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.

07.19.22 | Newsroom

TechnologyAdvice, LLC announced plans to expand operations in Nashville, Tennessee.

TechnologyAdvice, LLC, a business-to-business technology marketing platform, announced plans to expand operations in Nashville, Tennessee. Plans for the project include creating 350 new jobs and investing $2.7 million as the company expands its headquarters and other back-office functions in Nashville. Economic development partners include Nashville Electric Service, Nashville Area Chamber and Tennessee Department of Economic and Community Development.

07.18.22 | Newsroom

Altex Tube LLC announced plans to locate operations in Columbus, Mississippi.

Altex Tube LLC, a steel tubing manufacturer, announced plans to locate operations in Columbus, Mississippi. Plans for the project include the creation of 58 new jobs and $110 million investment as the company locates on the Steel Dynamics campus in Lowndes County. Economic development partners include 4-County Electric Power Association, Golden Triangle Development Link and Mississippi Development Authority.

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…

News Index

MAHLE GmbH Announced Plans to Expand Operations in Hamblen County

MAHLE GmbH, an automotive supplier of electric compressors, announced plans to expand operations in Hamblen County. Plans for the project include investing $10 million and creating 50 new jobs, which will bring the company’s total headcount to nearly 800 people at its Morristown facility. Economic development partners include Morristown Utility System, Morristown Area Chamber of...

Parsons Corporation to Expand in Huntsville, Alabama

Parsons Corporation, a defense and intelligence contractor, announced plans to expand their presence in Huntsville, AL. Plans for the project include creating 198 new jobs and investing more than $5 million. Economic development partners include Huntsville Utilities, City of Huntsville, Alabama Department of Commerce, and the Huntsville-Madison County Chamber of Commerce. This project furthers TVA’s...

Performance Drones Works, PDW Announces Expansion in Huntsville, Alabama

Performance Drones Works, PDW, a robotics manufacturer for military and government operations, announced plans to expand its manufacturing operation in Huntsville, AL. Plans for the project include creating 525 new jobs and investing more than $9 million. Economic development partners include Huntsville Utilities, City of Huntsville, Alabama Department of Commerce, and the Huntsville-Madison County Chamber of...