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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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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…
07.20.21 | Newsroom

Chewy, Inc., announced plans to establish operations in Wilson County, Tennessee.

Chewy, Inc., an innovator in pet e-commerce, announced plans to establish operations in Wilson County, Tennessee. Plans for the project include creating 1,200 new jobs at the regional fulfillment center in Mt. Juliet. Economic development partners include Middle Tennessee Electric, Joint Economic and Community Development Board of Wilson County, and the Tennessee Department of Economic and Community…
07.19.21 | Newsroom

Kairos Power announced plans to establish a low-power demonstration reactor in Oak Ridge, Tennessee

Kairos Power, an advanced nuclear engineering company, announced plans to establish a low-power demonstration reactor in Oak Ridge, Tennessee. Plans for the project include investing $100 million and creating 55 jobs to deploy the reactor, called Hermes, and advance Kairos Power’s manufacturing capabilities. Economic development partners include City of Oak Ridge Electric Department, East Tennessee Economic Council, Oak Ridge…
07.7.21 | Newsroom

Smart USA Co. announced plans to locate operations in Nashville, Tennessee

Smart USA Co., one of the world’s fastest growing retirement technology platforms, announced plans to locate operations in Nashville, Tennessee. Plans for establishing the company’s U.S. headquarters include creating 128 new jobs, and investing $2.2 million. Economic development partners include Nashville Electric Service, Nashville Area Chamber of Commerce and Tennessee Department of Economic and Community…
06.23.21 | Newsroom

NOVONIX announced plans to expand operations at its Chattanooga, Tennessee PUREgraphite facility

NOVONIX, a developer of anode material for the lithium-battery market, announced plans to expand operations at its Chattanooga, Tennessee PUREgraphite facility. Plans for the project include creating 290 jobs and investing $160 million to address the need for a US-based lithium-ion battery supply chain, specifically for electric vehicles and similar storage applications. Economic development partners…
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News Index

Hyosung HICO to Expand Operations in Memphis, Tennessee

Hyosung HICO, a power transformer manufacturer, announced plans to expand operations in Memphis, Tennessee. Plans for the project include creating 120 new jobs and investing $51 million in the company’s U.S. manufacturing headquarters. Economic development partners include Memphis Light Gas and Water, the Greater Memphis Chamber, Memphis Shelby County EDGE and the Tennessee Department of...

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GE Aerospace Announces Plans to Expand Operations in Batesville, Mississippi

GE Aerospace, an aerospace and defense company, announced plans to expand operations in Batesville, Mississippi. Plans for the project include creating 100 new jobs and investing $11 million as the company increases production at the Panola County site. Economic development partners include Tallahatchie Valley Electric Power Association, Panola Partnership, and the Mississippi Development Authority. This...

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Troax Group to Locate Operations in Portland, Tennessee

Troax Group, a wire mesh safety solutions manufacturer, announced plans to locate operations in Portland, Tennessee. Plans for the project include creating 120 new jobs and investing $23 million in the company’s Robertson County operations. Economic development partners include Cumberland Electric Membership Corporation, the City of Portland, Robertson County and the Tennessee Department of Economic...

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