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.

01.17.20 | Newsroom

Adient plans to expand operations in Henderson County, Tennessee

Adient, a leading automotive seating manufacturer, announced plans to expand operations in Henderson County, Tennessee. Plans for the project include the creation of 330 new jobs and $23.5 million in the Lexington facility. Economic development partners include Lexington Electric System, City of Lexington, Henderson County, Lexington-Henderson County Industrial Development Board, and Tennessee Department of Economic…

01.14.20 | Newsroom

Accenture plans to expand operations in Nashville, Tennessee

Accenture, a global professional services company, specializing in consulting, technology and operations, announced plans to expand operations in Nashville, Tennessee. Plans for the project include the creation of 165 new jobs. Economic development partners include Nashville Electric Service, Nashville Area Chamber of Commerce and Metropolitan Government of Nashville and Davidson County and Tennessee Department of…

01.13.20 | Newsroom

Progressive Pipe Fabricators plans to locate a facility in Lawrence County, Alabama

Progressive Pipe Fabricators, a division of Shambaugh & Son, a custom fire protection, mechanical and electrical contractor, announced plans to locate a facility in Lawrence County, Alabama.  Plans for the project include adding 50 new jobs. Economic development partners include Joe Wheeler Electric Membership Corporation, Lawrence County Industrial Development Board, and the Alabama Department of…

12.16.19 | Newsroom

Arvin Sango, Inc. plans to expand in Chester County, Tennessee

Arvin Sango, Inc., a global automotive products manufacturer, announced plans to expand in Chester County, Tennessee. Plans for the project include creating more than 150 new jobs. Economic development partners include Southwest Tennessee Electric Membership Cooperative, Chester County Chamber, Chester County, City of Henderson and Tennessee Department of Economic and Community Development. These projects help…

12.16.19 | Newsroom

Hyosung Heavy Industries plans to locate its first US production facility in Memphis, Tennessee

Hyosung Heavy Industries (HICO), a Korea-based electrical power equipment manufacturer, announced plans to locate its first US production facility in Memphis, Tennessee. Plans for the project include the creation of 410 new jobs and $86.9 million in capital investment, and expected load growth of 2.1 MW, to increase the company’s global footprint. Economic development partners…

12.11.19 | Newsroom

TPG Plastics LLC plans to locate in Murray, Kentucky

TPG Plastics LLC, designer and manufacturer of engineered plastics and blow-molded products, announced plans to locate in Murray, Kentucky. The company will lease the Murray West Speculative building, creating 75 new jobs and $14 million in capital investment. Economic development partners include West Kentucky Rural Electric Cooperative Corporation, Murray-Calloway County Economic Development Corporation and Kentucky Cabinet for…

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...