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.

05.26.21 | Newsroom

Safari Enterprises, LLC, announced plans to locate its headquarters and manufacturing operations to Macon County, Tennessee

Safari Enterprises, LLC, a leading manufacturer of two-seater helicopter kits, announced plans to locate its headquarters and manufacturing operations to Macon County, Tennessee. Plans for the project include creating 85 jobs and investing $7.5 million in the new facility at the Lafayette Municipal Airport. Economic development partners include Tri-County Electric Membership Corporation, Tennessee Central Economic…

05.19.21 | Newsroom

Amazon announced plans to establish a new fulfillment center in Huntsville, Alabama.

Amazon, a global electronic commerce and cloud computing company, announced plans to establish a new fulfillment center in Huntsville, Alabama. Plans for the project include creating 500 new jobs. Economic development partners include City of Athens Electric Department, Huntsville-Madison County Chamber of Commerce, Limestone County Economic Development Association, and the Alabama Department of Commerce. This…

05.18.21 | Newsroom

Hydro-Gear announced plans to locate operations in Carroll County, Tennessee

Hydro-Gear, a manufacturer of power equipment drive systems, announced plans to locate operations in Carroll County, Tennessee. Plans for the project include creating 375 jobs and investing $10 million at the Huntingdon facility. Economic development partners include Carroll County Electric Department, Carroll County Chamber of Commerce, Carroll County Industrial Development Board, Carroll County, City of…

05.17.21 | Newsroom

Ascent Buildings, LLC announced plans to locate operations in Sumner County, Tennessee

Ascent Buildings, LLC, a full service, pre-engineered steel building manufacturer, announced plans to locate operations in Sumner County, Tennessee. Plans for the company’s headquarters and manufacturing operations include creating 120 jobs and investing $10 million at the Portland facility. Economic development partners include Cumberland Electric Membership Corporation, Tennessee Department of Economic and Community Development and…

05.13.21 | Newsroom

Troy Industries, Inc. announced plans to locate operations in Clarksville, Tennessee

Troy Industries, Inc., a small arms components and accessories manufacturer, announced plans to locate operations in Clarksville, Tennessee. Plans for the company’s headquarters and manufacturing operations include creating 75 jobs and investing $7.2 million. Economic development partners include Cumberland Electric Membership Corporation, Clarksville-Montgomery County Economic Development Council, and Tennessee Department of Economic and Community Development….

05.12.21 | Newsroom

Roadtec, Inc. announced plans to expand its headquarters and manufacturing operations in Chattanooga, Tennessee

Roadtec, Inc. a paving equipment manufacturer, announced plans to expand its headquarters and manufacturing operations in Chattanooga, Tennessee. Plans for the project include creating 130 new jobs and investing $6.2 million to increase production. Economic development partners include EPB, Chattanooga Area Chamber of Commerce, City of Chattanooga, Hamilton County, and Tennessee Department of Economic and…

05.7.21 | Newsroom

JC Ford Company, announced plans to locate new operations in Columbia, Tennessee

JC Ford Company, leading automated equipment manufacturer, announced plans to locate new operations in Columbia, Tennessee. Plans for the project include investing $30 million and creating 210 new jobs in Maury County. Economic development partner include Columbia Power & Water Systems, Maury Alliance, Middle Tennessee Industrial Development Association, and Tennessee Department of Economic and Community…

05.4.21 | Newsroom

Lending Solutions, Inc. announced plans to establish new operations in Knoxville, Tennessee

Lending Solutions, Inc., a provider of lending center services and financial consulting programs, announced plans to establish new operations in Knoxville, Tennessee. Plans for the project include creating 265 jobs and investing $2 million in the call center operations. Economic development partners include Knoxville Utilities Board, Knoxville Chamber, City of Knoxville and Tennessee Department of…

04.27.21 | Newsroom

Robinson Manufacturing announced plans to expand operations in Rhea County, Tennessee

Robinson Manufacturing, a clothing manufacturer and distributor, announced plans to expand operations in Rhea County, Tennessee. Plans for the project include creating 91 new jobs and investing $15 million to support the company’s growth. Robinson Manufacturing has operated in Rhea County for 94 years. Economic development partners include City of Dayton Electric Department, Tennessee Department…

News Index

Oklo Inc., to Establish Operations in Oak Ridge, Tennessee

Oklo Inc., an advanced nuclear technology company, announced plans to establish operations in Oak Ridge, Tennessee. Plans for the project include creating more than 800 new jobs and investing $1.7 billion, which includes the development of an advanced nuclear fuel recycling facility. This announcement establishes Oklo as the nation’s first privately funded nuclear recycling facility,...

MAHLE GmbH Announced Plans to Expand Operations in Hamblen County

MAHLE GmbH, an automotive supplier of electric compressors, announced plans to expand operations in Hamblen County. Plans for the project include investing $10 million and creating 50 new jobs, which will bring the company’s total headcount to nearly 800 people at its Morristown facility. Economic development partners include Morristown Utility System, Morristown Area Chamber of...

Parsons Corporation to Expand in Huntsville, Alabama

Parsons Corporation, a defense and intelligence contractor, announced plans to expand their presence in Huntsville, AL. Plans for the project include creating 198 new jobs and investing more than $5 million. Economic development partners include Huntsville Utilities, City of Huntsville, Alabama Department of Commerce, and the Huntsville-Madison County Chamber of Commerce. This project furthers TVA’s...