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.

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…

12.5.24 | 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…

News Index

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...

CG Model Tek LLC to Establish Operations in Tullahoma, Tennessee

CG Model Tek LLC, an aerospace modeling and manufacturing company, announced plans to establish operations in Tullahoma, Tennessee. Plans for the project include creating 32 new jobs and investing $4.5 million in the company’s Coffee County facility. Economic development partners include Tullahoma Utilities Board, Industrial Board of Coffee County, Tullahoma Chamber of Commerce, Middle Tennessee...