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.

12.24.24 | Newsroom

Danny Isaacs Honored with Kentucky Association for Economic Development’s Allied Professional of the Year Award

Danny Isaacs, Economic Development Regional Consultant for the Tennessee Valley Authority (TVA), has been awarded the prestigious Allied Professional Award by the Kentucky Association for Economic Development (KAED). A key to any location is the assistance and expertise offered by economic development professionals in areas such as utilities, job training, construction, education, government, and research. …

12.23.24 | Newsroom

Kitchen Food Co., Announces Plans to Establish Operations in Hopkinsville, Kentucky

Kitchen Food Co., a global prepared foods producer, announced plans to establish operations in Hopkinsville, Kentucky. The company plans to locate in the Hopkinsville-Christian County Spec Building, which was assisted by TVA InvestPrep program, creating 925 jobs and investing $69 million in the company’s new world-class facility. This project marks the largest job-creation announcement in…

12.20.24 | Newsroom

Performance Food Group to Expand Operations in Hamblen County, Tennessee

Performance Food Group, a foodservice company, announced plans to expand operations in Hamblen County. Plans for the project include creating 37 new jobs and investing $33 million its Morristown facility. Economic development partners include Morristown Utilities, the Morristown Area Chamber of Commerce, and the Tennessee Department of Economic and Community Development. This project furthers TVA’s…

12.19.24 | Newsroom

ALUKO Group to Establish First U.S. Manufacturing Facility in Madison County, Tennessee

ALUKO Group, an aluminum battery casing manufacturer, announced plans to establish operations in Madison County, Tennessee. Plans for the project include creating 55 new jobs and investing more than $36 million in the company’s first U.S. manufacturing facility. The new facility will supply aluminum battery casings at Ford Motor Company’s BlueOval City. Economic development partners…

12.12.24 | Newsroom

Bobrick Washroom Equipment to Expand in Jackson, Tennessee

Bobrick Washroom Equipment announced plans to expand operations in Jackson, Tennessee. Plans for the project include creating 26 new jobs and investing $17 million as part of the company’s third expansion in Madison County. Economic development partners include Jackson Energy Authority, Tennessee Department of Economic and Community Development, Jackson Chamber, City of Jackson and Madison…

12.5.24 | Newsroom

Petainer Manufacturing USA, Inc. Plans to Expand Operations into Maury County, Tennessee

Petainer Manufacturing USA, Inc., a global sustainable packaging company, announced plans to expand operations to Maury County, Tennessee. Plans for the project include creating 35 new jobs and investing $10 million in the company’s Mt. Pleasant manufacturing operations. Economic development partners include Mt. Pleasant Power System, Maury Alliance, Tennessee Department of Economic and Community Development…

11.14.24 | Newsroom

AAON Inc. To Establish Operations in Memphis, Tennessee

AAON, Inc., a leading HVAC manufacturer, announced plans to establish operations in Memphis, Tennessee. Plans for the project include creating 828 new jobs and investing $238 million in the company’s Shelby County facility. Economic development partners include Memphis Light, Gas and Water, the Greater Memphis Chamber, and the Tennessee Department of Economic and Community Development….

11.12.24 | Newsroom

Avail Enclosure Systems Announces Plans to Expand in Hamilton County

Avail Enclosure Systems, a global infrastructure company, announced plans to expand operations in Hamilton County. Plans for the project include creating 82 new jobs and investing more than $10 million at its Chattanooga facility. Economic development partners include EPB, the Tennessee Department of Economic and Community Development, City of Chattanooga, Hamilton County, and the Chattanooga…

10.24.24 | Newsroom

DENSO Announces Plans to Expand Operations in Athens, Tennessee

DENSO, a global automotive supplier, announced plans to expand operations in Athens, Tennessee. Plans for the project include creating 200 new jobs and investing $100 million to increase the production of products that support cleaner mobility. Economic development partners include Athens Utilities Board, Tennessee Department of Economic and Community Development and the McMinn County Economic…

10.16.24 | Newsroom

Reconext to Establish Presence in Memphis

Reconext, a global aftermarket electronics company, announced plans to establish operations in Shelby County, Tennessee. Plans for the project include creating 200 new jobs and investing $9 million to support the company’s client base across the Southeast. Economic development partners include Memphis Light, Gas and Water, the Greater Memphis Chamber, Memphis Shelby County EDGE, and…

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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...