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.

03.20.24 | 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…

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…

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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...