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.

01.13.20 | 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…

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…

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Kyoto Fusioneering announces plans to establish operations in Oak Ridge, Tennessee.

Kyoto Fusioneering, a premier fusion technology and integrated systems developer, announced plans to establish operations in Oak Ridge, Tennessee. Plans for this project include creating 51 new jobs and investing $47 million in the company’s U.S. headquarters operations in Anderson County. Economic development partners include Oak Ridge Electric Department, Oak Ridge National Laboratory, U.S. Department of Energy, City of...

Traxion Materials, a tire recycling company, announces plans to expand operations in Campbell County, Tennessee.

Traxion Materials, a tire recycling company, announced plans to expand operations in Campbell County, Tennessee. The company plans to create 49 new jobs and invest $5 million to expand its Jacksboro recycling and upcycling operations. Economic development partners include LaFollette Utilities Board, the Tennessee Department of Economic and Community Development, East Tennessee Economic Development Agency, Campbell County Industrial Board,...

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...