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.

12.4.23 | Newsroom

Genera Announces Plans to Expand Operations in Monroe County, Tennessee

Genera, a sustainable fiber and biomaterials company, announced plans to expand operations in Monroe County, Tennessee. Plans for the project include creating more than 230 new jobs and investing $350 million in the agri-tech company’s Vonore facility. Economic development partners include Fort Loudoun Electric Cooperative, Monroe County mayor’s office, Monroe County Commission, Monroe County Economic…

11.30.23 | Newsroom

Sparta Metal Processing to Expand Operations in Sparta, Tennessee

Sparta Metal Processing, a metal remanufacturer, announced plans to expand operations in Sparta, Tennessee. Plans for the project include creating more than 50 new jobs and investing $12 million in the company’s White County headquarters operations. Economic development partners include Sparta Electric & Public Works, City of Sparta, White County and the Tennessee Department of…

11.28.23 | Newsroom

Axle Logistics Announces Plans to Expand Operations in Knoxville, Tennessee

Axle Logistics, LLC, a Tennessee-based, third-party logistics company, announced plans to expand operations in Knoxville. Plans for the project include creating more than 650 new jobs and investing nearly $38 million in the company’s Knoxville headquarters. Economic development partners include Knoxville Utilities Board, Knox County mayor’s office, Knox County Commission, Knox County Industrial Development Board,…

11.16.23 | Newsroom

Summit Behavioral Health Announces Plans to Expand Operations in Williamson County.

Summit Behavioral Health , a national provider of behavioral health treatment services, announced plans to expand operations in Williamson County. Plans for the project include creating 125 new jobs and investing $4.5 million in the company’s Franklin headquarters. Economic development partners include Middle Tennessee Electric, Williamson Inc., and the Tennessee Department of Economic and Community…

10.30.23 | Newsroom

Simpson Strong-Tie To Expand Operations in Gallatin, Tennessee

Simpson Strong-Tie, a leader in engineered structural connectors and building solutions, announced plans to expand operations in Gallatin, Tennessee. Plans for the project include creating 37 new jobs and investing $110 million in the Sumner County facility. Economic development partners include Gallatin Department of Electricity, Gallatin Economic Development Agency and the Tennessee Department of Economic…

10.5.23 | Newsroom

SGB Enterprises, Inc., announces plans to establish operations in Maury County, Tennessee.

10/05/23 SGB Enterprises, Inc., announced plans to establish operations in Maury County. Plans for the project include creating 40 new jobs and investing $1.7 million in the company’s Columbia headquarters and manufacturing operations. Economic development partners include Columbia Power and Water Systems, the Maury Alliance, Middle Tennessee Industrial Development Association and the Tennessee Department of…

10.3.23 | Newsroom

Malibu Boats, LLC, expands operations in Roane County, Tennessee

10/03/2023 Malibu Boats, LLC, a powerboat manufacturer, announced plans to expand operations in Roane County, Tennessee. Plans for the project include creating 770 new jobs and investing $75 million in the company’s second facility outside of its Loudon headquarters. Economic development partners include Lenoir City Utilities Board, Roane Alliance, East Tennessee Economic Development Agency and…

10.2.23 | Newsroom

Dutch Tech, Inc., expands operations in Lobelville, Tennessee

10/02/2023 Dutch Tech, Inc., a manufacturer of laminated insulation products, announced plans to expand operations in Lobelville, TN. Plans for the project include creating 73 new jobs and investing $755,000 to expand operations at the company’s Perry County headquarters. Economic development partners include Meriwether Lewis Electric Cooperative, Perry County Government and the Tennessee Department of…

09.12.22 | Newsroom

Riviana Foods Inc. announced plans to expand operations in Memphis, Tennessee.

Riviana Foods Inc., a consumer products processing and packaging company, announced plans to expand operations in Memphis, Tennessee. Plans for the project include creating 80 new jobs and investing more than $80 million to increase production capacity at the company’s state-of-the-art facility. Economic development partners include Memphis Light Gas and Water, City of Memphis, Shelby County, EDGE, Tennessee Department…

09.1.22 | Newsroom

United Launch Alliance announced plans to expand operations in Morgan County, AL.

United Launch Alliance, a leading manufacturer of rockets used for both government and commercial customers, announced plans to expand operations in Morgan County, AL. The project includes creating 51 new jobs and investing $317 million to serve a new contract from Amazon in accordance with their plans to launch a system of internet satellites. Economic development partners include Joe…

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News Index

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...

Stupp Bridge to Expand Operations in Bowling Green, Kentucky

Stupp Bridge, a leading bridge fabrication and steel structure manufacturer, announced plans to expand operations in Bowling Green, Kentucky. Plans for the project include creating 15 new jobs and investing $2.7 million in the company’s Warren County facility. Economic development partners include Warren Rural Electric Cooperative, the Bowling Green Chamber, and the Kentucky Cabinet for...

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....