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.

03.12.26 | Newsroom

Create Energy Announces Plans to Expand Operations in Robertson and Sumner Counties, Tennessee

Create Energy, U.S.-based renewable energy company, announced plans to expand operations in Robertson and Sumner Counties, Tennessee. Plans for the project include creating 973 jobs and investing $67 million in a new location announcement in Orlinda and creating 30 jobs and investing $2 million to expand its Portland location. Economic development partners include Cumberland Electric Membership Corporation, Tennessee Department…

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…

News Index

Helix Electrical, manufacturer of electrical components and large modular assemblies, announces plans to establish operations at a groundbreaking in Jackson County, Alabama.

Helix Electrical, manufacturer of electrical components and large modular assemblies, announced plans to establish operations at a groundbreaking in Jackson County, Alabama. The company plans to create 160 jobs and invest $45M in its new Advanced Fabrication Campus. Economic development partners include North Alabama Electric Cooperative, Jackson County EDA, the Alabama Department of Commerce and TVA. This project furthers...

Valmont Industries, producer of engineered steel transmission, distribution and substation structures, announces plans to expand operations in Jasper, Tennessee.

Valmont Industries, a producer of engineered steel transmission, distribution and substation structures, announced plans to expand operations in Jasper, Tennessee. The company plans to create 84 new jobs and invest $45 million in its Marion County operations to support increased production. Economic development partners include Sequachee Valley Electric Cooperative, Marion County government, the Tennessee Department of Economic and Community...

ITT Goulds Pumps, global pump manufacturer, announces plans to establish operations in Memphis, Tennessee.

ITT Goulds Pumps, a global pump manufacturer, announced plans to establish operations in Memphis, Tennessee. The company plans to create 57 new jobs and invest $30 million in its new manufacturing and distribution center. Economic development partners include Memphis Light Gas and Water, the Greater Memphis Chamber, EDGE, the Tennessee Department of Economic and Community Development, and TVA. This...