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.

10.2.20 | Newsroom

Moldex-Metric, Inc. plans to locate operations in Wilson County, Tennessee

Moldex-Metric, Inc., a leading manufacturer of N95 respirators, announced plans to locate operations in Wilson County, Tennessee. Plans for the manufacturing operations include creating 200 new jobs and investing $25 million to meet market demand. Economic development partners include Middle Tennessee Electric, Joint Economic Development Board of Wilson County and Tennessee Department of Economic and…

09.28.20 | Newsroom

Mission Forest Products plans to locate operations in Corinth, Mississippi

Mission Forest Products, a producer of high-quality dimensional lumber products, announced plans to locate operations in Corinth, Mississippi. Plans for the state-of-the-art pine sawmill include $160 million capital investment and 130 new jobs with additional economic and employment opportunities for forest product firms in the region. Economic development partners include Alcorn County Electric Power, The…

09.28.20 | Newsroom

Torch Technologies plans to expand operations in Huntsville, Alabama

Torch Technologies, a technical services and solutions company, announced plans to expand operations in Huntsville, Alabama. Plans for the project include creating 120 new jobs and investing $32.3 million to construct new lab, office, and manufacturing space. Economic development partners include Huntsville Utilities, Huntsville-Madison County Chamber of Commerce, and the Alabama Department of Commerce.

09.22.20 | Newsroom

SmileDirectClub plans to locate a new facility in Maury County, Tennessee

SmileDirectClub, an oral care company and creator of the medtech platform for teeth straightening, announced plans to locate a new facility in Maury County, Tennessee. Plans for the new state-of-the-art manufacturing facility include investing $34 million and creating 600 new jobs to extend its manufacturing capabilities and support continued growth. Economic development partners include Columbia…

09.22.20 | Newsroom

Homeland Vinyl plans to expand operations in Surgoinsville, Tennessee

Homeland Vinyl, a manufacturer of vinyl profiles, including fencing, rail and deck products, announced plans to expand operations in Surgoinsville, Tennessee. Plans for the project include creating 55 new jobs and investing $2.2 million to add multiple new extrusion lines and assembly line capabilities. Economic development partners include Holston Electric Cooperative, Hawkins County Industrial Development…

09.15.20 | Newsroom

Aphena Pharma Solutions, LLC plans to expand operations in Cookeville, Tennessee

Aphena Pharma Solutions, LLC, a leading pharmaceutical service provider specializing in packaging, announced plans to expand operations in Cookeville, Tennessee. Plans for the project include creating 160 new jobs and $21 million in capital investment to accommodate future growth at the Cookeville-based company. Economic development partners include Cookeville Electric Department, Tennessee Department of Economic and…

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…

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News Index

Centrus to Expand in Oak Ridge, Tennessee

Centrus, the only uranium enrichment centrifuge manufacturing facility in the U.S., announced plans to expand operations in Oak Ridge, Tennessee. Plans for the project include creating 430 new jobs and investing more than $560 million to support large-scale restoration of uranium enrichment capability. Economic development partners include Oak Ridge Electric Department, the Tennessee Department of...

Heil Trailer International Plans to Expand Operations in Athens, Tennessee

Heil Trailer International, a global manufacturer of specialty transport trailers, announced plans to expand operations in Athens, Tennessee. Plans for the project include creating 18 new jobs and investing $9.8 million following the securement of a U.S. Department of the Army contract for the company’s Tactical Fuel Distribution System. Economic development partners include the Athens...

ALUKO Group Announces New Operations in Halls, Tennessee

ALUKO Group, a South Korean aluminum manufacturer, announced plans to establish operations in Halls, Tennessee. Plans for the project include creating 285 new jobs and investing $108 million in the Lauderdale County manufacturing facility. Economic development partners include Ripley Power & Light, Lauderdale County Economic and Community Development, Lauderdale County, and the Tennessee Department of...