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.

02.3.22 | Newsroom

Monogram Assembled Foods, LLC announced plans to establish operations in Dickson, Tennessee

Monogram Assembled Foods, LLC, a manufacturer of packaged and value-added foods, announced plans to establish operations in Dickson, Tennessee. Plans for the project include creating 400 new jobs and investing $53.5 million in the Tennessee-based company’s facility. Economic development partners include Dickson Electric System, Dickson County Economic Development Alliance, and Tennessee Department of Economic and Community Development. This project…

01.27.22 | Newsroom

PennyMac Financial Services, Inc. announced plans to establish operations in Franklin, Tennessee

PennyMac Financial Services, Inc., a consumer direct lending business, announced plans to establish operations in Franklin, Tennessee. Plans for the project include creating 350 new jobs to support the company’s mortgage origination center. Economic development partners include Middle Tennessee Electric, Williamson Inc., and Tennessee Department of Economic and Community Development. This project helps further TVA’s mission of…

01.26.22 | Newsroom

Fiberon announced plans to establish operations in Maury County

Fiberon, a leading manufacturer of wood-alternative eco-friendly decking products, announced plans to establish operations in Maury County. Plans for the project include creating 310 new jobs at the company’s Columbia facility. Economic development partners include Columbia Power and Water Systems, Maury County Chamber and Economic Alliance, Middle Tennessee Industrial Development Association, and Tennessee Department of Economic and…

01.20.22 | Newsroom

3M announced plans to expand operations in Clinton, Tennessee

3M, a leading global consumer goods producer, announced plans to expand operations in Clinton, Tennessee. Plans for the project include adding nearly 600 jobs and investing $470 million to expand two of its fast-growing product lines: Filtrete™ air filters and Command™ adhesive strips, allowing the company to respond to growing consumer demand. Economic development partners include Clinton Utilities Board, Anderson…

01.12.22 | Newsroom

Novelis announced plans to expand its recently opened operations in Guthrie, Kentucky

Novelis, an aluminum producer and recycler, announced plans to expand its recently opened operations in Guthrie, Kentucky. Plans for the project include creating 140 new jobs and investing $365 million to increase capacity to serve the automotive market. Economic development partners include Pennyrile RECC, the Kentucky Cabinet of Economic Development, Southwestern Kentucky Economic Development Kentucky Economic Development Council, Todd…

01.12.22 | Newsroom

REI Co-op announced plans to establish operations in Lebanon, Tennessee

REI Co-op, the nation’s largest consumer co-op and specialty outdoor retailer, announced plans to establish operations in Lebanon, Tennessee. Plans for the project include creating 280 new jobs at the company’s new distribution center. Economic development partners include Middle Tennessee Electric, Joint Economic and Community Development Board of Wilson County, and Tennessee Department of Economic and Community…

12.13.21 | Newsroom

West Star Aviation announced plans to expand operations in Chattanooga, TN

West Star Aviation, a full-service aircraft maintenance, repair and overhaul company, announced plans to expand operations in Chattanooga, TN. Plans for the project include creating 100 jobs and investing $17 million in the Hamilton County facility to support growth. Economic development partners include EPB and Tennessee Department of Economic and Community Development. This project furthers TVA’s mission of service…

12.7.21 | Newsroom

Sinova Global announced plans to establish operations in Lake County, Tennessee

Sinova Global, a silicon metal producer, announced plans to establish operations in Lake County, Tennessee. Plans for the project include creating 140 new jobs and investing $150 million in the new state-of-the-art silicon metal refining plant. The silicon metal produced at the Tiptonville plant will be used to manufacture silicone anode batteries, solar cells, semiconductors and aluminum and is…

12.6.21 | Newsroom

Nashville Box, LLC announced plans to locate operations in Lebanon, Tennessee

Nashville Box, LLC, a corrugated box manufacturer, announced plans to locate operations in Lebanon, Tennessee. Plans for the project include creating 48 new jobs and investing $3.3 million to support growth and service businesses with high volume corrugated packaging needs. Economic development partners include Middle Tennessee Electric, Joint Economic and Community Development Board of Wilson County, and Tennessee Department…

11.30.21 | Newsroom

Anatolia Granite and Marble Corp announced plans to expand operations in Putnam County, Tennessee

Anatolia Granite and Marble Corp, a natural stone, glass and metal manufacturer, announced plans to expand operations in Putnam County, Tennessee. Plans for the project include creating 40 new jobs and investing $567,000 in the Baxter facility. Economic development partners include Upper Cumberland Electric Membership Corporation, City of Baxter, Highlands Economic Partnership, Upper Cumberland Development District, Small Business Center…

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News Index

Shinsung ST USA To Establish Operations in Simpson County, Kentucky

Shinsung ST USA, a leading innovator in energy storage solutions, announced plans to establish operations in Simpson County. Plans for the project include creating 100 new jobs and investing $53 million in the Franklin manufacturing operations. Economic development partners include Warren RECC, Franklin-Simpson County Industrial Development Authority and the Kentucky Cabinet for Economic Development. This...

Barrett Firearms Manufacturing, Inc., To Expand Operations in Rutherford County

Barrett Firearms Manufacturing, Inc., a firearm and ammunition manufacturer, announced plans to expand operations in Rutherford County. Plans for the project include creating 183 new jobs and investing more than $76 million in the company’s new headquarters and state-of-the-art manufacturing facility. Economic development partners include Middle Tennessee Electric, Rutherford County Chamber of Commerce, and the...

CG Model Tek LLC to Establish Operations in Tullahoma, Tennessee

CG Model Tek LLC, an aerospace modeling and manufacturing company, announced plans to establish operations in Tullahoma, Tennessee. Plans for the project include creating 32 new jobs and investing $4.5 million in the company’s Coffee County facility. Economic development partners include Tullahoma Utilities Board, Industrial Board of Coffee County, Tullahoma Chamber of Commerce, Middle Tennessee...