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.

04.23.24 | Newsroom

Protomet Corporation Unveils Expansion Plans in Roane County

Protomet Corporation, an engineering and technology company, announced plans to establish operations in Roane County, Tennessee. Plans for the project include creating 250 new jobs and investing $25 million in the Rockwood operations, expanding the company’s footprint in East Tennessee. Economic development partners include Rockwood Electric Utility, the Roane Alliance, Roane County, City of Rockwood…

04.10.24 | Newsroom

Corky’s Food Manufacturing LLC Expands Footprint in Shelby County

Corky’s Food Manufacturing, LLC, announced plans to expand operations in Shelby County. Plans for the project include creating 30 new jobs and investing $4 million in the company’s Memphis manufacturing facility. Economic development partners include Memphis Light, Gas and Water, the Tennessee Department of Economic and Community Development, the Memphis Chamber, Memphis and Shelby County…

03.28.24 | Newsroom

Expansion Ahead for Bridgetown Natural Foods in Wilson County

Bridgetown Natural Foods, an innovative and sustainable food producer, announced plans to establish operations in Wilson County. The company plans to create 220 new jobs and invest $78 million to locate manufacturing and distribution operations in Lebanon, Tennessee. Economic development partners include Middle Tennessee Electric, the Joint Economic and Community Development Board of Wilson County…

03.27.24 | Newsroom

Landmark Ceramics UST Inc. Plans Maury County Expansion

Landmark Ceramics, UST, Inc., an American tile manufacturer, announced plans to expand operations in Maury County. The company plans to create 78 new jobs and invest $72 million in its Mt. Pleasant facility. Economic development partners include Mt. Pleasant Power System, the Tennessee Department of Economic and Community Development, Middle Tennessee Industrial Development Association, and…

03.20.24 | Newsroom

Vulcan Thermal to Establish Presence in Surgoinsville, Tennessee

Vulcan Thermal, a heat treatment company, announced plans to establish operations in Surgoinsville, Tennessee. The company’s plans for the project include creating 30 new jobs and investing $5 million in the Hawkins County manufacturing facility. Economic development partners include Holston Electric Cooperative, Hawkins County Industrial Development Board, Networks Sullivan Partnership and the Tennessee Department of…

03.18.24 | Newsroom

Schneider Electric Announces Plans to Expand Operations in Middle Tennessee

Schneider Electric, a global leader in energy management and automation, announced plans to expand operations in Middle Tennessee. Plans for the projects include creating 355 new jobs in Mt. Juliet and adding 100 new jobs at the company’s Smyrna location. Combined, both projects represent a total planned investment of $85 million to support increased production…

03.7.24 | Newsroom

INTOCAST Announces its First U.S. Facility in Huntingdon, Tennessee

INTOCAST, a global manufacturer and marketer of refractory products, announced plans to establish its first U.S. operations in Huntingdon, Tennessee. Plans for the project include creating 100 new jobs and investing $15 million in the company’s Carroll County mega-class facility. Economic development partners include Carroll County Electric Department, the Tennessee Department of Economic and Community…

03.6.24 | Newsroom

Cast Products Expands Operations in Athens, Alabama

Cast Products, a legacy cast aluminum component manufacturer, announced plans to expand operations in Athens, Alabama retaining 200 jobs and adding 14 more. Plans for the $6.7 million expansion are to add a 30,000 square-foot facility and an automated state-of-the-art aluminum foundry. Economic development partners include Athens Utilities, the City of Athens, Limestone County Economic…

02.27.24 | Newsroom

Flexco Products Announces Manufacturing and Distribution Facility in Lawrenceburg, Tennessee

Flexco Products of Tennessee, LLC, a tubing and fabrication manufacturer announced plans to establish operations in Lawrenceburg, Tennessee. Plans for the project include creating 60 new jobs and investing $17.5 million to support production at the company’s manufacturing and distribution facility. Economic development partners include Lawrenceburg Utility Systems, Lawrence County Chamber of Commerce, Middle Tennessee…

02.26.24 | Newsroom

Rich Products Expands Operations in Hamblen County, Tennessee

Rich Products, a global family-owned food company, announced plans to expand operations in Hamblen County, Tennessee. Plans for the project include creating 51 new jobs and investing $27 million at its Morristown manufacturing facility. Economic development partners include Morristown Utility Systems, Morristown Chamber and the Tennessee Department of Economic and Community Development. This project furthers…

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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...