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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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01.22.20 | Newsroom

Ajinomoto Foods North America Inc. plans to expand operations in Oakland,  Mississippi

Ajinomoto Foods North America Inc., a leading manufacturer in the frozen food industry, announced plans to expand operations in Oakland,  Mississippi. Plans for the project include investing $27.3 million to increase capacity. Economic development partners include Tallahatchie Valley EPA, Mississippi Development Authority, Yalobusha County, City of Oakland, and Yalobusha Industrial Development Board. This project helps…
01.17.20 | Newsroom

Adient plans to expand operations in Henderson County, Tennessee

Adient, a leading automotive seating manufacturer, announced plans to expand operations in Henderson County, Tennessee. Plans for the project include the creation of 330 new jobs and $23.5 million in the Lexington facility. Economic development partners include Lexington Electric System, City of Lexington, Henderson County, Lexington-Henderson County Industrial Development Board, and Tennessee Department of Economic…
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…
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…
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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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