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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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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…
08.17.20 | Newsroom

Mazda Toyota Manufacturing plans to increase investment in its new Huntsville, Alabama

Mazda Toyota Manufacturing, the leading automotive manufacturing joint venture, announced plans to increase investment in its new Huntsville, Alabama facility by $830 million. This additional commitment brings the total investment to the state-of-the-art facility to $2.3 billion, providing for new cutting-edge technologies to its production lines and enhanced training to its workforce of 4,000 employees…
08.12.20 | Newsroom

Facebook announced plans to locate operations in Gallatin, Tennessee

Facebook, a global technology company, announced plans to locate operations in Gallatin, Tennessee, creating 100 new jobs and investing $800 million in the company’s new state-of-the-art data center. Economic development partners include Gallatin Department of Electricity, the City of Gallatin, Tennessee Department of Economic and Community Development, and many partners within TVA.  Facebook has partnered…
08.11.20 | Newsroom

Samuel Roll Form Group plans to expand operations in Iuka, Mississippi

Samuel Roll Form Group, a steel components manufacturer and supplier, announced plans to expand operations in Iuka, Mississippi. Plans to increase production at the facility include investing $6.9 million and creating 30 new jobs. Economic development partners include Tishomingo EPA, Mississippi Development Authority, Tishomingo officials and Tishomingo County Development Foundation. This project helps further TVA’s…
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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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