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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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04.1.21 | Newsroom

Miller Industries announced plans to expand operations in Greeneville, Tennessee

Miller Industries, a towing and recovery equipment manufacturer, announced plans to expand operations in Greeneville, Tennessee. Plans for the project include creating 80 new jobs and investing $15 million to renovate and upgrade operations. Economic development partners include Greeneville Light & Power System, Greene County Partnership and Tennessee Department of Economic and Community Development. This…
03.23.21 | Newsroom

Alphatec Spine announced today the intention to lease a 75,000 square foot facility in Memphis, Tennessee

Alphatec Spine, a provider of innovative solutions dedicated to revolutionizing the approach to spine surgery, announced today the intention to lease a 75,000 square foot facility in Memphis, Tennessee, which will house ATEC’s primary distribution operations. Plans for the project include investing $3.5 million and creating 95 jobs. Economic development partners include EDGE, Greater Memphis…
03.22.21 | Newsroom

Choate Engineering Performance announced plans to establish operations in Hardeman County, Tennessee

Choate Engineering Performance, a manufacturer of engines and components for the automotive industry, announced plans to establish operations in Hardeman County, Tennessee. Plans for the project include investing $8 million and creating 100 jobs at the Bolivar facility. Economic development partners include Bolivar Energy Authority, City of Bolivar, Bolivar Industrial Development Board, Hardeman County and…
03.19.21 | Newsroom

Matalco Inc. announced plans to establish operations in Simpson County, Kentucky

Matalco Inc., a producer of aluminum products for manufacturing industries, announced plans to establish operations in Simpson County, Kentucky. Plans for the newly formed venture, Matalco Kentucky LLC, include creating 60 new jobs and investing $53.3 million to support growth and demand. Economic development partners include Franklin Electric Plant Board, Kentucky Cabinet for Economic Development…
03.18.21 | Newsroom

NTT Data announced plans to establish its digital innovation center in Nashville, Tennessee

NTT Data, a global IT services provider, announced plans to establish its digital innovation center in Nashville, Tennessee. Plans for the project include creating 350 jobs and investing $9.9 million in the digital delivery center, including a focus on healthcare and manufacturing technology. Economic development partners include Nashville Electric Service, Nashville Area Chamber of Commerce,…
12.9.20 | Newsroom

Confluent Medical plans to locate operations in Chattanooga, Tennessee

Confluent Medical, a manufacturer of high-performance medical tubing, announced plans to locate operations in Chattanooga, Tennessee. The company plans to invest $8.3 million to expand its medical manufacturing capabilities and create 80 new jobs. Economic development partners include EPB, Chattanooga Area Chamber of Commerce, Hamilton County Government, City of Chattanooga and Tennessee Department of Economic…
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News Index

Centrus to Expand in Oak Ridge, Tennessee

Centrus, the only uranium enrichment centrifuge manufacturing facility in the U.S., announced plans to expand operations in Oak Ridge, Tennessee. Plans for the project include creating 430 new jobs and investing more than $560 million to support large-scale restoration of uranium enrichment capability. Economic development partners include Oak Ridge Electric Department, the Tennessee Department of...

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Heil Trailer International Plans to Expand Operations in Athens, Tennessee

Heil Trailer International, a global manufacturer of specialty transport trailers, announced plans to expand operations in Athens, Tennessee. Plans for the project include creating 18 new jobs and investing $9.8 million following the securement of a U.S. Department of the Army contract for the company’s Tactical Fuel Distribution System. Economic development partners include the Athens...

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ALUKO Group Announces New Operations in Halls, Tennessee

ALUKO Group, a South Korean aluminum manufacturer, announced plans to establish operations in Halls, Tennessee. Plans for the project include creating 285 new jobs and investing $108 million in the Lauderdale County manufacturing facility. Economic development partners include Ripley Power & Light, Lauderdale County Economic and Community Development, Lauderdale County, and the Tennessee Department of...

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