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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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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…
06.30.20 | Newsroom

Agero, Inc., plans to expand operations in Clarksville, Tennessee

Agero, Inc., a leading provider of driver assistance services, announced plans to expand operations in Clarksville, Tennessee. Plans for the project include investing $2 million to expand the call center operations and creating 900 new jobs. Economic development partners include Cumberland Electric Membership Corporation, Tennessee Department of Economic and Community Development, Clarksville-Montgomery County Economic Development…
06.22.20 | Newsroom

Ramsey Solutions plans to expand operations in Williamson County, Tennessee

Ramsey Solutions, a financial services company, announced plans to expand operations in Williamson County, Tennessee. Plans for the project include adding 600 new jobs and investing $52 million in the company’s corporate headquarters. Economic development partners include Middle Tennessee Electric Membership Corporation, Williamson, Inc., and Tennessee Department of Economic and Community Development. This project helps…
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…
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News Index

Eli Lilly Announces Plans to Establish Operations in Huntsville, Alabama

Eli Lilly, a leading pharmaceutical company, announced plans to establish operations in Huntsville, Alabama. Plans for the advanced manufacturing facility include creating 450 new quality jobs and investing $6 billion, which represents the largest initial investment in the state’s history. Economic development partners include Alabama Department of Commerce, Athens Utilities, Huntsville-Madison County Chamber of Commerce,...

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Toyota to Expand its U.S. Manufacturing Presence in Jackson, Tennessee and Blue Springs, Mississippi

Toyota, a global automotive manufacturer, announced plans to expand its U.S. manufacturing presence, including two locations within TVA’s footprint. Toyota announced plans to invest $125 million in the company’s Blue Springs, Mississippi facility and $71.4 million along with 33 new jobs at its casting plant in Jackson, Tennessee. Economic development partners include Mississippi Development Authority,...

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Hyosung HICO Announces Expansion in Memphis, Tennessee

Hyosung HICO, a global power transformer manufacturer, announced plans to expand operations in Memphis, Tennessee. Plans for the project include creating 240 new jobs and investing more than $150 million as the company constructs a new facility at its U.S. headquarters, marking the second expansion project at the facility in six months. Upon completion, the...

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