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.

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…

08.3.20 | 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…

07.29.20 | Newsroom

MAHALE expands operations in Murfreesboro, Tennessee.

MAHLE, a leading international automotive supplier, announced plans to expand operations in Murfreesboro, Tennessee. Plans for the project include adding 300 jobs and optimizing the company’s production footprint to be closer to automotive suppliers located in the Southeast. Economic development partners include Middle Tennessee Electric, Tennessee Department of Economic and Community Development, and Rutherford County…

07.8.20 | Newsroom

GreenServ, Inc. locates in Batesville, Mississippi

GreenServ, Inc., a regulated medical waste and secure document destruction company, announced plans to locate its headquarters and operations in Batesville, Mississippi. Plans for the project include creating 45 jobs and investing $6 million. Economic development partners include Tallahatchie Valley Electric Power Association, Panola Partnership, Panola County officials, and Mississippi Development Authority. This projects helps…

News Index

Oklo Inc., to Establish Operations in Oak Ridge, Tennessee

Oklo Inc., an advanced nuclear technology company, announced plans to establish operations in Oak Ridge, Tennessee. Plans for the project include creating more than 800 new jobs and investing $1.7 billion, which includes the development of an advanced nuclear fuel recycling facility. This announcement establishes Oklo as the nation’s first privately funded nuclear recycling facility,...

MAHLE GmbH Announced Plans to Expand Operations in Hamblen County

MAHLE GmbH, an automotive supplier of electric compressors, announced plans to expand operations in Hamblen County. Plans for the project include investing $10 million and creating 50 new jobs, which will bring the company’s total headcount to nearly 800 people at its Morristown facility. Economic development partners include Morristown Utility System, Morristown Area Chamber of...

Parsons Corporation to Expand in Huntsville, Alabama

Parsons Corporation, a defense and intelligence contractor, announced plans to expand their presence in Huntsville, AL. Plans for the project include creating 198 new jobs and investing more than $5 million. Economic development partners include Huntsville Utilities, City of Huntsville, Alabama Department of Commerce, and the Huntsville-Madison County Chamber of Commerce. This project furthers TVA’s...