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.

12.9.20 | Newsroom

Confluent Medical plans to locate operations in Chattanooga, Tennessee

Confluent Medical, a manufacturer of high-performance medical tubing, announced plans to locate operations in Chattanooga, Tennessee. The company plans to invest $8.3 million to expand its medical manufacturing capabilities and create 80 new jobs. Economic development partners include EPB, Chattanooga Area Chamber of Commerce, Hamilton County Government, City of Chattanooga and Tennessee Department of Economic…

12.1.20 | Newsroom

Kimberly-Clark plans to expand operations in Corinth, Mississippi

Kimberly-Clark, a leading producer of essential home products, announced plans to expand operations in Corinth, Mississippi. Plans to expand capacity and bring new capabilities to support the company’s growth include adding 33 new jobs and investing $140 million. Economic development partners include Alcorn County Electric Power Association, The Alliance, Alcorn County, City of Corinth, and…

11.30.20 | Newsroom

Gestamp plans to expand its Chattanooga, Tennessee operations.

Gestamp, a leading automotive OEM supplier, announced plans to expand its Chattanooga, Tennessee operations. Plans for the project include creating 260 new jobs and investing nearly $95 million to upgrade facilities for increased capacity due to new electric vehicle production. Economic development partners include EPB, Chattanooga Area Chamber of Commerce, Hamilton County Government, City of…

11.23.20 | Newsroom

Kith Kitchens plans to establish operations in Florence, Alabama

Kith Kitchens, a quality cabinet design and manufacturer, announced plans to establish operations in Florence, Alabama. Plans for the new facility include creating 131 new jobs and investing $11 million. TVA’s InvestPrep program helped to develop the site, allowing Kith Kitchens to become operational and meet the company’s growing business demands. Economic Development partners include…

11.19.20 | Newsroom

August Bioservices, LLC plans to expand operations in Davidson County, Tennessee

August Bioservices, LLC, a contract development and manufacturing organization supporting the pharmaceutical industry, announced plans to expand operations in Davidson County, Tennessee. Plans for the project include creating 180 new jobs and investing $64.7 million in the company’s Nashville headquarters operations. Economic development partners include Nashville Electric Service, Nashville Area Chamber of Commerce and Tennessee…

11.18.20 | Newsroom

Stanley Engineered Fastening plans to expand operations in Hopkinsville, Kentucky

Stanley Engineered Fastening, a division of Stanley Black & Decker and producer of precision fasteners and other products, announced plans to expand operations in Hopkinsville, Kentucky. Plans for the project include adding 49 new jobs and investing $6 million at the Christian County facility. Economic development partners include Pennyrile Rural Electric Cooperative Corporation, Southwestern Kentucky…

11.18.20 | Newsroom

Genuine Parts Company plans to establish operations in Lebanon, Tennessee

Genuine Parts Company, a leading automotive and industrial parts distributor, announced plans to establish operations in Lebanon, Tennessee. Plans for the new distribution facility, which will supply auto parts to nearly 300 NAPA Auto Parts stores, include creating 250 jobs and investing $50 million. Economic development partners include Middle Tennessee Electric, Joint Community Development Board…

11.17.20 | Newsroom

Fraley and Schilling, Inc. plans to expand operations in Knoxville, Tennessee

Fraley and Schilling, Inc., a trucking and logistics provider, announced plans to expand operations in Knoxville, Tennessee. Plans for the project include adding 50 new jobs and investing $2.4 million to support growing demand in transportation and logistics. Economic development partners include Knoxville Utilities Board, the Knoxville Chamber, and Tennessee Department of Economic and Community…

11.13.20 | Newsroom

Ardagh Group plans to expand operations in Olive Branch, Mississippi

Ardagh Group, a global supplier of metal and glass packaging, announced plans to expand operations in Olive Branch, Mississippi. Plans for the project include expanding production lines to accommodate growth and adding 80 new jobs. Economic development partners include Northcentral Electric Cooperative, DeSoto County Economic Development Council, DeSoto County and Olive Branch officials, and Mississippi…

11.9.20 | Newsroom

Frito-Lay Inc. plans to expand operations in Pulaski, Tennessee

Frito-Lay Inc., a division of PepsiCo and a leading snack manufacturer, announced plans to expand operations in Pulaski, Tennessee. Plans for the project include creating 100 new jobs and investing $100 million to support future growth, adding four new manufacturing lines. Economic development partners include Pulaski Electric System, Giles County Economic Development Commission, Middle Tennessee…

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News Index

Siemens Healthineers, a global technology company, announces plans to expand operations in Blount County, Tennessee.

Siemens Healthineers, a global technology company, announced plans to expand operations in Blount County, Tennessee. Plans for the project include creating more than 90 new jobs and investing $43.6 million in the company’s Molecular Imaging PET Detector Center for research and development and material production. Economic Development partners include Maryville Electric Department, the Tennessee Department of Economic and Community...

Dometic, a global outdoor technology company, announces plans to expand operations in Sparta, Tennessee.

Dometic, a global outdoor technology company, announced plans to expand operations in Sparta, Tennessee. Plans for the project include creating more than 90 new jobs at its White County manufacturing facility. Economic development partners include Sparta Electric & Public Works, the Highlands Economic Partnership, the Tennessee Department of Economic and Community Development, and TVA. This project furthers...

Solero Technologies, a leading global automotive supplier, announces plans to expand operations in Water Valley, Mississippi

Solero Technologies, a leading global automotive supplier, announced plans to expand operations in Water Valley, Mississippi. Plans for the project include creating 86 new jobs and investing $14 million to upgrade and add new lines at the company’s Yalobusha County operations. Economic development partners include Water Valley Utilities Commission, the city of Water Valley, Yalobusha County Economic Development District,...