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.

08.17.20 | Newsroom

Mazda Toyota Manufacturing plans to increase investment in its new Huntsville, Alabama

Mazda Toyota Manufacturing, the leading automotive manufacturing joint venture, announced plans to increase investment in its new Huntsville, Alabama facility by $830 million. This additional commitment brings the total investment to the state-of-the-art facility to $2.3 billion, providing for new cutting-edge technologies to its production lines and enhanced training to its workforce of 4,000 employees…

08.12.20 | Newsroom

Facebook announced plans to locate operations in Gallatin, Tennessee

Facebook, a global technology company, announced plans to locate operations in Gallatin, Tennessee, creating 100 new jobs and investing $800 million in the company’s new state-of-the-art data center. Economic development partners include Gallatin Department of Electricity, the City of Gallatin, Tennessee Department of Economic and Community Development, and many partners within TVA.  Facebook has partnered…

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…

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...