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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.

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04.1.26 | Newsroom

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…
03.27.26 | Newsroom

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….
03.25.26 | Newsroom

Morgan Steel to Expand Operations in Memphis, Tennessee

Morgan Steel, a steel manufacturer and distributor, announced plans to expand operations in Memphis, Tennessee. Plans for the project include creating 119 new jobs and investing $11 million in the company’s Shelby County headquarters facility. Economic development partners include Memphis Light Gas and Water, the Tennessee Department of Economic and Community Development, Greater Memphis Chamber, and EDEGE. This project…
03.12.26 | Newsroom

Create Energy Announces Plans to Expand Operations in Robertson and Sumner Counties, Tennessee

Create Energy, U.S.-based renewable energy company, announced plans to expand operations in Robertson and Sumner Counties, Tennessee. Plans for the project include creating 973 jobs and investing $67 million in a new location announcement in Orlinda and creating 30 jobs and investing $2 million to expand its Portland location. Economic development partners include Cumberland Electric Membership Corporation, Tennessee Department…
02.26.26 | Newsroom

Durable Products to Expand in Cumberland County, Tennessee

Durable Products, a rubber products supplier, announced plans to expand operations in Cumberland County, Tennessee. Plans for the project include creating 134 new jobs and investing $27 million in the company’s Crossville operations. Economic development partners include Volunteer Energy Cooperative, the Crossville-Cumberland Chamber of Commerce, and the Tennessee Department of Economic and Community Development. This…
02.11.26 | Newsroom

Spartan Composites Announces Plans to Establish Operations in Saltillo, Mississippi

Spartan Composites, an advanced composite materials manufacturer, announced plans to establish operations in Saltillo, Mississippi. Plans for the project include creating 45 new jobs and investing $49 million in the company’s Lee County location. Economic development partners include Mississippi Development Authority, Tombigbee Electric Power Association, and the Community Development Foundation. This project furthers TVA’s mission…
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