07.7.21 | Newsroom

Smart USA Co. announced plans to locate operations in Nashville, Tennessee

Smart USA Co., one of the world’s fastest growing retirement technology platforms, announced plans to locate operations in Nashville, Tennessee. Plans for establishing the company’s U.S. headquarters include creating 128 new jobs, and investing $2.2 million. Economic development partners include Nashville Electric Service, Nashville Area Chamber of Commerce and Tennessee Department of Economic and Community…

06.23.21 | Newsroom

NOVONIX announced plans to expand operations at its Chattanooga, Tennessee PUREgraphite facility

NOVONIX, a developer of anode material for the lithium-battery market, announced plans to expand operations at its Chattanooga, Tennessee PUREgraphite facility. Plans for the project include creating 290 jobs and investing $160 million to address the need for a US-based lithium-ion battery supply chain, specifically for electric vehicles and similar storage applications. Economic development partners…

News Index

Energizing Tennessee: Recruiting for the Nuclear Renaissance with Derrick Collins, TVA

Advanced energy 🤝 economic development. Derrick Collins, Regional Economic Development Consultant for the Tennessee Valley Authority joins Energizing Tennessee to discuss: Click here to listen. About Energizing Tennessee: Energizing Tennessee, powered by the Tennessee Advanced Energy Business Council, explores the latest news and insights about the advanced energy sector. Hear from advanced energy leaders and experts...

Bridgetown Natural Foods, a sustainable food producer, announces plans to expand operations in Wilson County, Tennessee.

Bridgetown Natural Foods, a sustainable food producer, announced plans to expand operations in Wilson County, Tennessee. Plans for the project include creating 237 new jobs and investing more than $24 million, adding additional lines at the company’s facility. Economic development partners include Middle Tennessee Electric, the Tennessee Department of Economic and Community Development, and the Joint Economic and...

Redwire Corp., an aerospace and defense manufacturer, announces plans to expand operations in Huntsville, Alabama.

Redwire Corp., an aerospace and defense manufacturer, announced plans to expand operations in Huntsville, Alabama. The company plans to create 150 new jobs and additional capital investment in the manufacturing, integration, and technical operations. Economic development partners include the Huntsville-Madison Chamber of Commerce, City of Huntsville, Madison County Alabama, Alabama Department of Commerce, and Huntsville Utilities.  This...