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.

05.19.21 | 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…

04.21.21 | Newsroom

Milwaukee Tool announced plans to expand operations in Grenada County, Mississippi

Milwaukee Tool, an industry-leading manufacturer of heavy-duty portable electric power tools and accessories, announced plans to expand operations in Grenada County, Mississippi. Plans for the project include creating 800 new jobs and investing $60 million in the company’s new manufacturing facility. Economic development partners include Tallahatchie Valley EPA, Greater Grenada Partnership, Grenada County officials, and…

04.20.21 | Newsroom

Company Distilling announced plans to establish operations in Blount County, Tennessee

Company Distilling, a bourbon-whiskey manufacturer, announced plans to establish operations in Blount County, Tennessee. Plans for the project include creating 60 new jobs and investing $20 million in the two multi-use facilities in Townsend and Alcoa. Economic development partners include Alcoa Electric Department, City of Alcoa, the Blount Partnership and Tennessee Department of Economic and…

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News Index

Virginia Transformer announces plans to establish operations in Muscle Shoals, Alabama.

Virginia Transformer, North America’s largest power transformer manufacturer, announced plans to establish operations in Muscle Shoals, Alabama. Plans for the project include creating 1,100 new jobs at the company’s state-of-the-art operations in Colbert County. Economic development partners include Muscle Shoals Electric Board, Shoals EDA, Alabama Department of Commerce, Norfolk Southern, City of Muscle Shoals, Colbert County and...

Underground Solutions, Inc. announces plans to establish operations in Batesville, Mississippi.

Underground Solutions, Inc., an infrastructure technology company, announced plans to establish operations in Batesville, Mississippi. The company plans to invest $80 million in the manufacturing facility and create 50 new jobs. Economic development partners include Tallahatchie Valley Electric Power Association, Panola Partnership, Mississippi Development Authority and TVA. This project furthers TVA’s mission of service to help improve the...

Light Electric Vehicles announces plans to establish operations in Algood, Tennessee.

Light Electric Vehicles (LEV), an electric bicycle manufacturer, announced plans to establish operations in Algood, Tennessee. Plans for the project include creating 288 new jobs and investing $7 million in the company’s Putnam County production and distribution facility. Economic development partners include Upper Cumberland Electric Membership Corporation, the Tennessee Department of Economic and Community Development, Highlands Economic Partnership, Putnam County...