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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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10.5.23 | 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…
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…
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News Index

Kyoto Fusioneering announces plans to establish operations in Oak Ridge, Tennessee.

Kyoto Fusioneering, a premier fusion technology and integrated systems developer, announced plans to establish operations in Oak Ridge, Tennessee. Plans for this project include creating 51 new jobs and investing $47 million in the company’s U.S. headquarters operations in Anderson County. Economic development partners include Oak Ridge Electric Department, Oak Ridge National Laboratory, U.S. Department of Energy, City of...

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Traxion Materials, a tire recycling company, announces plans to expand operations in Campbell County, Tennessee.

Traxion Materials, a tire recycling company, announced plans to expand operations in Campbell County, Tennessee. The company plans to create 49 new jobs and invest $5 million to expand its Jacksboro recycling and upcycling operations. Economic development partners include LaFollette Utilities Board, the Tennessee Department of Economic and Community Development, East Tennessee Economic Development Agency, Campbell County Industrial Board,...

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Energizing Tennessee: Recruiting for the Nuclear Renaissance with Derrick Collins, TVA

Advanced energy 🤝 economic development. Derrick Collins, Regional Economic Development Consultant for the Tennessee Valley Authority joins Energizing Tennessee to discuss: Click here to listen. About Energizing Tennessee: Energizing Tennessee, powered by the Tennessee Advanced Energy Business Council, explores the latest news and insights about the advanced energy sector. Hear from advanced energy leaders and experts...

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