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.

10.8.20 | Newsroom

Teknor Apex plans to expand operations in Brownsville, Tennessee

Teknor Apex, a global custom compound solutions provider, announced plans to expand operations in Brownsville, Tennessee. Plans for the project include creating 20 new jobs and investing $7.4 million to increase the company’s scope of products being produced at the Haywood County facility. Economic development partners include Brownsville Energy Authority, HTL Advantage, Brownsville-Haywood County Industrial…

10.7.20 | Newsroom

GEDIA Automotive Group plans to locate operations in Dalton, Georgia

GEDIA Automotive Group, a global advanced manufacturer for the automotive industry, announced plans to locate operations in Dalton, Georgia. Plans for the advanced manufacturing facility include creating 200 new jobs and $85 million in capital investment to produce components for electric vehicles. Economic development partners include North Georgia Electric Membership Corporation, Dalton-Whitfield County Joint Development…

10.6.20 | Newsroom

Nippon Express, USA plans to locate operations on the campus of Mazda-Toyota Manufacturing in Huntsville, Alabama

Nippon Express, USA, a supply chain services, company announced plans to locate operations on the campus of Mazda-Toyota Manufacturing in Huntsville, Alabama.  Plans for the project include creating 101 new jobs and investing $19 million to construct a new facility.  Economic development partners include City of Athens Electric Department, Huntsville-Madison County Chamber of Commerce, Limestone…

10.2.20 | Newsroom

Moldex-Metric, Inc. plans to locate operations in Wilson County, Tennessee

Moldex-Metric, Inc., a leading manufacturer of N95 respirators, announced plans to locate operations in Wilson County, Tennessee. Plans for the manufacturing operations include creating 200 new jobs and investing $25 million to meet market demand. Economic development partners include Middle Tennessee Electric, Joint Economic Development Board of Wilson County and Tennessee Department of Economic and…

09.28.20 | Newsroom

Mission Forest Products plans to locate operations in Corinth, Mississippi

Mission Forest Products, a producer of high-quality dimensional lumber products, announced plans to locate operations in Corinth, Mississippi. Plans for the state-of-the-art pine sawmill include $160 million capital investment and 130 new jobs with additional economic and employment opportunities for forest product firms in the region. Economic development partners include Alcorn County Electric Power, The…

09.28.20 | Newsroom

Torch Technologies plans to expand operations in Huntsville, Alabama

Torch Technologies, a technical services and solutions company, announced plans to expand operations in Huntsville, Alabama.  Plans for the project include creating 120 new jobs and investing $32.3 million to construct new lab, office, and manufacturing space.  Economic development partners include Huntsville Utilities, Huntsville-Madison County Chamber of Commerce, and the Alabama Department of Commerce.

09.22.20 | Newsroom

Homeland Vinyl plans to expand operations in Surgoinsville, Tennessee

Homeland Vinyl, a manufacturer of vinyl profiles, including fencing, rail and deck products, announced plans to expand operations in Surgoinsville, Tennessee. Plans for the project include creating 55 new jobs and investing $2.2 million to add multiple new extrusion lines and assembly line capabilities. Economic development partners include Holston Electric Cooperative, Hawkins County Industrial Development…

09.15.20 | Newsroom

Aphena Pharma Solutions, LLC plans to expand operations in Cookeville, Tennessee

Aphena Pharma Solutions, LLC, a leading pharmaceutical service provider specializing in packaging, announced plans to expand operations in Cookeville, Tennessee. Plans for the project include creating 160 new jobs and $21 million in capital investment to accommodate future growth at the Cookeville-based company. Economic development partners include Cookeville Electric Department, Tennessee Department of Economic and…

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...

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...

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...