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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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09.1.22 | Newsroom

Delavan Ag Pumps, Inc announced plans to establish operations in Elkton, Kentucky.

Delavan Ag Pumps, Inc., an agritech company, announced plans to establish operations in Elkton, Kentucky. Plans for the project include creating 30 new jobs and investing $2.3 million in the production and warehouse operations to support the company’s recently expanded lawn and garden business. Economic development partners include Pennyrile RECC, Southwestern Kentucky Economic Development Council, City of Elkton, Todd…
08.30.22 | Newsroom

Hankook Tire and Technology Co., Ltd, announced plans to expand operations in Montgomery County, TN.

Hankook Tire and Technology Co., Ltd, a leading global tire manufacturer, announced plans to expand operations in Montgomery County, TN. Plans for the project include creating 397 new jobs and investing $612 million in the company’s third major expansion since breaking ground at the state-of-the-art Clarksville facility in 2014. Economic development partners include Cumberland Electric Membership Corporation, Clarksville-Montgomery County…
08.29.22 | Newsroom

Ventcon announced plans to establish its first manufacturing operations outside of the company’s headquarters in Allen Park, Michigan

Ventcon, an industry leading HVAC sheet metal mechanical company, announced plans to establish its first manufacturing operations outside of the company’s headquarters in Allen Park, Michigan.  Plans for the new plant in Madison County, TN include investing $6.7 million and creating 75 new jobs. Economic development partners include the Jackson Chamber, Jackson Energy Authority, City of Jackson, Madison…
08.25.22 | Newsroom

Bridgestone Americas announced plans to expand operations in Warren County, Tennessee.

Bridgestone Americas, a global mobility company, announced plans to expand operations in Warren County, Tennessee. Plans for the significant expansion and modernization project include investing $550 million and creating 380 new jobs, increasing the existing headcount to more than 1,400 employees at the Morrison truck and bus radial tire facility. Economic development partners include the Industrial Development Board…
08.22.22 | Newsroom

Westlake Pipe and Fittings, plans to expand operations in Brownsville, Tennessee

Westlake Pipe and Fittings, a plastic fabrication company, plans to expand operations in Brownsville, Tennessee. Plans for the project include investing $102 million in the Haywood County facility. Economic development partners include Brownsville Energy Authority, City of Brownsville, and Haywood County and Tennessee Department of Economic and Community Development. This project helps further TVA’s mission of service…
08.19.22 | Newsroom

McNeilus Truck and Manufacturing Inc.announced plans to establish operations in Murfreesboro, Tennessee

McNeilus Truck and Manufacturing Inc., an Oshkosh Corporation and global technology company, announced plans to establish operations in Murfreesboro, Tennessee. Plans for the project include creating 230 new jobs and investing $50 million in the purpose-built commercial vehicle and equipment manufacturing facility. Economic development partners include Middle Tennessee Electric, Rutherford County Chamber of Commerce, and…
08.2.22 | Newsroom

Ascend Elements announced plans to establish operations in Hopkinsville, Kentucky.

Ascend Elements, a manufacturer of sustainable lithium-ion battery materials for the Electric Vehicle industry, announced plans to establish operations in Hopkinsville, Kentucky. Plans for the project include creating 250 new jobs and investing $310 million in the EV battery materials and recycling operations. Economic development partners include Pennyrile RECC, Southwestern Kentucky Economic Development Council and the Kentucky Cabinet for…
07.29.22 | Newsroom

O-I Glass, announced plans to establish operations in Bowling Green, Kentucky.

O-I Glass, an innovative glass bottle producer, announced plans to establish operations in Bowling Green, Kentucky. Plans for the project include creating 140 new jobs and investing $239 million to provide the company increased production capacity of sustainable packaging solutions. Economic development partners include Warren RECC, the Bowling Green Area Chamber of Commerce and Kentucky Cabinet for Economic Development….
07.28.22 | Newsroom

Duksan Electera America, Inc announced plans to establish operations in Shelbyville, Tennessee

Duksan Electera America, Inc., an electrolyte manufacturer for the Electric Vehicle battery industry, announced plans to establish operations in Shelbyville, Tennessee. Plans for the project include creating 100 new jobs and investing $95 million to locate the company’s first North American manufacturing facility in Bedford County. Economic development partners include Duck River Electric Membership Corporation, Shelbyville-Bedford Partnership, Middle Tennessee Industrial Development…
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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...

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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,...

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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...

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