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.

10.28.19 | Newsroom

Bravo Inc. to locate in Henderson County, Tennessee

Bravo Inc., a leading manufacturer of premier secondary containment systems, announced plans to locate in Henderson County, Tennessee. Plans for the new facility include 83 new jobs and $2.8 million in capital investment. Economic development partners include Lexington Electric System, Lexington-Henderson County IDB, City of Lexington, Henderson County, Tennessee Department of Economic and Community Development.

10.28.19 | Newsroom

Valley Joist to expand, build new facility on TVA InvestPrep site

Valley Joist, a design, engineer and manufacturer of steel joist and deck products, announced plans to expand operations and build a new facility on a TVA InvestPrep site. Plans for the expansion project include adding 50 new jobs to the existing 150 workforce, investing approximately $8 million and adding 1MW of load. Economic development partners…

10.3.19 | Newsroom

The Wacker Group to expand its Charleston, Tennessee operations

The Wacker Group, a global polysilicon producer, announced plans to expand its Charleston, Tennessee operations. The company represents Tennessee’s largest plant investment, with plans for the latest addition to create 50 new jobs and $150 million investment in a new facility producing pyrogenic silica. Economic development partners include Cleveland-Bradley Chamber of Commerce, Tennessee Department of…

10.1.19 | Newsroom

Airtech Advanced Materials Group to expand operations in Robertson County, Tennessee

Airtech Advanced Materials Group, a vacuum bagging and composite tooling manufacturer, announced plans to expand operations in Robertson County, Tennessee. Plans for the project include creating 30 new jobs and investing $13 million in the company’s facility to meet continued growth. Economic development partners include Springfield Electric Department, Robertson County Industrial Development Board and Tennessee…

10.1.19 | Newsroom

Booz Allen Hamilton to locate operations in Knoxville, Tennessee

Booz Allen Hamilton, a technology consulting firm, announced plans to locate operations in Knoxville, Tennessee. Plans for the project include adding 52 new jobs and investing more than $3.6 million to the new research and development facility. Economic development partners include Lenoir City Utilities Board, Knoxville Chamber of Commerce and Tennessee Department of Economic and…

06.26.19 | Newsroom

Mitsubishi Motors North America to relocate headquarters from Cypress, Calif. to Franklin, Tenn.

June 25, 2019 – Mitsubishi Motors North America announced that the automaker will relocate its headquarters to Franklin, Tennessee from Cypress, California. Mitsubishi Motors’ move represents an investment in the county of $18.25 million and brings approximately 200 new jobs to Williamson County. Economic Development Partners include Middle Tennessee Electric Membership Corporation, Williamson, Inc., Nashville…

06.26.19 | Newsroom

Navistar expands Huntsville, Ala. facility

June 25, 2019 – Navistar, a global commercial truck and bus manufacturer, announced plans to expand its manufacturing facility in Huntsville, Alabama. Plans for the project include the creation of 145 new jobs and $125 million in capital investment. Economic development partners include Huntsville Utilities, Huntsville/Madison County Chamber of Commerce, the Port of Huntsville and…

06.26.19 | Newsroom

Sitel expands financial customer service center in Knoxville, Tenn.

June 20, 2019 – Sitel announced plans to expand its financial customer service support center in Knoxville, Tennessee. Plans for the project include 804 jobs and $7.6 million in capital investment. Economic development partners include Lenoir City Utility Board, Development Corporation of Knox County and the Knoxville Chamber of Commerce.

06.26.19 | Newsroom

Scapa North America breaks ground in Knox County, Tenn.

June 20, 2019 – Scapa North America, a global supplier of bonding solutions, announced plans to establish its operations in Knox County, Tennessee. Plans for the headquarters and manufacturing facility include the creation of 305 new jobs, and $24.9 million in capital investment. Economic development partners include Lenoir City Utility Board, Development Corporation of Knox…

06.26.19 | Newsroom

Rooms To Go announces new Wilson County, Tenn. warehouse and retail outlet

June 17, 2019 – Rooms To Go, one of the nation’s top selling furniture retailers, announced plans to locate a warehouse and retail outlet in Wilson County, Tennessee. Plans for the new distribution center include the creation of 200 new jobs and $64 million in capital investment. Economic development partners include Middle Tennessee Electric Membership…

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News Index

Centrus to Expand in Oak Ridge, Tennessee

Centrus, the only uranium enrichment centrifuge manufacturing facility in the U.S., announced plans to expand operations in Oak Ridge, Tennessee. Plans for the project include creating 430 new jobs and investing more than $560 million to support large-scale restoration of uranium enrichment capability. Economic development partners include Oak Ridge Electric Department, the Tennessee Department of...

Heil Trailer International Plans to Expand Operations in Athens, Tennessee

Heil Trailer International, a global manufacturer of specialty transport trailers, announced plans to expand operations in Athens, Tennessee. Plans for the project include creating 18 new jobs and investing $9.8 million following the securement of a U.S. Department of the Army contract for the company’s Tactical Fuel Distribution System. Economic development partners include the Athens...

ALUKO Group Announces New Operations in Halls, Tennessee

ALUKO Group, a South Korean aluminum manufacturer, announced plans to establish operations in Halls, Tennessee. Plans for the project include creating 285 new jobs and investing $108 million in the Lauderdale County manufacturing facility. Economic development partners include Ripley Power & Light, Lauderdale County Economic and Community Development, Lauderdale County, and the Tennessee Department of...