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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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06.16.21 | Newsroom

Orbital Effects announced plans to expand in Huntsville, Alabama

Orbital Effects, a cutting-edge radar satellite technology company, announced plans to expand in Huntsville, Alabama. The company will create 25 new jobs at Huntsville’s Cummings Research Park. Economic development partners include Huntsville-Madison County Chamber, City of Huntsville, Huntsville Utilities, and the Alabama Department of Commerce. This project helps further TVA’s mission of service by improving…
06.10.21 | Newsroom

Walgreen Company announced plans to establish operations in Memphis, Tennessee

Walgreen Company, a leading pharmaceutical and wellness products provider, announced plans to establish operations in Memphis, Tennessee. Plans for the company’s advanced fulfillment center include creating 200 jobs and investing $30 million. Economic development partners include Memphis Light, Gas and Water, City of Memphis, Shelby County, Greater Memphis Chamber and Tennessee Department of Economic and…
06.9.21 | Newsroom

Simple Logistics Solutions (SiLo) announced plans to establish operations in Nashville, Tennessee

Simple Logistics Solutions (SiLo), a transportation freight broker, announced plans to establish operations in Nashville, Tennessee. Plans for the project include creating 92 jobs and investing $700,000 in its headquarters operations. Economic development partners include Nashville Electric Service, Nashville Area Chamber of Commerce, and Tennessee Department of Economic and Community Development. This project helps further…
06.8.21 | Newsroom

Advanex Americas announced plans to locate its headquarters and manufacturing operations in White House, Tennessee

Advanex Americas, a global precision spring and component parts manufacturer, announced plans to locate its headquarters and manufacturing operations in White House, Tennessee. Plans for the project include creating 102 jobs and investing $17 million to support production of the company’s products, which are used in a variety of industries from ballpoint pens to space…
05.26.21 | Newsroom

Safari Enterprises, LLC, announced plans to locate its headquarters and manufacturing operations to Macon County, Tennessee

Safari Enterprises, LLC, a leading manufacturer of two-seater helicopter kits, announced plans to locate its headquarters and manufacturing operations to Macon County, Tennessee. Plans for the project include creating 85 jobs and investing $7.5 million in the new facility at the Lafayette Municipal Airport. Economic development partners include Tri-County Electric Membership Corporation, Tennessee Central Economic…
05.19.21 | Newsroom

Amazon announced plans to establish a new fulfillment center in Huntsville, Alabama.

Amazon, a global electronic commerce and cloud computing company, announced plans to establish a new fulfillment center in Huntsville, Alabama. Plans for the project include creating 500 new jobs. Economic development partners include City of Athens Electric Department, Huntsville-Madison County Chamber of Commerce, Limestone County Economic Development Association, and the Alabama Department of Commerce. This…
05.18.21 | Newsroom

Hydro-Gear announced plans to locate operations in Carroll County, Tennessee

Hydro-Gear, a manufacturer of power equipment drive systems, announced plans to locate operations in Carroll County, Tennessee. Plans for the project include creating 375 jobs and investing $10 million at the Huntingdon facility. Economic development partners include Carroll County Electric Department, Carroll County Chamber of Commerce, Carroll County Industrial Development Board, Carroll County, City of…
05.17.21 | Newsroom

Ascent Buildings, LLC announced plans to locate operations in Sumner County, Tennessee

Ascent Buildings, LLC, a full service, pre-engineered steel building manufacturer, announced plans to locate operations in Sumner County, Tennessee. Plans for the company’s headquarters and manufacturing operations include creating 120 jobs and investing $10 million at the Portland facility. Economic development partners include Cumberland Electric Membership Corporation, Tennessee Department of Economic and Community Development and…
05.13.21 | Newsroom

Troy Industries, Inc. announced plans to locate operations in Clarksville, Tennessee

Troy Industries, Inc., a small arms components and accessories manufacturer, announced plans to locate operations in Clarksville, Tennessee. Plans for the company’s headquarters and manufacturing operations include creating 75 jobs and investing $7.2 million. Economic development partners include Cumberland Electric Membership Corporation, Clarksville-Montgomery County Economic Development Council, and Tennessee Department of Economic and Community Development….
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News Index

Siemens Healthineers, a global technology company, announces plans to expand operations in Blount County, Tennessee.

Siemens Healthineers, a global technology company, announced plans to expand operations in Blount County, Tennessee. Plans for the project include creating more than 90 new jobs and investing $43.6 million in the company’s Molecular Imaging PET Detector Center for research and development and material production. Economic Development partners include Maryville Electric Department, the Tennessee Department of Economic and Community...

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Dometic, a global outdoor technology company, announces plans to expand operations in Sparta, Tennessee.

Dometic, a global outdoor technology company, announced plans to expand operations in Sparta, Tennessee. Plans for the project include creating more than 90 new jobs at its White County manufacturing facility. Economic development partners include Sparta Electric & Public Works, the Highlands Economic Partnership, the Tennessee Department of Economic and Community Development, and TVA. This project furthers...

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Solero Technologies, a leading global automotive supplier, announces plans to expand operations in Water Valley, Mississippi

Solero Technologies, a leading global automotive supplier, announced plans to expand operations in Water Valley, Mississippi. Plans for the project include creating 86 new jobs and investing $14 million to upgrade and add new lines at the company’s Yalobusha County operations. Economic development partners include Water Valley Utilities Commission, the city of Water Valley, Yalobusha County Economic Development District,...

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