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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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10.18.21 | Newsroom

Tull Brothers Inc. announced plans to expand operations in Corinth, Mississippi

Tull Brothers Inc., an industry-leading manufacturer and distributor of sustainable building opening solutions, announced plans to expand operations in Corinth, Mississippi. Plans for the project include investing $2 million, renovating an existing building and creating more than 15 jobs to support the company’s growth. Economic development partners include Alcorn County Electric Power Association, The Alliance, Alcorn County and Mississippi…
10.13.21 | Newsroom

Engineered Plastics Components, Inc. announced plans to expand operations at the company’s Bessemer, AL facility

Engineered Plastics Components, Inc., a thermal plastics automotive supplier, announced plans to expand operations at the company’s Bessemer, AL facility. Plans for the project include creating 75 jobs and investing $8 million.  Economic Development partners include Bessemer Electric Service, The City of Bessemer, Birmingham Business Alliance and the Alabama Department of Commerce. This project furthers TVA’s mission of…
10.7.21 | Newsroom

Firestone Building Products announced plans to expand operations in Nashville

Firestone Building Products, a leading manufacturer of roofing and building solutions,  announced plans to expand operations in Nashville. Plans for the project include creating 28 new jobs and investing $13 million to support the company headquarters expansion. Economic development partners include Nashville Electric Service, Nashville Area Chamber of Commerce and Tennessee Department of Economic and Community Development. This project…
10.6.21 | Newsroom

IMC Companies announced plans to expand its headquarters operations in Shelby County

IMC Companies, the largest marine drayage company in the U.S., announced plans to expand its headquarters operations in Shelby County. Plans for the project include creating 150 new jobs and investing $23 million to support the company’s growth. Economic development partners include MLGW, City of Collierville, Memphis / Shelby County EDGE, and Tennessee Department of Economic and Community Development….
10.4.21 | Newsroom

Harbor Steel & Supply Corp. announced plans to expand operations in Bowling Green, Kentucky

Harbor Steel & Supply Corp., a metals distributor and manufacturer, announced plans to expand operations in Bowling Green, Kentucky. Plans for the project include adding 25 new jobs and investing $8 million to support growth and meet supply demands. Economic development partners include Warren RECC, the Bowling Green Area Chamber of Commerce and Kentucky Cabinet for Economic Development. This…
09.30.21 | Newsroom

Smith & Wesson Brands, Inc. announced plans to locate operations and create hundreds of new jobs in Blount County, TN

Smith & Wesson Brands, Inc., a leading U.S. based firearms manufacturer, announced plans to locate operations and create hundreds of new jobs in Blount County, TN. Plans for the project include creating 750 jobs and investing $125 million in the company’s new headquarters, distribution, assembly and plastic injection molding operations. Economic development partners include City of Alcoa Utilities, Tennessee…
09.28.21 | Newsroom

Ford Motor Company announced plans to locate its new Electric Vehicle and battery plant in Stanton, Tennessee

Ford Motor Company, a leading American automotive manufacturer, along with SK Innovation announced plans to locate its new Electric Vehicle and battery plant in Stanton, Tennessee. Plans for the company’s largest, most advanced, most efficient auto production complex include creating nearly 6,000 jobs and investing $5.6 billion to build next-generation zero-emission vehicles on the nearly 6-square mile Memphis Regional Megasite. The…
09.24.21 | Newsroom

Florim USA, Inc. announced plans to expand operations at its Clarksville, Tennessee facility

Florim USA, Inc., a global leader in the ceramics industry, announced plans to expand operations at its Clarksville, Tennessee facility. Plans for the project include adding 30 new jobs and investing $35 million to increase production capabilities and offerings. Economic development partners include Cumberland Electric Membership Corporation, Clarksville-Montgomery County Economic Development Council, and Tennessee Department of Economic and Community…
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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...

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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...

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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...

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