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.

06.26.19 | Newsroom

Pennington Stave and Cooperage Corp. announces plans to locate in Metcalfe County, Kentucky

June 5, 2019 – Pennington Stave and Cooperage Corp., a startup manufacturer of staves and barrels for the spirits and wine industries, announced plans to locate in Metcalfe County, Kentucky. Plans for the new production facility include the creation of 126 new jobs and $34.4 million in investment. Economic development partners include Tri-County Electric Membership…

06.26.19 | Newsroom

Y-Tec, Keylex, and Toyotetsu – YKTA to locate new supplier facility in Huntsville, Ala.

May 22, 2019 – Y-Tec, Keylex, and Toyotetsu – YKTA, a collaboration of global automotive suppliers, announced plans to locate a new facility in Huntsville, Alabama. The automotive parts manufacturer will be located on-site and serve the Mazda Toyota Manufacturing USA plant. Plans for the project include investing $220 million and the creation of 650…

06.26.19 | Newsroom

Advanced Design Solutions, Inc. announces Lawrenceburg, Tenn. operations

May 22, 2019 – Advanced Design Solutions Inc., a global automotive supplier, announced plans to locate in Lawrenceburg, Tennessee. Plans for the new plant include the creation of nearly 180 new jobs and $10 million in capital investment. Economic development partners include Lawrenceburg Utility Systems, Lawrence County Chamber of Commerce and Tennessee Department of Economic…

06.26.19 | Newsroom

Ebm – papst, Inc. announces new facility in Washington County, Tenn.

May 17, 2019 – Ebm-papst, Inc., the world market leader in fan and motor manufacturing, announced plans to locate in Washington County, Tennessee. Plans for the project include creating 200 new jobs and investing $37 million in the new facility. Economic development partners include BrightRidge, Northeast Tennessee Regional Economic Partnership and Tennessee Department of Economic…

06.26.19 | Newsroom

DaikyoNishikawa announces Huntsville, Ala. facility

May 14, 2019 – DaikyoNishikawa, a Japanese automotive supplier, announced plans to establish a production facility in Huntsville, Alabama. The auto parts manufacturer will be located on-site and serve the Mazda Toyota Manufacturing USA plant. Plans for the project include $110 million in capital investment and the creation of 380 jobs at the company’s first…

06.26.19 | Newsroom

Hematite Inc. opens second U.S. production facility in Fayetteville, Tenn.

May 13, 2019 – Hematite Inc., a Canadian automotive supplier, announced plans to establish a production facility in Fayetteville, Tennessee. Plans for the project include $11.5 million in capital investment and the creation of 70 new jobs at the company’s second U.S. facility. Economic development partners include Fayetteville Public Utilities, Fayetteville Lincoln County Industrial Development…

06.26.19 | Newsroom

Western Express expands in Nashville, Tenn.

May 1, 2019 – Western Express, Inc., an asset-based truckload carrier, announced plans to expand operations in Nashville, Tennessee. The company is headquartered in Nashville and plans for this project include the creation of 225 new jobs, and $88 million in investment. Economic development partners include Nashville Electric Service, Metropolitan Government of Nashville and Davidson…

06.26.19 | Newsroom

Titan Medical to establish operations in Lexington, Tenn.

April 30, 2019 – Titan Medical, a medical device manufacturer, announced plans to establish operations in Lexington, Tennessee. Plans for the project include the creation of 87 new jobs and $7.5 million in capital investment. Economic development partners include Lexington Electric System, Tennessee Department of Economic and Community Development, the City of Lexington, Henderson County,…

06.26.19 | Newsroom

McNeilus Steel locates new production facility in Morristown, Tenn.

April 30, 2019 – McNeilus Steel, a steel processor and distributor, announced plans to locate a new production facility in Morristown, Tennessee. Plans for the project include the creation of 70 new jobs and investing $18.8 million. Economic development partners include Morristown Utility Systems, Morristown Area Chamber of Commerce, and Tennessee Department of Economic and…

06.26.19 | Newsroom

Rocore Knoxville LLC, announces Knoxville, Tenn. facility

April 24, 2019 – Rocore Knoxville LLC, a leader in heat exchange products for heavy duty applications, announced plans to open a facility in Knoxville, Tennessee. Plans for the project include 50 new jobs, and $5.1 million in capital investment. Economic development partners include Knoxville Utilities Board and the Knoxville Chamber of Commerce.

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News Index

Clayton Supply Announces Plan to Expand Operations in Hamblen County

Clayton Supply, a leading homebuilding company, announced plans to expand operations in Hamblen County. Plans for the project include creating 90 new jobs and investing $6.8 million in the Morristown facility. Economic development partners include Morristown Utilities, Morristown Area Chamber of Commerce, City of Morristown, Hamblen County and the Tennessee Department of Economic and Community...

ValorFlex Packaging to Establish Operations in Bowling Green, Kentucky

ValorFlex Packaging, a packaging services company, announced plans to establish operations in Bowling Green. Plans for the project include creating 82 new jobs and investing $23.4 million in the company’s manufacturing facility. Economic development partners include Warren RECC, Bowling Green Area Chamber of Commerce, and the Kentucky Cabinet for Economic Development. This project furthers TVA’s...

Tate Ornamental Inc., Announces Expansion in Robertson County, Tennessee

Tate Ornamental, Inc., a metal, architectural woodworking and stone company, announced plans to expand operations at its Robertson County, Tennessee headquarters. Plans for the project include creating 50 new jobs and investing $12 million in the company’s White House facility. Economic development partners include Cumberland Electric Membership Corporation, the Tennessee Department of Economic and Community...