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.

07.19.22 | Newsroom

TechnologyAdvice, LLC announced plans to expand operations in Nashville, Tennessee.

TechnologyAdvice, LLC, a business-to-business technology marketing platform, announced plans to expand operations in Nashville, Tennessee. Plans for the project include creating 350 new jobs and investing $2.7 million as the company expands its headquarters and other back-office functions in Nashville. Economic development partners include Nashville Electric Service, Nashville Area Chamber and Tennessee Department of Economic and Community Development.

07.18.22 | Newsroom

Altex Tube LLC announced plans to locate operations in Columbus, Mississippi.

Altex Tube LLC, a steel tubing manufacturer, announced plans to locate operations in Columbus, Mississippi. Plans for the project include the creation of 58 new jobs and $110 million investment as the company locates on the Steel Dynamics campus in Lowndes County. Economic development partners include 4-County Electric Power Association, Golden Triangle Development Link and Mississippi Development Authority.

07.12.22 | Newsroom

Columbia Industries, LLC, announced plans to locate operations in Starkville, Mississippi.

Columbia Industries, LLC, a heavy equipment manufacturer, announced plans to locate operations in Starkville, Mississippi. Plans for the project include creating 62 jobs and investing $9.5 million in the company’s operations. Economic development partners include Starkville Utilities, Golden Triangle Development Link, and Mississippi Development Authority. This project furthers TVA’s mission to help improve the quality of life for the…

06.30.22 | Newsroom

Toast, Inc. announced plans to establish operations in Davidson County.

Toast, Inc., a digital platform for the restaurant industry, announced plans to establish operations in Davidson County. Plans for the company’s new configuration facility include creating more than 100 new jobs in the region. Economic development partners include Nashville Electric Service, Nashville Area Chamber, and Tennessee Department of Economic and Community Development. This project helps further TVA’s…

06.22.22 | Newsroom

Rockford Spring Company announced plans to locate operations in Marshall County, Tennessee

Rockford Spring Company, a custom spring and wire manufacturer, announced plans to locate operations in Marshall County, Tennessee. Plans for the project include creating 62 new jobs and investing $10 million as the company establishes manufacturing operations in Lewisburg. Economic development partners include Lewisburg Electric System, Middle Tennessee Industrial Development Association, Marshall County Joint Economic and Community Development Board,…

06.14.22 | Newsroom

Meta (formerly known as Facebook) announced plans to expand its data center operations in Huntsville, AL and Gallatin, TN.

Meta (formerly known as Facebook) announced plans to expand its data center operations in Huntsville, AL and Gallatin, TN. Plans for the projects include a combined investment of $950 million and an additional 200 jobs. The projects bring Meta’s total investment in the Valley to $2.5 billion and 400 jobs across both facilities. Economic development partners include Gallatin…

06.3.22 | Newsroom

Ariens Company announced plans to locate operations in Lincoln County, Tennessee.

Ariens Company, a global outdoor power equipment manufacturer, announced plans to locate operations in Lincoln County, Tennessee. Plans for the project include creating 369 new jobs and investing $38 million to locate its new manufacturing and warehouse facility in Tennessee. Economic development partners include Fayetteville Public Utilities, Fayetteville-Lincoln County Industrial Development Board, Middle Tennessee Industrial Development Association and Tennessee…

05.26.22 | Newsroom

Hollobus Technologies announced plans to locate operations in Murray, Kentucky

Hollobus Technologies, Inc., manufacturer of electrical power distribution connectors, announced plans to locate operations in Murray, Kentucky, creating 150 new jobs and $2.25 million in capital investment. The investment will locate the company’s head office, primary manufacturing operation and an R&D facility. Economic development partners include Murray Electric Systems, Murray-Calloway County Economic Development Corporation, and the Kentucky Cabinet for Economic…

05.11.22 | Newsroom

Prisma Nashville, LLC announced plans to expand operations in Davidson County.

Prisma Nashville, LLC, a marketing and logistics company, announced plans to expand operations in Davidson County. Plans for the project include creating more than 100 new jobs and investing $12 million to support the company’s growth. Economic development partners include Nashville Electric Service, Nashville Area Chamber of Commerce, and Tennessee Department of Economic and Community…

05.6.22 | Newsroom

Tri-City Extrusion, Inc. announced plans to expand operations in Sullivan County, Tennessee

Tri-City Extrusion, Inc., an aluminum extrusion producer, announced plans to expand operations in Sullivan County, Tennessee. Plans for the project include creating 50 new jobs and investing $30 million to support customer demand and strengthen production at the company’s manufacturing operations. Economic development partners include Bristol Tennessee Essential Services, NETWORKS Sullivan Partnership, City of Bristol and Tennessee Department of…

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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...

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,...

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...