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.

01.17.20 | Newsroom

Adient to expand in Lexington, TN

Adient, an automotive seating supplier, announced plans to expand production at its Lexington, Tennessee facility. Plans for the project include the creation of 200 new jobs and $10.8 million in capital investment.

01.14.20 | Newsroom

Accenture plans to expand operations in Nashville, Tennessee

Accenture, a global professional services company, specializing in consulting, technology and operations, announced plans to expand operations in Nashville, Tennessee. Plans for the project include the creation of 165 new jobs. Economic development partners include Nashville Electric Service, Nashville Area Chamber of Commerce and Metropolitan Government of Nashville and Davidson County and Tennessee Department of…

01.13.20 | Newsroom

Progressive Pipe Fabricators plans to locate a facility in Lawrence County, Alabama

Progressive Pipe Fabricators, a division of Shambaugh & Son, a custom fire protection, mechanical and electrical contractor, announced plans to locate a facility in Lawrence County, Alabama. Plans for the project include adding 50 new jobs. Economic development partners include Joe Wheeler Electric Membership Corporation, Lawrence County Industrial Development Board, and the Alabama Department of…

01.13.20 | Newsroom

CCI Manufacturing USA Corp plans to locate in Lawrence County, Alabama

CCI Manufacturing USA Corp, an automotive fluids supplier, announced plans to locate in Lawrence County, Alabama. Plans for the project include adding 28 new jobs and investing $21.5 million in the facility. Economic development partners include Joe Wheeler Electric Membership Corporation, Lawrence County Industrial Development Board, and the Alabama Department of Commerce.

01.6.20 | Newsroom

AutoZone plans to expand operations in Memphis, Tennessee

AutoZone, the Memphis-based auto parts retailer, announced plans to expand operations in Memphis, Tennessee. Plans for the project include adding 130 new jobs to its 1,400 existing workforce and investing $191.2 million. Economic development partners include Memphis Light Gas and Water, Greater Memphis Chamber, Downtown Memphis Commission, Memphis-Shelby County EDGE, and Tennessee Department of Economic…

12.16.19 | Newsroom

Arvin Sango, Inc. plans to expand in Chester County, Tennessee

Arvin Sango, Inc., a global automotive products manufacturer, announced plans to expand in Chester County, Tennessee. Plans for the project include creating more than 150 new jobs. Economic development partners include Southwest Tennessee Electric Membership Cooperative, Chester County Chamber, Chester County, City of Henderson and Tennessee Department of Economic and Community Development. These projects help…

12.16.19 | Newsroom

Hyosung Heavy Industries plans to locate its first US production facility in Memphis, Tennessee

Hyosung Heavy Industries (HICO), a Korea-based electrical power equipment manufacturer, announced plans to locate its first US production facility in Memphis, Tennessee. Plans for the project include the creation of 410 new jobs and $86.9 million in capital investment, and expected load growth of 2.1 MW, to increase the company’s global footprint. Economic development partners…

12.11.19 | Newsroom

TPG Plastics LLC plans to locate in Murray, Kentucky

TPG Plastics LLC, designer and manufacturer of engineered plastics and blow-molded products, announced plans to locate in Murray, Kentucky. The company will lease the Murray West Speculative building, creating 75 new jobs and $14 million in capital investment. Economic development partners include West Kentucky Rural Electric Cooperative Corporation, Murray-Calloway County Economic Development Corporation and Kentucky Cabinet for…

11.21.19 | Newsroom

Amazon plans to locate in Olive Branch, Mississippi

Amazon, a leading global web services provider, announced plans to locate in Olive Branch, Mississippi. Plans for the consumer goods fulfillment center include the creation of 500 new jobs at the DeSoto County facility. This announcement represents the company’s second fulfillment center in North Mississippi. Economic development partners include Northcentral Mississippi Electric Power Association, Desoto…

11.18.19 | Newsroom

Kimberly-Clark Corporation plans to expand operations in Corinth, Mississippi

Kimberly-Clark Corporation, a leading producer of personal care products, announced plans to expand operations in Corinth, Mississippi. Plans for the project include the creation of 25 new jobs and investing $20 million to support the growth of its product line. Economic development partners include Alcorn County Electric Power Association, The Alliance, City of Corinth and…

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News Index

Oklo Inc., to Establish Operations in Oak Ridge, Tennessee

Oklo Inc., an advanced nuclear technology company, announced plans to establish operations in Oak Ridge, Tennessee. Plans for the project include creating more than 800 new jobs and investing $1.7 billion, which includes the development of an advanced nuclear fuel recycling facility. This announcement establishes Oklo as the nation’s first privately funded nuclear recycling facility,...

MAHLE GmbH Announced Plans to Expand Operations in Hamblen County

MAHLE GmbH, an automotive supplier of electric compressors, announced plans to expand operations in Hamblen County. Plans for the project include investing $10 million and creating 50 new jobs, which will bring the company’s total headcount to nearly 800 people at its Morristown facility. Economic development partners include Morristown Utility System, Morristown Area Chamber of...

Parsons Corporation to Expand in Huntsville, Alabama

Parsons Corporation, a defense and intelligence contractor, announced plans to expand their presence in Huntsville, AL. Plans for the project include creating 198 new jobs and investing more than $5 million. Economic development partners include Huntsville Utilities, City of Huntsville, Alabama Department of Commerce, and the Huntsville-Madison County Chamber of Commerce. This project furthers TVA’s...