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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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09.9.26 | Newsroom

Siemens Healthineers, a global technology company, announces plans to expand operations in Blount County, Tennessee.

Siemens Healthineers, a global technology company, announced plans to expand operations in Blount County, Tennessee. Plans for the project include creating more than 90 new jobs and investing $43.6 million in the company’s Molecular Imaging PET Detector Center for research and development and material production. Economic Development partners include Maryville Electric Department, the Tennessee Department of Economic and Community…
08.25.26 | Newsroom

Dometic, a global outdoor technology company, announces plans to expand operations in Sparta, Tennessee.

Dometic, a global outdoor technology company, announced plans to expand operations in Sparta, Tennessee. Plans for the project include creating more than 90 new jobs at its White County manufacturing facility. Economic development partners include Sparta Electric & Public Works, the Highlands Economic Partnership, the Tennessee Department of Economic and Community Development, and TVA. This project furthers…
08.20.26 | Newsroom

Solero Technologies, a leading global automotive supplier, announces plans to expand operations in Water Valley, Mississippi

Solero Technologies, a leading global automotive supplier, announced plans to expand operations in Water Valley, Mississippi. Plans for the project include creating 86 new jobs and investing $14 million to upgrade and add new lines at the company’s Yalobusha County operations. Economic development partners include Water Valley Utilities Commission, the city of Water Valley, Yalobusha County Economic Development District,…
08.18.26 | Newsroom

Marathon Cheese, a custom cheese packaging and transportation company, announces plans to expand operations in Booneville, Mississippi

Marathon Cheese, a custom cheese packaging and transportation company, announced plans to expand operations in Booneville, Mississippi. Plans for the project include creating 39 new jobs and investing $326,000 as the company expands production at its Prentiss County location. Economic development partners include Prentiss County Electric Power Association, Mississippi Development Authority,  Prentiss County Development Association, and TVA. This project…
08.14.26 | Newsroom

The Lumber Manufactory, a sawmill operator, announces plans to establish operations in New Albany, Mississippi

The Lumber Manufactory, a sawmill operator, announced plans to establish operations in New Albany, Mississippi. Plans for the project include creating 50 new jobs and investing $15 million in the company’s mill operations. Economic development partners include New Albany Light Gas and Water, Three Rivers PPD, Union County, Mississippi Development Authority, and TVA. This project furthers TVA’s mission of…
08.13.26 | Newsroom

Prysmain, a global energy and digital connections solutions provider, announces plans to expand operations in Jackson, Tennessee

Prysmain, a global energy and digital connections solutions provider, announced plans to expand operations in Jackson, Tennessee. The company plans to create 100 new jobs and invest $100 million in its Madison County operations. Economic development partners include Jackson Energy Authority, the Jackson Chamber, City of Jackson, Madison County, the Tennessee Department of Economic and Community Development, and TVA. This…
08.11.26 | Newsroom

Kyoto Fusioneering announces plans to establish operations in Oak Ridge, Tennessee.

Kyoto Fusioneering, a premier fusion technology and integrated systems developer, announced plans to establish operations in Oak Ridge, Tennessee. Plans for this project include creating 51 new jobs and investing $47 million in the company’s U.S. headquarters operations in Anderson County. Economic development partners include Oak Ridge Electric Department, Oak Ridge National Laboratory, U.S. Department of Energy, City of…
08.6.26 | Newsroom

Traxion Materials, a tire recycling company, announces plans to expand operations in Campbell County, Tennessee.

Traxion Materials, a tire recycling company, announced plans to expand operations in Campbell County, Tennessee. The company plans to create 49 new jobs and invest $5 million to expand its Jacksboro recycling and upcycling operations. Economic development partners include LaFollette Utilities Board, the Tennessee Department of Economic and Community Development, East Tennessee Economic Development Agency, Campbell County Industrial Board,…
08.4.26 | Newsroom

Energizing Tennessee: Recruiting for the Nuclear Renaissance with Derrick Collins, TVA

Advanced energy 🤝 economic development. Derrick Collins, Regional Economic Development Consultant for the Tennessee Valley Authority joins Energizing Tennessee to discuss: Click here to listen. About Energizing Tennessee: Energizing Tennessee, powered by the Tennessee Advanced Energy Business Council, explores the latest news and insights about the advanced energy sector. Hear from advanced energy leaders and experts…
07.29.26 | News

Bridgetown Natural Foods, a sustainable food producer, announces plans to expand operations in Wilson County, Tennessee.

Bridgetown Natural Foods, a sustainable food producer, announced plans to expand operations in Wilson County, Tennessee. Plans for the project include creating 237 new jobs and investing more than $24 million, adding additional lines at the company’s facility. Economic development partners include Middle Tennessee Electric, the Tennessee Department of Economic and Community Development, and the Joint Economic and…
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