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.

01.3.25 | Newsroom

Glaukos Corporation to Establish Operations in Huntsville, Alabama

Glaukos Corporation, a global ophthalmic pharmaceutical and medical technology company, announced plans to establish operations in Huntsville, Madison County, Alabama. Plans for the project include creating 154 new jobs and investing more than $82 million in the company’s research, development, and manufacturing facility. Economic development partners include Huntsville Utilities, Huntsville-Madison County Chamber of Commerce, City of Huntsville, Alabama Department of Commerce,…

12.24.24 | Newsroom

Danny Isaacs Honored with Kentucky Association for Economic Development’s Allied Professional of the Year Award

Danny Isaacs, Economic Development Regional Consultant for the Tennessee Valley Authority (TVA), has been awarded the prestigious Allied Professional Award by the Kentucky Association for Economic Development (KAED). A key to any location is the assistance and expertise offered by economic development professionals in areas such as utilities, job training, construction, education, government, and research. …

12.23.24 | Newsroom

Kitchen Food Co., Announces Plans to Establish Operations in Hopkinsville, Kentucky

Kitchen Food Co., a global prepared foods producer, announced plans to establish operations in Hopkinsville, Kentucky. The company plans to locate in the Hopkinsville-Christian County Spec Building, which was assisted by TVA InvestPrep program, creating 925 jobs and investing $69 million in the company’s new world-class facility. This project marks the largest job-creation announcement in…

12.20.24 | Newsroom

Performance Food Group to Expand Operations in Hamblen County, Tennessee

Performance Food Group, a foodservice company, announced plans to expand operations in Hamblen County. Plans for the project include creating 37 new jobs and investing $33 million its Morristown facility. Economic development partners include Morristown Utilities, the Morristown Area Chamber of Commerce, and the Tennessee Department of Economic and Community Development. This project furthers TVA’s…

12.19.24 | Newsroom

ALUKO Group to Establish First U.S. Manufacturing Facility in Madison County, Tennessee

ALUKO Group, an aluminum battery casing manufacturer, announced plans to establish operations in Madison County, Tennessee. Plans for the project include creating 55 new jobs and investing more than $36 million in the company’s first U.S. manufacturing facility. The new facility will supply aluminum battery casings at Ford Motor Company’s BlueOval City. Economic development partners…

12.12.24 | Newsroom

Bobrick Washroom Equipment to Expand in Jackson, Tennessee

Bobrick Washroom Equipment announced plans to expand operations in Jackson, Tennessee. Plans for the project include creating 26 new jobs and investing $17 million as part of the company’s third expansion in Madison County. Economic development partners include Jackson Energy Authority, Tennessee Department of Economic and Community Development, Jackson Chamber, City of Jackson and Madison…

12.5.24 | Newsroom

Petainer Manufacturing USA, Inc. Plans to Expand Operations into Maury County, Tennessee

Petainer Manufacturing USA, Inc., a global sustainable packaging company, announced plans to expand operations to Maury County, Tennessee. Plans for the project include creating 35 new jobs and investing $10 million in the company’s Mt. Pleasant manufacturing operations. Economic development partners include Mt. Pleasant Power System, Maury Alliance, Tennessee Department of Economic and Community Development…

11.14.24 | Newsroom

AAON Inc. To Establish Operations in Memphis, Tennessee

AAON, Inc., a leading HVAC manufacturer, announced plans to establish operations in Memphis, Tennessee. Plans for the project include creating 828 new jobs and investing $238 million in the company’s Shelby County facility. Economic development partners include Memphis Light, Gas and Water, the Greater Memphis Chamber, and the Tennessee Department of Economic and Community Development….

11.12.24 | Newsroom

Avail Enclosure Systems Announces Plans to Expand in Hamilton County

Avail Enclosure Systems, a global infrastructure company, announced plans to expand operations in Hamilton County. Plans for the project include creating 82 new jobs and investing more than $10 million at its Chattanooga facility. Economic development partners include EPB, the Tennessee Department of Economic and Community Development, City of Chattanooga, Hamilton County, and the Chattanooga…

10.24.24 | Newsroom

DENSO Announces Plans to Expand Operations in Athens, Tennessee

DENSO, a global automotive supplier, announced plans to expand operations in Athens, Tennessee. Plans for the project include creating 200 new jobs and investing $100 million to increase the production of products that support cleaner mobility. Economic development partners include Athens Utilities Board, Tennessee Department of Economic and Community Development and the McMinn County Economic…

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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...