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.

08.26.21 | Newsroom

IGT Technologies, Inc., announced plans to expand operations in Knoxville, Tennessee

IGT Technologies, Inc., a technology and business process management company, announced plans to expand operations in Knoxville, Tennessee. Plans for the project include creating 200 new jobs and investing $3.9 million to support the company’s growth. Economic development partners include, Knoxville Utilities Board, Knoxville Chamber, East Tennessee Economic Development Agency, University of Tennessee, Pellissippi State Community College, and Tennessee…

08.25.21 | Newsroom

Sungwoo Hitech America Corp announced plans to locate its first U.S. manufacturing operations in Washington County, Tennessee

Sungwoo Hitech America Corp, a global automotive supplier, announced plans to locate its first U.S. manufacturing operations in Washington County, Tennessee. Plans for the project include creating 117 jobs and investing $40 million in the Telford facility. Economic development partners include BrightRidge, Northeast Tennessee Regional Economic Partnership, Town of Jonesborough, Washington County and Tennessee Department of Economic and Community…

08.18.21 | Newsroom

Amazon nnounced plans to establish a new, state-of-the-art fulfillment center in Clarksville, Tennessee

Amazon, a global electronic commerce and cloud computing company, announced plans to establish a new, state-of-the-art fulfillment center in Clarksville, Tennessee. Plans for the project include creating 500 new jobs at the facility, which will also house innovative Amazon technologies and energy efficient, zero-emission power industrialized truck equipment. Economic development partners include Cumberland Electric Membership Corporation, Clarksville-Montgomery…

08.10.21 | Newsroom

Bilstein Cold Rolled Steel LP announced plans to expand operations in Bowling Green, Kentucky

Bilstein Cold Rolled Steel LP, a global fabricated metals manufacturer, announced plans to expand operations in Bowling Green, Kentucky. Plans for the project include investing $17.8 million to support the company’s growth and additional facility space. Economic development partners include Warren Rural Electric Cooperative Corporation, the Bowling Green Area Chamber of Commerce, and the Kentucky Cabinet for…

08.5.21 | Newsroom

Oldcastle APG announced plans to expand operations in Clarksville, Tennessee

Oldcastle APG, North America’s leading manufacturer of concrete building and hardscape products, announced plans to expand operations in Clarksville, Tennessee. Plans for the project include creating 45 new jobs and investing more than $10 million to increase production. Economic development partners include Cumberland Electric Membership Corporation, Clarksville-Montgomery County Economic Development Council and Tennessee Department of Economic and Community Development….

07.30.21 | Newsroom

Kaiser Aluminum announced plans to locate its headquarters operations to Franklin, Tennessee

Kaiser Aluminum, a leading producer of semi-fabricated specialty aluminum products, announced plans to locate its headquarters operations to Franklin, Tennessee. Plans for the project include creating 80 new jobs and investing $3 million as the company transitions and expands corporate functions to its new Williamson County location. Economic development partners include Middle Tennessee Electric, Williamson, Inc., and Tennessee Department…

07.29.21 | Newsroom

Fruit of the Loom a world-renowned textiles and sporting goods company headquartered in Bowling Green, Kentucky, announced plans to expand operations

Fruit of the Loom, a world-renowned textiles and sporting goods company headquartered in Bowling Green, Kentucky, announced plans to expand operations. Plans for the project include adding 50 new jobs and additional square footage to support growth at the company’s distribution center. Economic development partners include Warren Rural Electric Cooperative Corporation, the Bowling Green Area Chamber of…

07.27.21 | Newsroom

Integrated Biometric Technology, LLC announced plans to locate its corporate headquarters in Williamson County, Tennessee

Integrated Biometric Technology, LLC, a technology company specializing in biometric identity authentication, announced plans to locate its corporate headquarters in Williamson County, Tennessee. Plans for the project include creating 142 jobs and investing $2.3 million. Economic development partners include Middle Tennessee Electric, Williamson Inc., and Tennessee Department of Economic and Community Development. This project helps further TVA’s mission…

07.26.21 | Newsroom

New Way Trucks announced plans to expand operations in Booneville, Mississippi

New Way Trucks, a recycling equipment manufacturer, announced plans to expand operations in Booneville, Mississippi. Plans for the project include creating 120 jobs and investing $4 million, increasing manufacturing operations and opening an additional facility in Prentiss County. Economic development partners include Prentiss County Electric Power Association, Prentiss County Economic Development Association, Prentiss County, and Mississippi Development Authority….

07.21.21 | Newsroom

Vi-Jon announce plans to expand operations in Smyrna, Tennessee

Vi-Jon, the nation’s oldest private label manufacturer in the health and beauty industry, announce plans to expand operations in Smyrna, Tennessee. Plans for the project include investing $45 million and adding 64 new jobs to the 600 currently employed at the Rutherford County facility. Economic development partners include Middle Tennessee Electric, Rutherford County Chamber of Commerce and Tennessee Department…

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News Index

BWXT Enrichment Operations, LLC To Establish Operations in Oak Ridge, Tennessee

BWXT Enrichment Operations, LLC, a manufacturer of centrifuge assemblies, announced plans to establish operations in Oak Ridge, Tennessee. Plans for the project include creating 60 new jobs and investing $45 million to support the company’s long-term plan to support fuel production for the National Nuclear Security Administration’s defense program. Economic development partners include City of...

Shinsung ST USA To Establish Operations in Simpson County, Kentucky

Shinsung ST USA, a leading innovator in energy storage solutions, announced plans to establish operations in Simpson County. Plans for the project include creating 100 new jobs and investing $53 million in the Franklin manufacturing operations. Economic development partners include Warren RECC, Franklin-Simpson County Industrial Development Authority and the Kentucky Cabinet for Economic Development. This...

Barrett Firearms Manufacturing, Inc., To Expand Operations in Rutherford County

Barrett Firearms Manufacturing, Inc., a firearm and ammunition manufacturer, announced plans to expand operations in Rutherford County. Plans for the project include creating 183 new jobs and investing more than $76 million in the company’s new headquarters and state-of-the-art manufacturing facility. Economic development partners include Middle Tennessee Electric, Rutherford County Chamber of Commerce, and the...