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.

03.6.24 | 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…

02.22.24 | Newsroom

Shoals Technologies to Expand Operations in Sumner County, Tennessee

Shoals Technologies, a leading electrical balance of systems provider for solar and energy storage, announced plans to expand operations in Sumner County, Tennessee. Plans for the project include creating 550 new jobs and investing $80 million in the company’s Portland facility. Economic development partners include Cumberland Electric Membership Corporation, City of Portland and the Tennessee…

02.13.24 | Newsroom

Armada Nutrition LLC Announces Plans to Expand Operations in Maury County, Tennessee

Armada Nutrition LLC, a leading manufacturer of nutritional powder production, announced plans to expand operations in Maury County, Tennessee. Plans for the project include creating 50 new jobs and investing $5 million in the company’s Spring Hill facility. Economic development partners include Middle Tennessee Electric, Tennessee Department of Economic and Community Development, Middle Tennessee Industrial…

02.1.24 | Newsroom

Snap-On Incorporated to Expand Operations in Carter County, Tennessee

Snap-on Incorporated, a hand tool manufacturer, announced plans to expand operations in Carter County, Tennessee. Plans for the project include creating 50 new jobs and investing $44 million to support capacity at the company’s Elizabethton facility. Economic development partners include Elizabethton Electric, City of Elizabethton, and the Tennessee Department of Economic and Community Development. This…

01.18.24 | Newsroom

Accelera by Cummins, Daimler Trucks and PACCAR Announce Joint Venture for New Facility in Marshall County, Mississippi

Accelera by Cummins, Daimler Trucks & Buses and PACCAR, announced a new joint venture with plans to establish an advanced battery cell production facility in Marshall County, Mississippi. Plans for the impactful project include creating 2,000 new quality jobs and investing $1.9 billion to produce battery cells for electric commercial vehicles and industrial applications. Economic…

01.12.24 | Newsroom

Unitech North America to Establish its First U.S. Manufacturing Operations in Warren County

Unitech North America, a leading adhesive manufacturer, announced plans to establish its first US manufacturing operations in Warren County, Tennessee. Plans for the project include creating 75 new jobs and invest $30 million in the Morrison facility. Economic development partners include Caney Fork Electric Cooperative, the Industrial Development Board of McMinnville-Warren County, Inc., and the…

01.10.24 | Newsroom

Baltimore Aircoil Announces Plans to Expand in Rhea County

Baltimore Aircoil, a cooling equipment manufacturer, announced plans to expand operations in Rhea County. Plans for the project include creating 63 new jobs and investing $16.5 million in its Dayton manufacturing facility. Economic development partners include Dayton Electric Department, Rhea Economic & Tourism Council, Rhea County Government, City of Dayton and the Tennessee Department of…

12.15.23 | Newsroom

NewBasis LLC to Establish Operations in Wilson County

NewBasis, LLC, a fiberglass and polymer manufacturer, announced plans to establish operations in Wilson County. Plans include creating 249 new jobs and $16 million through the company’s Lebanon project. Economic development partners include Middle Tennessee Electric, Joint Economic Development Board of Wilson County and the Tennessee Department of Economic and Community Development. This project furthers…

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News Index

Vibrant Health Products, Inc., To Establish its First U.S. Manufacturing Facility in Fayette County, Tennessee

Vibrant Health Products, Inc., an organic food products producer, announced plans to establish its first U.S. manufacturing facility in Fayette County, Tennessee. Plans for the project include creating 394 new jobs and investing $48.5 million in the company’s operations. Economic development partners include Chickasaw Electric Cooperative, Greater Memphis Chamber, City of Rossville, Fayette County and...

Master Machine, LLC, To Expand Operations in Hamilton County

Master Machine, LLC, a system design and manufacturer of products primarily for nuclear-focused industries, announced plans to expand operations in Hamilton County. Plans for the project include creating 44 new jobs and investing $12 million in the company’s Chattanooga operations. Economic development partners include EPB, Chattanooga Area Chamber of Commerce, Hamilton County, the city of...

Clayton Supply Announces Plan to Expand Operations in Hamblen County

Clayton Supply, a leading homebuilding company, announced plans to expand operations in Hamblen County. Plans for the project include creating 90 new jobs and investing $6.8 million in the Morristown facility. Economic development partners include Morristown Utilities, Morristown Area Chamber of Commerce, City of Morristown, Hamblen County and the Tennessee Department of Economic and Community...