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.

11.12.21 | Newsroom

Cerrowire announced plans to establish a new metal clad cable manufacturing facility in Hartselle, Alabama

Cerrowire, a leading U.S. manufacturer of cooper building wire, announced plans to establish a new metal clad cable manufacturing facility in Hartselle, Alabama. Plans for the project include creating 130 new jobs and investing $100 million at the facility. Economic development partners include Joe Wheeler EMC, Morgan County Economic Development Association, and the Alabama Department of Commerce. …

11.10.21 | Newsroom

Amazon announced plans to establish an “XL” Non-Sortable facility designed to receive, store and package heavy or bulky items like home appliances in Huntsville, Alabama.

Amazon, a global electronic commerce and cloud computing company, announced plans to establish an “XL” Non-Sortable facility designed to receive, store and package heavy or bulky items like home appliances in Huntsville, Alabama. Plans for the project include creating 250 new jobs at the facility, which will also utilize innovative Amazon technologies and energy efficient, zero-emission power…

11.8.21 | Newsroom

Dr. Schneider Automotive Systems announced plans to establish operations in Lee County, Mississippi

Dr. Schneider Automotive Systems, a global automotive supplier specializing in high-quality automotive interior products, announced plans to establish operations in Lee County, Mississippi. Plans for the project include creating 400 jobs and investing $22.5 million in the Baldwyn facility. Economic development partners include Prentiss County EPA, Community Development Foundation, Lee County and Mississippi Development Authority. This project furthers TVA’s…

11.4.21 | Newsroom

Virnig Manufacturing, Inc. announced plans to establish operations in Pikeville, Tennessee

Virnig Manufacturing, Inc., a producer of skid steer attachments, announced plans to establish operations in Pikeville, Tennessee. Plans for the project include creating 74 new jobs and investing $11 million as the company expands its operations to Bledsoe County. Economic development partners include Sequachee Valley Electric Cooperative, Bledsoe County, City of Pikeville, and Tennessee Department of Economic and Community…

11.3.21 | Newsroom

SP-Teri announced plans to establish operations in Humphreys County

SP-Teri, a figure skating boot manufacturer, announced plans to establish operations in Humphreys County. Plans for the project include creating 35 new jobs and investing $435,000 at the company’s new McEwen headquarters and manufacturing facility. Economic development partners include Meriwether Lewis Electric Cooperative, Tennessee Department of Economic and Community Development, and the Humphreys County Economic Development Council. This impactful…

11.2.21 | Newsroom

Tyson Foods announced plans to establish operations in Bowling Green, Kentucky

Tyson Foods, a world-leading protein company, announced plans to establish operations in Bowling Green, Kentucky. Plans for the project include creating 450 jobs and investing $355 million, the largest attraction project in the history of Bowling Green and Warren County. Economic development partners include Warren Rural Electric Cooperative Corporation, Kentucky Cabinet for Economic Development and the Bowling Green…

11.1.21 | Newsroom

Voyant Beauty announced plans to expand operations in Olive Branch, Mississippi

Voyant Beauty, a leading manufacturer of beauty and personal care products, announced plans to expand operations in Olive Branch, Mississippi. Plans for the project include adding 80 new jobs and investing $13 million to increase capacity and expand product lines. Economic development partners include Northcentral Electric Cooperative, DeSoto County Economic Development Council, DeSoto County officials and Mississippi Development Authority….

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…

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News Index

MAHLE GmbH Announced Plans to Expand Operations in Hamblen County

MAHLE GmbH, an automotive supplier of electric compressors, announced plans to expand operations in Hamblen County. Plans for the project include investing $10 million and creating 50 new jobs, which will bring the company’s total headcount to nearly 800 people at its Morristown facility. Economic development partners include Morristown Utility System, Morristown Area Chamber of...

Parsons Corporation to Expand in Huntsville, Alabama

Parsons Corporation, a defense and intelligence contractor, announced plans to expand their presence in Huntsville, AL. Plans for the project include creating 198 new jobs and investing more than $5 million. Economic development partners include Huntsville Utilities, City of Huntsville, Alabama Department of Commerce, and the Huntsville-Madison County Chamber of Commerce. This project furthers TVA’s...

Performance Drones Works, PDW Announces Expansion in Huntsville, Alabama

Performance Drones Works, PDW, a robotics manufacturer for military and government operations, announced plans to expand its manufacturing operation in Huntsville, AL. Plans for the project include creating 525 new jobs and investing more than $9 million. Economic development partners include Huntsville Utilities, City of Huntsville, Alabama Department of Commerce, and the Huntsville-Madison County Chamber of...