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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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10.27.21 | Newsroom

Faurecia announced plans to expand operations in Spring Hill, Tennessee

Faurecia, an automotive components manufacturer, announced plans to expand operations in Spring Hill, Tennessee. Plans for the project include creating 170 new jobs and investing $18 million to expand operations and increase manufacturing capabilities to support production to several major OEMs. Economic development partners include Columbia Power & Water Systems, Maury Alliance, Middle Tennessee Industrial Development Association, and Tennessee…
10.22.21 | Newsroom

Lodge Manufacturing Company announced plans to expand its Marion County operations

Lodge Manufacturing Company, America’s oldest manufacturer of cast iron cookware, announced plans to expand its Marion County operations. Plans for this project include creating 239 jobs and investing $56 million to enhance production capabilities. Economic development partners include Sequachee Valley Electric Cooperative, Marion County Government, City of South Pittsburg Government, and Tennessee Department of Economic and Community Development. This…
10.20.21 | Newsroom

Steam Logistics announced plans to expand operations in Chattanooga

Steam Logistics, a third-party logistics company, announced plans to expand operations in Chattanooga. Plans for the project include creating 400 new jobs and investing nearly $7 million to support the Chattanooga-based company’s growth. Economic development partners include EPB, Chattanooga Area Chamber of Commerce, City of Chattanooga, Hamilton County and Tennessee Department of Economic and Community Development. This project furthers…
10.18.21 | Newsroom

Tull Brothers Inc. announced plans to expand operations in Corinth, Mississippi

Tull Brothers Inc., an industry-leading manufacturer and distributor of sustainable building opening solutions, announced plans to expand operations in Corinth, Mississippi. Plans for the project include investing $2 million, renovating an existing building and creating more than 15 jobs to support the company’s growth. Economic development partners include Alcorn County Electric Power Association, The Alliance, Alcorn County and Mississippi…
10.13.21 | Newsroom

Engineered Plastics Components, Inc. announced plans to expand operations at the company’s Bessemer, AL facility

Engineered Plastics Components, Inc., a thermal plastics automotive supplier, announced plans to expand operations at the company’s Bessemer, AL facility. Plans for the project include creating 75 jobs and investing $8 million.  Economic Development partners include Bessemer Electric Service, The City of Bessemer, Birmingham Business Alliance and the Alabama Department of Commerce. This project furthers TVA’s mission of…
10.7.21 | Newsroom

Firestone Building Products announced plans to expand operations in Nashville

Firestone Building Products, a leading manufacturer of roofing and building solutions,  announced plans to expand operations in Nashville. Plans for the project include creating 28 new jobs and investing $13 million to support the company headquarters expansion. Economic development partners include Nashville Electric Service, Nashville Area Chamber of Commerce and Tennessee Department of Economic and Community Development. This project…
10.6.21 | Newsroom

IMC Companies announced plans to expand its headquarters operations in Shelby County

IMC Companies, the largest marine drayage company in the U.S., announced plans to expand its headquarters operations in Shelby County. Plans for the project include creating 150 new jobs and investing $23 million to support the company’s growth. Economic development partners include MLGW, City of Collierville, Memphis / Shelby County EDGE, and Tennessee Department of Economic and Community Development….
10.4.21 | Newsroom

Harbor Steel & Supply Corp. announced plans to expand operations in Bowling Green, Kentucky

Harbor Steel & Supply Corp., a metals distributor and manufacturer, announced plans to expand operations in Bowling Green, Kentucky. Plans for the project include adding 25 new jobs and investing $8 million to support growth and meet supply demands. Economic development partners include Warren RECC, the Bowling Green Area Chamber of Commerce and Kentucky Cabinet for Economic Development. This…
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News Index

Glaukos Corporation to Establish Operations in Huntsville, Alabama

Glaukos Corporation, a global ophthalmic pharmaceutical and medical technology company, announced plans to establish operations in Huntsville, Madison County, Alabama. Plans for the project include creating 154 new jobs and investing more than $82 million in the company’s research, development, and manufacturing facility. Economic development partners include Huntsville Utilities, Huntsville-Madison County Chamber of Commerce, City of Huntsville, Alabama Department of Commerce,...

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Kitchen Food Co., Announces Plans to Establish Operations in Hopkinsville, Kentucky

Kitchen Food Co., a global prepared foods producer, announced plans to establish operations in Hopkinsville, Kentucky. The company plans to locate in the Hopkinsville-Christian County Spec Building, which was assisted by TVA InvestPrep program, creating 925 jobs and investing $69 million in the company’s new world-class facility. This project marks the largest job-creation announcement in...

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Performance Food Group to Expand Operations in Hamblen County, Tennessee

Performance Food Group, a foodservice company, announced plans to expand operations in Hamblen County. Plans for the project include creating 37 new jobs and investing $33 million its Morristown facility. Economic development partners include Morristown Utilities, the Morristown Area Chamber of Commerce, and the Tennessee Department of Economic and Community Development. This project furthers TVA’s...

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