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.

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…

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….

News Index

Siemens Healthineers, a global technology company, announces plans to expand operations in Blount County, Tennessee.

Siemens Healthineers, a global technology company, announced plans to expand operations in Blount County, Tennessee. Plans for the project include creating more than 90 new jobs and investing $43.6 million in the company’s Molecular Imaging PET Detector Center for research and development and material production. Economic Development partners include Maryville Electric Department, the Tennessee Department of Economic and Community...

Dometic, a global outdoor technology company, announces plans to expand operations in Sparta, Tennessee.

Dometic, a global outdoor technology company, announced plans to expand operations in Sparta, Tennessee. Plans for the project include creating more than 90 new jobs at its White County manufacturing facility. Economic development partners include Sparta Electric & Public Works, the Highlands Economic Partnership, the Tennessee Department of Economic and Community Development, and TVA. This project furthers...

Solero Technologies, a leading global automotive supplier, announces plans to expand operations in Water Valley, Mississippi

Solero Technologies, a leading global automotive supplier, announced plans to expand operations in Water Valley, Mississippi. Plans for the project include creating 86 new jobs and investing $14 million to upgrade and add new lines at the company’s Yalobusha County operations. Economic development partners include Water Valley Utilities Commission, the city of Water Valley, Yalobusha County Economic Development District,...