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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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04.20.21 | Newsroom

Memphis Contract Packaging announced plans to expand operations in Fayette County, Tennessee

Memphis Contract Packaging, a personal care product contract manufacturer, announced plans to expand operations in Fayette County, Tennessee. Plans for the project include creating 261 new jobs and investing $48 million to construct a new facility and add product lines to support growth. Economic development partners include Chickasaw Electric Cooperative, Fayette County, and Tennessee Department…
04.16.21 | Newsroom

Puritan Medical Products announced plans to establish operations in Orlinda, Tennessee

Puritan Medical Products, North America’s largest manufacturer of COVID-19 testing swabs, announced plans to establish operations in Orlinda, Tennessee. Plans for the manufacturing and distribution operations include creating 625 new jobs and investing $220 million to support production of up to 200 million swabs per month. Economic development partners include Cumberland Electric Membership Corporation, Robertson…
04.16.21 | Newsroom

General Motors and LG Energy Solution announced plans to locate Ultium Cells, LLC, the companies’ new joint-venture battery cell manufacturing plant in Spring Hill, Tennessee

General Motors and LG Energy Solution announced plans to locate Ultium Cells, LLC, the companies’ new joint-venture battery cell manufacturing plant in Spring Hill, Tennessee. Ultium Cells will manufacture batteries for GM’s new Electric Vehicle platform. Plans for the project include creating 1,300 new jobs and investing $2.3 billion in the new state-of-the-art facility. Economic…
04.14.21 | Newsroom

LG Electronics announced plans to expand operations in Clarksville, Tennessee

LG Electronics, a world-leading home appliance manufacturer, announced plans to expand operations in Clarksville, Tennessee. Plans for the project include creating 334 new jobs and investing $20.5 million to meet unprecedented demand for the company’s top-rated washing machines. Economic development partners include Cumberland Electric Membership Corporation, Clarksville-Montgomery County Economic Development Council, and Tennessee Department of…
04.6.21 | Newsroom

BRS Offroad North America announced plans to establish operations in Lewis County, Tennessee

BRS Offroad North America, an offroad and luxury camper manufacturer, announced plans to establish operations in Lewis County, Tennessee. Plans for the company’s headquarters and manufacturing operations include investing $1.7 million and creating 115 new jobs at the Hohenwald facility. Economic development partners include Meriwether Lewis Electric Cooperative, City of Hohenwald, Lewis County, City of…
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…
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News Index

Kyoto Fusioneering announces plans to establish operations in Oak Ridge, Tennessee.

Kyoto Fusioneering, a premier fusion technology and integrated systems developer, announced plans to establish operations in Oak Ridge, Tennessee. Plans for this project include creating 51 new jobs and investing $47 million in the company’s U.S. headquarters operations in Anderson County. Economic development partners include Oak Ridge Electric Department, Oak Ridge National Laboratory, U.S. Department of Energy, City of...

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Traxion Materials, a tire recycling company, announces plans to expand operations in Campbell County, Tennessee.

Traxion Materials, a tire recycling company, announced plans to expand operations in Campbell County, Tennessee. The company plans to create 49 new jobs and invest $5 million to expand its Jacksboro recycling and upcycling operations. Economic development partners include LaFollette Utilities Board, the Tennessee Department of Economic and Community Development, East Tennessee Economic Development Agency, Campbell County Industrial Board,...

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Energizing Tennessee: Recruiting for the Nuclear Renaissance with Derrick Collins, TVA

Advanced energy 🤝 economic development. Derrick Collins, Regional Economic Development Consultant for the Tennessee Valley Authority joins Energizing Tennessee to discuss: Click here to listen. About Energizing Tennessee: Energizing Tennessee, powered by the Tennessee Advanced Energy Business Council, explores the latest news and insights about the advanced energy sector. Hear from advanced energy leaders and experts...

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