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…

11.28.23 | 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…

10.5.23 | 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…

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…

News Index

Aluminum Dynamics, an aluminum recycling and manufacturing company announces plans to develop a recycled aluminum slab center in Lowndes County, Mississippi.

Aluminum Dynamics, an aluminum recycling and manufacturing company announced plans to develop a recycled aluminum slab center in Lowndes County, Mississippi. Plans for the project include creating 100 new jobs and investing more than $200M in the company’s operations. Economic development partners include 4-County EPA, Mississippi Development Authority, Golden Triangle Development LINK, and TVA. This project furthers TVA’s mission of service to help improve the quality of life for...

TRISO-X, a nuclear fuel company, announces plans to expand operations in Roane County, Tennessee.

TRISO-X, a nuclear fuel company, announced plans to expand operations in Roane County, Tennessee. The companyplans to create 1,140 new jobs and invest hundreds of millions of dollars in the new fuel facility, research and development center. Economic development partners include City of Oak Ridge Electric Department, Tennessee Department of Economic and Community Development, U.S. Department of Energy, East Tennessee Economic Development Agency, Roane County,...

Jabil, a global engineering, supply chain and manufacturing solutions provider, announced plans to open a new facility in Marshall County, Mississippi.

Jabil, a global engineering, supply chain and manufacturing solutions provider, announced plans to open a new facility in Marshall County, Mississippi. The company plans to create approximately 2,200 new jobs and invest more than $119 million in its operations. Economic development partners include Northcentral Electric Cooperative, Mississippi Development Authority, Marshall County Industrial Development Authority, Accelerate MS, and TVA. This project...