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.

01.18.24 | Newsroom

Accelera by Cummins, Daimler Trucks and PACCAR Announce Joint Venture for New Facility in Marshall County, Mississippi

Accelera by Cummins, Daimler Trucks & Buses and PACCAR, announced a new joint venture with plans to establish an advanced battery cell production facility in Marshall County, Mississippi. Plans for the impactful project include creating 2,000 new quality jobs and investing $1.9 billion to produce battery cells for electric commercial vehicles and industrial applications. Economic…

01.12.24 | Newsroom

Unitech North America to Establish its First U.S. Manufacturing Operations in Warren County

Unitech North America, a leading adhesive manufacturer, announced plans to establish its first US manufacturing operations in Warren County, Tennessee. Plans for the project include creating 75 new jobs and invest $30 million in the Morrison facility. Economic development partners include Caney Fork Electric Cooperative, the Industrial Development Board of McMinnville-Warren County, Inc., and the…

01.10.24 | Newsroom

Baltimore Aircoil Announces Plans to Expand in Rhea County

Baltimore Aircoil, a cooling equipment manufacturer, announced plans to expand operations in Rhea County. Plans for the project include creating 63 new jobs and investing $16.5 million in its Dayton manufacturing facility. Economic development partners include Dayton Electric Department, Rhea Economic & Tourism Council, Rhea County Government, City of Dayton and the Tennessee Department of…

12.15.23 | Newsroom

NewBasis LLC to Establish Operations in Wilson County

NewBasis, LLC, a fiberglass and polymer manufacturer, announced plans to establish operations in Wilson County. Plans include creating 249 new jobs and $16 million through the company’s Lebanon project. Economic development partners include Middle Tennessee Electric, Joint Economic Development Board of Wilson County and the Tennessee Department of Economic and Community Development. This project furthers…

12.14.23 | Newsroom

Xxentria Technology Materials Co. Plans to Establish its First U.S. Facility in Mt. Pleasant, Tennessee.

Xxentria Technology Materials Co., a metal composite material manufacturer, announced plans to establish its first U.S. facility in Mt. Pleasant, Tennessee. Plans for the project include creating 85 new jobs and investing $45 million in its Maury County facility. Economic development partners include Mt. Pleasant Power System, Maury Alliance, Middle Tennessee Industrial Development Association, and…

12.13.23 | Newsroom

Custom Foods of America Inc. Announces Plans to Expand Operations in Knox County

Custom Foods of America Inc., a food manufacturer and supplier, announced plans to expand operations in Knox County. Plans for the project include creating 249 new jobs and invest $51 million in the company’s Knoxville manufacturing and distribution facility. Economic development partners include Knoxville Utilities Board, Knox County mayor’s office, Knox County Commission, City of…

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…

« 1 … 10 11 12 13 14 … 42 »

News Index

Virginia Transformer announces plans to establish operations in Muscle Shoals, Alabama.

Virginia Transformer, North America’s largest power transformer manufacturer, announced plans to establish operations in Muscle Shoals, Alabama. Plans for the project include creating 1,100 new jobs at the company’s state-of-the-art operations in Colbert County. Economic development partners include Muscle Shoals Electric Board, Shoals EDA, Alabama Department of Commerce, Norfolk Southern, City of Muscle Shoals, Colbert County and...

Underground Solutions, Inc. announces plans to establish operations in Batesville, Mississippi.

Underground Solutions, Inc., an infrastructure technology company, announced plans to establish operations in Batesville, Mississippi. The company plans to invest $80 million in the manufacturing facility and create 50 new jobs. Economic development partners include Tallahatchie Valley Electric Power Association, Panola Partnership, Mississippi Development Authority and TVA. This project furthers TVA’s mission of service to help improve the...

Light Electric Vehicles announces plans to establish operations in Algood, Tennessee.

Light Electric Vehicles (LEV), an electric bicycle manufacturer, announced plans to establish operations in Algood, Tennessee. Plans for the project include creating 288 new jobs and investing $7 million in the company’s Putnam County production and distribution facility. Economic development partners include Upper Cumberland Electric Membership Corporation, the Tennessee Department of Economic and Community Development, Highlands Economic Partnership, Putnam County...