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

Corelle Brands to open facility in Marshall County, Mississippi

January 25, 2019 – Corelle Brands LLC, a leading manufacturer and marketer of houseware brands, announced plans to open a facility in Marshall County, Mississippi. Plans for the manufacturing and distribution operation include creating 400 new jobs and investing $27.7 million. Economic development partners include Chickasaw Electric, Mississippi Development Authority, Marshall County Industrial Development Authority,…

06.26.19 | Newsroom

Volkswagen to expand operations in Chattanooga, Tennessee

January 14, 2019 – Volkswagen, a leading global automotive manufacturer, announced plans to expand operations at its Chattanooga, Tennessee facility. Plans for the project include 1,000 new jobs, $800 million investment, with the potential to add approximately 20 MW of new load, to produce the company’s first electric vehicle in North America. Economic development partners…

06.15.18 | Newsroom

Facebook to locate its newest data center in Huntsville

Facebook, a global technology and social networking company, announced plans to locate its newest data center in Huntsville, Alabama. The company announced plans to locate on 340 acres in north Alabama, investing $750 million and creating 100 new jobs.

06.12.18 | Newsroom

Crown Verity USA Inc. to locate in Bowling Green, KY

Crown Verity USA Inc., a manufacturer of outdoor commercial and residential cooking equipment, announced plans to locate in Bowling Green, Kentucky. The project is expected to create 25 new jobs and $3.6 million in investment.

06.11.18 | Newsroom

Berry Global, Inc. to expand in Bowling Green

Berry Global, Inc., a plastics provider for various industries, announced plans to expand in Bowling Green, Kentucky. The project is expected to create 20 new jobs and invest $16.5 million.

06.11.18 | Newsroom

Corvac Composites LLC to expand in Morgantown, KY

Corvac Composites LLC, an automotive supplier, announced plans to expand operations in Morgantown, Kentucky. Plans for the project include the creation of 30 new jobs and $6.1 million investment.

05.22.18 | Newsroom

The Global Valley

Talk about a dream headline. TVA Economic Development experienced it in waking reality with this one, published from the Wall Street Journal to the Los Angeles Times and everywhere in between: “Toyota and Mazda Announce $1.6 Billion Plant in Huntsville, Alabama”. When the two OEM car manufacturers announced their joint venture on a TVA-Certified Megasite…

05.21.18 | Newsroom

Kilgore Flares to expand in Toone, TN

Kilgore Flares, an operating company within the Chemring Group, announced plans to expand its production of defense countermeasures for the U.S. military in Toone, Tennessee. Plans for the expansion project include $40 million in capital investment and the creation of 100 new jobs.

05.4.18 | Newsroom

AllianceBernstein to locate its corporate HQ in Nashville

AllianceBernstein, an asset management and research firm, announced plans to locate its corporate headquarters in Nashville, Tennessee. Plans for the project include 1,050 new jobs and $71 million in capital investment.

05.3.18 | Newsroom

Dong-A HWA Sung Co., LTD to locate its first U.S. operations in Martin, TN

Dong -A HWA Sung Co., LTD, a global home appliance and automotive supplier, announced plans to locate its first U.S. operations in Martin, Tennessee. Plans for the new facility include the creation of 220 jobs and $13 million in capital investment. The project represents the largest and only foreign direct investment in Weakley County’s history.

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News Index

Siemens Healthineers, a global technology company, announces plans to expand operations in Blount County, Tennessee.

Siemens Healthineers, a global technology company, announced plans to expand operations in Blount County, Tennessee. Plans for the project include creating more than 90 new jobs and investing $43.6 million in the company’s Molecular Imaging PET Detector Center for research and development and material production. Economic Development partners include Maryville Electric Department, the Tennessee Department of Economic and Community...

Dometic, a global outdoor technology company, announces plans to expand operations in Sparta, Tennessee.

Dometic, a global outdoor technology company, announced plans to expand operations in Sparta, Tennessee. Plans for the project include creating more than 90 new jobs at its White County manufacturing facility. Economic development partners include Sparta Electric & Public Works, the Highlands Economic Partnership, the Tennessee Department of Economic and Community Development, and TVA. This project furthers...

Solero Technologies, a leading global automotive supplier, announces plans to expand operations in Water Valley, Mississippi

Solero Technologies, a leading global automotive supplier, announced plans to expand operations in Water Valley, Mississippi. Plans for the project include creating 86 new jobs and investing $14 million to upgrade and add new lines at the company’s Yalobusha County operations. Economic development partners include Water Valley Utilities Commission, the city of Water Valley, Yalobusha County Economic Development District,...