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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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07.12.22 | Newsroom

Columbia Industries, LLC, announced plans to locate operations in Starkville, Mississippi.

Columbia Industries, LLC, a heavy equipment manufacturer, announced plans to locate operations in Starkville, Mississippi. Plans for the project include creating 62 jobs and investing $9.5 million in the company’s operations. Economic development partners include Starkville Utilities, Golden Triangle Development Link, and Mississippi Development Authority. This project furthers TVA’s mission to help improve the quality of life for the…
06.30.22 | Newsroom

Toast, Inc. announced plans to establish operations in Davidson County.

Toast, Inc., a digital platform for the restaurant industry, announced plans to establish operations in Davidson County. Plans for the company’s new configuration facility include creating more than 100 new jobs in the region. Economic development partners include Nashville Electric Service, Nashville Area Chamber, and Tennessee Department of Economic and Community Development. This project helps further TVA’s…
06.22.22 | Newsroom

Rockford Spring Company announced plans to locate operations in Marshall County, Tennessee

Rockford Spring Company, a custom spring and wire manufacturer, announced plans to locate operations in Marshall County, Tennessee. Plans for the project include creating 62 new jobs and investing $10 million as the company establishes manufacturing operations in Lewisburg. Economic development partners include Lewisburg Electric System, Middle Tennessee Industrial Development Association, Marshall County Joint Economic and Community Development Board,…
06.14.22 | Newsroom

Meta (formerly known as Facebook) announced plans to expand its data center operations in Huntsville, AL and Gallatin, TN.

  Meta (formerly known as Facebook) announced plans to expand its data center operations in Huntsville, AL and Gallatin, TN.  Plans for the projects include a combined investment of $950 million and an additional 200 jobs. The projects bring Meta’s total investment in the Valley to $2.5 billion and 400 jobs across both facilities. Economic development partners include Gallatin…
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…
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News Index

Hyosung HICO to Expand Operations in Memphis, Tennessee

Hyosung HICO, a power transformer manufacturer, announced plans to expand operations in Memphis, Tennessee. Plans for the project include creating 120 new jobs and investing $51 million in the company’s U.S. manufacturing headquarters. Economic development partners include Memphis Light Gas and Water, the Greater Memphis Chamber, Memphis Shelby County EDGE and the Tennessee Department of...

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GE Aerospace Announces Plans to Expand Operations in Batesville, Mississippi

GE Aerospace, an aerospace and defense company, announced plans to expand operations in Batesville, Mississippi. Plans for the project include creating 100 new jobs and investing $11 million as the company increases production at the Panola County site. Economic development partners include Tallahatchie Valley Electric Power Association, Panola Partnership, and the Mississippi Development Authority. This...

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Troax Group to Locate Operations in Portland, Tennessee

Troax Group, a wire mesh safety solutions manufacturer, announced plans to locate operations in Portland, Tennessee. Plans for the project include creating 120 new jobs and investing $23 million in the company’s Robertson County operations. Economic development partners include Cumberland Electric Membership Corporation, the City of Portland, Robertson County and the Tennessee Department of Economic...

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