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.

09.9.24 | Newsroom

Kentucky Aluminum Processors Breaks Ground on New $40 Million Facility in Logan County, Kentucky

Kentucky Aluminum Processors, an aluminum recycling facility, plans to establish operations in Logan County, Kentucky. Plans for the project include the creation of 75 new jobs and $40 million in the company’s new Russellville facility. Economic development partners include the Kentucky Cabinet for Economic Development, Pennyrile Rural Electric Cooperative Corporation, and the Logan County Alliance…

08.26.24 | Newsroom

Amazon Announces Last-Mile Facility in Lee County, Mississippi

8/26/24 Amazon, a global e-commerce company, announced plans to establish operations in Lee County, Mississippi. The company plans to locate its Last-Mile Facility in a new Saltillo facility supported by TVA InvestPrep. Economic Development partners include Tombigbee Electric Power Association, Community Development Foundation, and the Mississippi Development Authority. This project furthers TVA’s mission of service…

08.22.24 | Newsroom

Nashville Wire Products Expands in Humphreys County, Tennessee

Nashville Wire Products, a wire shelving, display and retail products producer, announced plans to expand operations in Humphreys County, Tennessee. Plans for the project include creating 102 new jobs and investing $20 million as the company establishes a new manufacturing site in McEwen, Tennessee. Economic development partners include Meriwether Lewis Electric Cooperative, Humphreys County Economic Development Council, Humphreys County…

08.12.24 | Newsroom

John Deere Power Products Announces Plans for Expansion in Greene County, Tennessee

John Deere Power Products, an agriculture, construction, forestry, and turf care equipment manufacturer, announced plans to expand operations in Greene County, Tennessee. The company plans to create 25 new jobs and invest $15 million to meet increased demand and expand its manufacturing presence in Greeneville. Economic development partners include Greeneville Energy Authority, Greene County Partnership and the Tennessee Department…

07.31.24 | Newsroom

PANTHERx Rare to Establish New Dispensing Facility in Collierville, Tennessee

PANTHERx Rare, a pharmacy and wholesale company, announced plans to establish operations in Collierville, Tennessee. Plans for the project include creating 120 new jobs and investing $4 million in the company’s new dispensing facility. Economic development partners include Memphis Light Gas, and Water, the Greater Memphis Chamber and the Tennessee Department of Economic and Community Development. This project furthers…

07.23.24 | Newsroom

Liebherr Announces Plans for New Facility in Tupelo, Mississippi

Liebherr, one of the world’s largest manufacturers of construction equipment, announced plans to establish operations in Tupelo, Mississippi. Plans for the project include creating 180 new jobs and investing $176 million, with potential for future growth at the company’s Lee County distribution and manufacturing operations. Economic development partners include Tombigbee Electric Power Association, the Community…

News Index

PolyFlex To Expand Operations in Warren County, Tennessee

PolyFlex, a global packaging manufacturer, announced plans to expand operations in Warren County, Tennessee. Plans for the project include creating 60 new jobs and investing $8 million as the company expands its manufacturing presence, adding a new location in McMinnville. Economic development partners include McMinnville Electric System, the Industrial Development Board of McMinnville-Warren County and...

Oklo Inc., to Establish Operations in Oak Ridge, Tennessee

Oklo Inc., an advanced nuclear technology company, announced plans to establish operations in Oak Ridge, Tennessee. Plans for the project include creating more than 800 new jobs and investing $1.7 billion, which includes the development of an advanced nuclear fuel recycling facility. This announcement establishes Oklo as the nation’s first privately funded nuclear recycling facility,...

MAHLE GmbH Announced Plans to Expand Operations in Hamblen County

MAHLE GmbH, an automotive supplier of electric compressors, announced plans to expand operations in Hamblen County. Plans for the project include investing $10 million and creating 50 new jobs, which will bring the company’s total headcount to nearly 800 people at its Morristown facility. Economic development partners include Morristown Utility System, Morristown Area Chamber of...