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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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10.28.26 | Newsroom

Helix Electrical, manufacturer of electrical components and large modular assemblies, announces plans to establish operations at a groundbreaking in Jackson County, Alabama.

Helix Electrical, manufacturer of electrical components and large modular assemblies, announced plans to establish operations at a groundbreaking in Jackson County, Alabama. The company plans to create 160 jobs and invest $45M in its new Advanced Fabrication Campus. Economic development partners include North Alabama Electric Cooperative, Jackson County EDA, the Alabama Department of Commerce and TVA. This project furthers…
10.23.26 | Newsroom

Valmont Industries, producer of engineered steel transmission, distribution and substation structures, announces plans to expand operations in Jasper, Tennessee.

Valmont Industries, a producer of engineered steel transmission, distribution and substation structures, announced plans to expand operations in Jasper, Tennessee. The company plans to create 84 new jobs and invest $45 million in its Marion County operations to support increased production. Economic development partners include Sequachee Valley Electric Cooperative, Marion County government, the Tennessee Department of Economic and Community…
10.22.26 | Newsroom

ITT Goulds Pumps, global pump manufacturer, announces plans to establish operations in Memphis, Tennessee.

ITT Goulds Pumps, a global pump manufacturer, announced plans to establish operations in Memphis, Tennessee. The company plans to create 57 new jobs and invest $30 million in its new manufacturing and distribution center. Economic development partners include Memphis Light Gas and Water, the Greater Memphis Chamber, EDGE, the Tennessee Department of Economic and Community Development, and TVA. This…
09.10.26 | Newsroom

General Atomics, advanced technologies manufacturer, announces plans to expand operations in Lee County, Mississippi.

General Atomics, an advanced technologies manufacturer for the defense industry, announced plans to expand operations in Lee County, Mississippi. The company plans to create 125 new jobs and invest $87 million to expand production capabilities at its Shannon facility. Economic development partners include the Tombigbee Electric Power Association, Community Development Foundation, Mississippi Development Authority, and TVA. This project furthers…
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…
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