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.

04.1.21 | Newsroom

Miller Industries announced plans to expand operations in Greeneville, Tennessee

Miller Industries, a towing and recovery equipment manufacturer, announced plans to expand operations in Greeneville, Tennessee. Plans for the project include creating 80 new jobs and investing $15 million to renovate and upgrade operations. Economic development partners include Greeneville Light & Power System, Greene County Partnership and Tennessee Department of Economic and Community Development. This…

03.23.21 | Newsroom

Alphatec Spine announced today the intention to lease a 75,000 square foot facility in Memphis, Tennessee

Alphatec Spine, a provider of innovative solutions dedicated to revolutionizing the approach to spine surgery, announced today the intention to lease a 75,000 square foot facility in Memphis, Tennessee, which will house ATEC’s primary distribution operations. Plans for the project include investing $3.5 million and creating 95 jobs. Economic development partners include EDGE, Greater Memphis…

03.22.21 | Newsroom

Choate Engineering Performance announced plans to establish operations in Hardeman County, Tennessee

Choate Engineering Performance, a manufacturer of engines and components for the automotive industry, announced plans to establish operations in Hardeman County, Tennessee. Plans for the project include investing $8 million and creating 100 jobs at the Bolivar facility. Economic development partners include Bolivar Energy Authority, City of Bolivar, Bolivar Industrial Development Board, Hardeman County and…

03.19.21 | Newsroom

Matalco Inc. announced plans to establish operations in Simpson County, Kentucky

Matalco Inc., a producer of aluminum products for manufacturing industries, announced plans to establish operations in Simpson County, Kentucky. Plans for the newly formed venture, Matalco Kentucky LLC, include creating 60 new jobs and investing $53.3 million to support growth and demand. Economic development partners include Franklin Electric Plant Board, Kentucky Cabinet for Economic Development…

03.18.21 | Newsroom

Mullen Technologies announced plans to establish operations in Memphis, Tennessee

Mullen Technologies, an emerging Electric Vehicle manufacturer, announced plans to establish operations in Memphis, Tennessee. Plans for project include creating 434 new jobs and investing $362 million to manufacture the company’s first line of fully electric vehicles. Economic development partners include Memphis Light, Gas and Water, EDGE, City of Memphis, Shelby County and the Memphis…

03.18.21 | Newsroom

NTT Data announced plans to establish its digital innovation center in Nashville, Tennessee

NTT Data, a global IT services provider, announced plans to establish its digital innovation center in Nashville, Tennessee. Plans for the project include creating 350 jobs and investing $9.9 million in the digital delivery center, including a focus on healthcare and manufacturing technology. Economic development partners include Nashville Electric Service, Nashville Area Chamber of Commerce,…

03.17.21 | Newsroom

Royal Canin announced plans to expand operations in Lebanon, Tennessee

Royal Canin, a Mars Petcare brand and global leader in pet health nutrition, announced plans to expand operations in Lebanon, Tennessee. Plans for the project include adding 90 new jobs and investing $200 million to support the company’s future growth. Economic development partners include Middle Tennessee Electric, Joint Economic and Community Development Board of Wilson…

02.3.21 | Newsroom

Electric Vehicle Fast Charging Network Coming to Tennessee

Electric Vehicle Fast Charging Network Coming to Tennessee Feb 3, 2021 KNOXVILLE, Tenn. ― The Tennessee Valley Authority and the Tennessee Department of Environment and Conservation announced Wednesday they are partnering to develop a statewide electric vehicle fast charging network to power the growth of EVs across Tennessee and reduce barriers to transportation electrification. TDEC…

12.9.20 | Newsroom

Confluent Medical plans to locate operations in Chattanooga, Tennessee

Confluent Medical, a manufacturer of high-performance medical tubing, announced plans to locate operations in Chattanooga, Tennessee. The company plans to invest $8.3 million to expand its medical manufacturing capabilities and create 80 new jobs. Economic development partners include EPB, Chattanooga Area Chamber of Commerce, Hamilton County Government, City of Chattanooga and Tennessee Department of Economic…

12.1.20 | Newsroom

Kimberly-Clark plans to expand operations in Corinth, Mississippi

Kimberly-Clark, a leading producer of essential home products, announced plans to expand operations in Corinth, Mississippi. Plans to expand capacity and bring new capabilities to support the company’s growth include adding 33 new jobs and investing $140 million. Economic development partners include Alcorn County Electric Power Association, The Alliance, Alcorn County, City of Corinth, and…

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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...