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.

08.2.22 | Newsroom

Ascend Elements announced plans to establish operations in Hopkinsville, Kentucky.

Ascend Elements, a manufacturer of sustainable lithium-ion battery materials for the Electric Vehicle industry, announced plans to establish operations in Hopkinsville, Kentucky. Plans for the project include creating 250 new jobs and investing $310 million in the EV battery materials and recycling operations. Economic development partners include Pennyrile RECC, Southwestern Kentucky Economic Development Council and the Kentucky Cabinet for…

07.29.22 | Newsroom

O-I Glass, announced plans to establish operations in Bowling Green, Kentucky.

O-I Glass, an innovative glass bottle producer, announced plans to establish operations in Bowling Green, Kentucky. Plans for the project include creating 140 new jobs and investing $239 million to provide the company increased production capacity of sustainable packaging solutions. Economic development partners include Warren RECC, the Bowling Green Area Chamber of Commerce and Kentucky Cabinet for Economic Development….

07.28.22 | Newsroom

Duksan Electera America, Inc announced plans to establish operations in Shelbyville, Tennessee

Duksan Electera America, Inc., an electrolyte manufacturer for the Electric Vehicle battery industry, announced plans to establish operations in Shelbyville, Tennessee. Plans for the project include creating 100 new jobs and investing $95 million to locate the company’s first North American manufacturing facility in Bedford County. Economic development partners include Duck River Electric Membership Corporation, Shelbyville-Bedford Partnership, Middle Tennessee Industrial Development…

07.27.22 | Newsroom

WACKER, announced plans to expand operations in Bradley County, Tennessee

WACKER, a global chemical manufacturing and research and development company, announced plans to expand operations in Bradley County, Tennessee. Plans for the project include investing over $200 million and creating more than 200 new jobs, adding to WACKER-Charleston’s existing workforce of 700. This is the second major expansion the company will make in the region since creating a…

07.26.22 | Newsroom

Highland Ventures, Ltd. announced plans to establish operations in Williamson County, Tennessee.

Highland Ventures, Ltd., a leading holding company to top brands in the restaurant, fitness, video rental and commercial real estate industries, announced plans to establish operations in Williamson County, Tennessee. Plans for the project include creating 80 new jobs and investing $8 million as the company relocates its headquarters to middle Tennessee. Economic development partners include Nashville Electric Service,…

07.21.22 | Newsroom

iFixit announced plans to establish operations in Hamilton County, Tennessee.

iFixit, an e-commerce repair company, announced plans to establish operations in Hamilton County, Tennessee. Plans for the project include creating 200 new jobs and investing $24 million in the company’s Chattanooga facility. Economic development partners include EPB, City of Chattanooga, Hamilton County, Chattanooga Chamber of Commerce and Tennessee Department of Economic and Community Development. This project helps further TVA’s…

07.20.22 | Newsroom

Multi-Color Corporation announced plans to expand operations in Bowling Green, Kentucky.

Multi-Color Corporation, a commercial printer, announced plans to expand operations in Bowling Green, Kentucky. Plans for the project include the creation of 60 new jobs and investing $4.8 million as the company rebrands and expands its Bowling Green facility. Economic development partners include Warren RECC, Bowling Green Chamber of Commerce and Kentucky Cabinet for Economic Development.

07.20.22 | Newsroom

Kroger Fulfillment Network, LLC announced plans to locate in Davidson County, Tennessee.

Kroger Fulfillment Network, LLC , a division of Kroger Co., America’s largest grocery retailer, announced plans to locate in Davidson County, Tennessee. Plans for the spoke facility include creating 180 new jobs in Nashville. Economic development partners include Nashville Electric Service, Nashville Area Chamber, and Tennessee Department of Economic and Community Development.

07.19.22 | Newsroom

TechnologyAdvice, LLC announced plans to expand operations in Nashville, Tennessee.

TechnologyAdvice, LLC, a business-to-business technology marketing platform, announced plans to expand operations in Nashville, Tennessee. Plans for the project include creating 350 new jobs and investing $2.7 million as the company expands its headquarters and other back-office functions in Nashville. Economic development partners include Nashville Electric Service, Nashville Area Chamber and Tennessee Department of Economic and Community Development.

07.18.22 | Newsroom

Altex Tube LLC announced plans to locate operations in Columbus, Mississippi.

Altex Tube LLC, a steel tubing manufacturer, announced plans to locate operations in Columbus, Mississippi. Plans for the project include the creation of 58 new jobs and $110 million investment as the company locates on the Steel Dynamics campus in Lowndes County. Economic development partners include 4-County Electric Power Association, Golden Triangle Development Link and Mississippi Development Authority.

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News Index

Hyosung HICO to Expand Operations in Memphis, Tennessee

Hyosung HICO, a power transformer manufacturer, announced plans to expand operations in Memphis, Tennessee. Plans for the project include creating 120 new jobs and investing $51 million in the company’s U.S. manufacturing headquarters. Economic development partners include Memphis Light Gas and Water, the Greater Memphis Chamber, Memphis Shelby County EDGE and the Tennessee Department of...

GE Aerospace Announces Plans to Expand Operations in Batesville, Mississippi

GE Aerospace, an aerospace and defense company, announced plans to expand operations in Batesville, Mississippi. Plans for the project include creating 100 new jobs and investing $11 million as the company increases production at the Panola County site. Economic development partners include Tallahatchie Valley Electric Power Association, Panola Partnership, and the Mississippi Development Authority. This...

Troax Group to Locate Operations in Portland, Tennessee

Troax Group, a wire mesh safety solutions manufacturer, announced plans to locate operations in Portland, Tennessee. Plans for the project include creating 120 new jobs and investing $23 million in the company’s Robertson County operations. Economic development partners include Cumberland Electric Membership Corporation, the City of Portland, Robertson County and the Tennessee Department of Economic...