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.

06.3.22 | Newsroom

Ariens Company announced plans to locate operations in Lincoln County, Tennessee.

Ariens Company, a global outdoor power equipment manufacturer, announced plans to locate operations in Lincoln County, Tennessee. Plans for the project include creating 369 new jobs and investing $38 million to locate its new manufacturing and warehouse facility in Tennessee. Economic development partners include Fayetteville Public Utilities, Fayetteville-Lincoln County Industrial Development Board, Middle Tennessee Industrial Development Association and Tennessee…

05.26.22 | Newsroom

Hollobus Technologies announced plans to locate operations in Murray, Kentucky

Hollobus Technologies, Inc., manufacturer of electrical power distribution connectors, announced plans to locate operations in Murray, Kentucky, creating 150 new jobs and $2.25 million in capital investment. The investment will locate the company’s head office, primary manufacturing operation and an R&D facility. Economic development partners include Murray Electric Systems, Murray-Calloway County Economic Development Corporation, and the Kentucky Cabinet for Economic…

05.6.22 | Newsroom

Tri-City Extrusion, Inc. announced plans to expand operations in Sullivan County, Tennessee

Tri-City Extrusion, Inc., an aluminum extrusion producer, announced plans to expand operations in Sullivan County, Tennessee. Plans for the project include creating 50 new jobs and investing $30 million to support customer demand and strengthen production at the company’s manufacturing operations. Economic development partners include Bristol Tennessee Essential Services, NETWORKS Sullivan Partnership, City of Bristol and Tennessee Department of…

05.4.22 | Newsroom

Steel Technologies announced plans to expand operations in Decatur, AL. Plans for the project include an additional 50 new jobs and an investment of $19 million.

Steel Technologies, a leading aluminum and steel processors in North America, announced plans to expand operations in Decatur, AL. Plans for the project include an additional 50 new jobs and an investment of $19 million. Economic Development partners include Joe Wheeler Electric Membership Corporation, Morgan County Economic Development Association, and the Alabama Department of Commerce.  This project helps…

04.20.22 | Newsroom

Toyota Motor Manufacturing announced plans to invest $222 million in a new four-cylinder production line with the capacity to produce engines for both the combustion and hybrid electric powertrains at its Huntsville, Alabama, facility.

Toyota Motor Manufacturing, a global automotive manufacturer, announced plans to invest $222 million in a new four-cylinder production line with the capacity to produce engines for both the combustion and hybrid electric powertrains at its Huntsville, Alabama, facility.  Economic Development partners include Huntsville Utilities, Huntsville-Madison County Chamber, City of Huntsville, and the Alabama Department of Commerce.  This…

04.13.22 | Newsroom

Envision AESC announced plans to establish operations in Bowling Green, Kentucky.

Envision AESC, a world leading battery technology company for Electric Vehicles, announced plans to establish operations in Bowling Green, Kentucky. Plans for the project include creating 2,000 new jobs and investing $2 billion in the new state-of-the-art gigafactory, producing battery cells and modules to power next generation Electric Vehicles. Economic development partners include Warren Rural Electric Cooperative Corporation, Kentucky Cabinet…

04.5.22 | Newsroom

Dot Foods, Inc. announced plans to establish operations in Manchester, Tennessee.

Dot Foods, Inc., a food industry redistribution company, announced plans to establish operations in Manchester, Tennessee. Plans for the project include creating 170 new jobs and investing $50 million in its new Coffee County distribution center. Economic development partners include Duck River Electric Membership Corporation, Tennessee Department of Economic and Community Development, Middle Tennessee Industrial Development Association, and the…

03.29.22 | Newsroom

Baxter International Inc. announced plans to establish operations in Marshall County, Mississippi

Baxter International Inc., a provider of leading healthcare solutions, announced plans to establish operations in Marshall County, Mississippi. Plans for the project include creating 105 jobs and investing $11.6 million in the company’s distribution operations. Economic development partners include Northcentral Electric Cooperative, Mississippi Development Authority, Marshall County Industrial Development Authority and Marshall County.

03.29.22 | Newsroom

Ultimate Linings, LLC. announced plans to establish operations in Wilson County, Tennessee

Ultimate Linings, LLC, a global leader in protective coatings for the automotive industry, announced plans to establish operations in Wilson County, Tennessee. Plans for the project include creating 50 new jobs and investing $31 million in the company’s chemical manufacturing facility. Economic development partners include Middle Tennessee Electric, the Joint Economic and Community Development Board of Wilson County and…

News Index

Glaukos Corporation to Establish Operations in Huntsville, Alabama

Glaukos Corporation, a global ophthalmic pharmaceutical and medical technology company, announced plans to establish operations in Huntsville, Madison County, Alabama. Plans for the project include creating 154 new jobs and investing more than $82 million in the company’s research, development, and manufacturing facility. Economic development partners include Huntsville Utilities, Huntsville-Madison County Chamber of Commerce, City of Huntsville, Alabama Department of Commerce,...

Kitchen Food Co., Announces Plans to Establish Operations in Hopkinsville, Kentucky

Kitchen Food Co., a global prepared foods producer, announced plans to establish operations in Hopkinsville, Kentucky. The company plans to locate in the Hopkinsville-Christian County Spec Building, which was assisted by TVA InvestPrep program, creating 925 jobs and investing $69 million in the company’s new world-class facility. This project marks the largest job-creation announcement in...

Performance Food Group to Expand Operations in Hamblen County, Tennessee

Performance Food Group, a foodservice company, announced plans to expand operations in Hamblen County. Plans for the project include creating 37 new jobs and investing $33 million its Morristown facility. Economic development partners include Morristown Utilities, the Morristown Area Chamber of Commerce, and the Tennessee Department of Economic and Community Development. This project furthers TVA’s...