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.

09.3.20 | 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…

08.24.20 | Newsroom

Master Manufacturing Group plans to locate in Dayton, Tennessee

Master Manufacturing Group, custom tube and pipe fabricators, announced plans to locate in Dayton, Tennessee. Plans for the company’s new headquarters and manufacturing operations include creating 70 jobs and investing $4 million in the Rhea County facility. Economic development partners include City of Dayton Electric Department, Tennessee Department of Economic and Community Development, and Rhea…

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…

08.18.20 | Newsroom

CITE Armored plans to expand its presence in Mississippi

CITE Armored, a manufacturer of armored cars, SWAT and supply vehicles for the military and domestic organizations, announced plans to expand its presence in Mississippi, locating new operations in Batesville. Plans for the project include the creation of 30 jobs and $2.3 million in capital investment to accommodate additional production. Economic development partners include Tallahatchie…

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…

08.6.20 | Newsroom

Dollar General plans to locate operations in Bowling Green, Kentucky

Dollar General, a major retail company, announced plans to locate operations in Bowling Green, Kentucky. Plans for the company’s new cold storage and distribution center include investing $26 million and creating 65 new jobs at the approximately 160,000 square foot facility. Economic development partners include Warren Rural Electric Cooperative Corporation, Bowling Green Area Chamber of…

08.4.20 | Newsroom

Engineered Medical Systems, LLC expands operations in Bartlett, Tennessee

Engineered Medical Systems, LLC, a medical device manufacturer, announced plans to expand operations in Bartlett, Tennessee. Plans to increase manufacturing capacity at the Shelby County facility include creating 60 new jobs and investing $13.3 million. Economic development partners include Memphis Light Gas and Water, Bartlett Area Chamber of Commerce, City of Bartlett, Shelby County and…

08.3.20 | Newsroom

Ashley Furniture Industries, Inc. expands operations in Lee County, Mississippi

Ashley Furniture Industries, Inc., a leader in furniture manufacturing, announced plans to expand operations in Lee County, Mississippi. Plans to expand operations in North Mississippi include investing $22 million and creating 130 new job opportunities across the company’s Verona and Saltillo facilities. Economic development partners include Tombigbee Electric Power Association, Mississippi Development Authority, Community Development…

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News Index

Hyosung HICO to Expand Operations in Memphis, Tennessee

Hyosung HICO, a power transformer manufacturer, announced plans to expand operations in Memphis, Tennessee. Plans for the project include creating 120 new jobs and investing $51 million in the company’s U.S. manufacturing headquarters. Economic development partners include Memphis Light Gas and Water, the Greater Memphis Chamber, Memphis Shelby County EDGE and the Tennessee Department of...

GE Aerospace Announces Plans to Expand Operations in Batesville, Mississippi

GE Aerospace, an aerospace and defense company, announced plans to expand operations in Batesville, Mississippi. Plans for the project include creating 100 new jobs and investing $11 million as the company increases production at the Panola County site. Economic development partners include Tallahatchie Valley Electric Power Association, Panola Partnership, and the Mississippi Development Authority. This...

Troax Group to Locate Operations in Portland, Tennessee

Troax Group, a wire mesh safety solutions manufacturer, announced plans to locate operations in Portland, Tennessee. Plans for the project include creating 120 new jobs and investing $23 million in the company’s Robertson County operations. Economic development partners include Cumberland Electric Membership Corporation, the City of Portland, Robertson County and the Tennessee Department of Economic...