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.

10.11.24 | Newsroom

The Anderson-DuBose Company to Establish First Distribution Facility in Jefferson City, Tennessee

The Anderson-DuBose Company, a distributor for the food service industry, announced plans to establish operations in Jefferson City, Tennessee. Plans for the project include creating 80 new jobs and investing $40 million in the company’s facility. Economic development partners include Appalachian Electric Cooperative, Jefferson County Alliance, City of Jefferson City, Jefferson County, Norfolk Southern Railway,…

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…

09.9.24 | Newsroom

Builders Supply Co. expands in DeKalb County, Alabama

Builders Supply Co. Inc., a building materials and supply manufacturer, announced plans to expand operations in Dekalb County, Alabama. Plans for the project include investing $10.6 million in a new Fort Payne facility and creating an additional 10 jobs. Economic development and local power company partners include Fort Payne Improvement Authority, City of Fort Payne,…

09.4.24 | Newsroom

Orano USA Seeks To Locate Uranium Enrichment Operations in Oak Ridge, Tennessee

Orano USA, a leading provider of materials and services to the US nuclear industry, announced plans to locate a state-of-the-art centrifuge uranium enrichment facility in Oak Ridge, Tennessee. Plans for the project include creating more than 300 new jobs, with an historic capital investment towards furthering an ecosystem for the future of nuclear advancement in…

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…

08.22.24 | Newsroom

Broad Support for TVA’s Advanced Nuclear Leadership

The Tennessee Valley Authority Board of Directors, on Thursday, approved $150 million in additional advanced nuclear funding to support continued design work and TVA’s development of potential small modular reactors (SMRs) at its Clinch River site near Oak Ridge, Tenn. The Board, which approved an initial $200 million at its February 2022 board meeting, has…

08.13.24 | Newsroom

MD Carts LLC to Expand in Johnson City, Tennessee

MD Carts, LLC, a manufacturer of golf carts, announced plans to expand operations in Johnson City, Tennessee. Plans for the project include creating 200 new jobs and investing $10 million to allow for larger production capacity. Economic development partners include BrightRidge, the City of Johnson City, Washington County Economic Development Council and the Tennessee Department of Economic and Community…

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…

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News Index

Lumber Liquidators to Establish Headquarters in Lawrenceburg, Tennessee

Lumber Liquidators announced plans to establish headquarters and warehousing operations in Lawrenceburg, Tennessee. Plans for the project include creating 76 jobs and investing $32.4 million in the company’s Lawrence County facility. Economic development partners include Lawrenceburg Utility Systems, the Lawrence County Chamber of Commerce, Middle Tennessee Industrial Development Association, and the Tennessee Department of Economic...

Stupp Bridge to Expand Operations in Bowling Green, Kentucky

Stupp Bridge, a leading bridge fabrication and steel structure manufacturer, announced plans to expand operations in Bowling Green, Kentucky. Plans for the project include creating 15 new jobs and investing $2.7 million in the company’s Warren County facility. Economic development partners include Warren Rural Electric Cooperative, the Bowling Green Chamber, and the Kentucky Cabinet for...

Hadrian Announces New Operations in Colbert County, Alabama

Hadrian, a submarine components parts manufacturer, announced plans to establish operations in Colbert County, Alabama. Announced plans for the project include investing $2 billion and creating 1,000 new jobs at the company’s Sheffield operations. Economic development partners include Sheffield Utilities, Alabama Department of Commerce, Shoals Economic Development Authority, Colbert County and the City of Sheffield....