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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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02.26.26 | Newsroom

Durable Products to Expand in Cumberland County, Tennessee

Durable Products, a rubber products supplier, announced plans to expand operations in Cumberland County, Tennessee. Plans for the project include creating 134 new jobs and investing $27 million in the company’s Crossville operations. Economic development partners include Volunteer Energy Cooperative, the Crossville-Cumberland Chamber of Commerce, and the Tennessee Department of Economic and Community Development. This…
02.11.26 | Newsroom

Spartan Composites Announces Plans to Establish Operations in Saltillo, Mississippi

Spartan Composites, an advanced composite materials manufacturer, announced plans to establish operations in Saltillo, Mississippi. Plans for the project include creating 45 new jobs and investing $49 million in the company’s Lee County location. Economic development partners include Mississippi Development Authority, Tombigbee Electric Power Association, and the Community Development Foundation. This project furthers TVA’s mission…
01.16.26 | Newsroom

Laser Isotope Separation Technologies (LIS) to Expand Operations in Oak Ridge, Tennessee

Laser Isotope Separation Technologies (LIS), a U.S. laser enrichment technology developer, announced plans to expand operations in Oak Ridge, Tennessee. Plans for the project include creating 203 new jobs and investing $1.3 billion, becoming the first U.S. origin commercial laser uranium enrichment plant in the world, supporting U.S. utilities, next-generation reactor developers, and national defense…
12.23.25 | Newsroom

Korea Zinc to Establish First U.S. Operations in Clarksville, Tennessee

Korea Zinc, the world’s leading comprehensive nonferrous metal manufacturer, announced plans to establish the company’s first U.S. operations in Clarksville, Tennessee. Plans for the project include creating 420 new jobs and investing more than $6 billion in the company’s facilities, representing the largest single private corporate investment made in Tennessee history. Economic development partners include…
12.18.25 | Newsroom

AFKA Aluminum Solutions to Establish Operations in Bowling Green, Kentucky

AKFA Aluminum Solutions, a full-cycle aluminum production company, announced plans to establish operations in Bowling Green. Plans for the project include creating 331 new jobs. This announcement marks the first Uzbekistani company to establish manufacturing operations in the U.S. Economic development partners include the Bowling Green Area Chamber of Commerce, Kentucky Cabinet for Economic Development…
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News Index

Energizing Tennessee: Recruiting for the Nuclear Renaissance with Derrick Collins, TVA

Advanced energy 🤝 economic development. Derrick Collins, Regional Economic Development Consultant for the Tennessee Valley Authority joins Energizing Tennessee to discuss: Click here to listen. About Energizing Tennessee: Energizing Tennessee, powered by the Tennessee Advanced Energy Business Council, explores the latest news and insights about the advanced energy sector. Hear from advanced energy leaders and experts...

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Bridgetown Natural Foods, a sustainable food producer, announces plans to expand operations in Wilson County, Tennessee.

Bridgetown Natural Foods, a sustainable food producer, announced plans to expand operations in Wilson County, Tennessee. Plans for the project include creating 237 new jobs and investing more than $24 million, adding additional lines at the company’s facility. Economic development partners include Middle Tennessee Electric, the Tennessee Department of Economic and Community Development, and the Joint Economic and...

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Redwire Corp., an aerospace and defense manufacturer, announces plans to expand operations in Huntsville, Alabama.

Redwire Corp., an aerospace and defense manufacturer, announced plans to expand operations in Huntsville, Alabama. The company plans to create 150 new jobs and additional capital investment in the manufacturing, integration, and technical operations. Economic development partners include the Huntsville-Madison Chamber of Commerce, City of Huntsville, Madison County Alabama, Alabama Department of Commerce, and Huntsville Utilities.  This...

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