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.

04.8.20 | Newsroom

LabConnect plans to locate its headquarters to Johnson City, Tennessee

LabConnect, a leading central laboratory services provider, announced plans to locate its headquarters to Johnson City, Tennessee. Plans for the project include 200 jobs to support the company’s growth. Economic development partners include BrightRidge, Northeast Tennessee Regional Economic Partnership, and Tennessee Department of Economic and Community Development. This project helps further TVA’s mission to serve…

02.25.20 | Newsroom

Accurate Energetic Systems, LLC plans to expand operations in McEwen, Tennessee

Accurate Energetic Systems, LLC, a developer and manufacturer of products for the defense and aerospace industry, announced plans to expand operations in McEwen, Tennessee. Plans for the project include creating 80 new jobs and investing $9.7 million towards modernizing and expanding its operations. Economic development partners include Meriwether Lewis Electric Cooperative, Humphreys County Economic Development…

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...