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.

02.25.20 | Newsroom

Accurate Energetic Systems, LLC plans to expand operations in McEwen, Tennessee

Accurate Energetic Systems, LLC, a developer and manufacturer of products for the defense and aerospace industry, announced plans to expand operations in McEwen, Tennessee. Plans for the project include creating 80 new jobs and investing $9.7 million towards modernizing and expanding its operations. Economic development partners include Meriwether Lewis Electric Cooperative, Humphreys County Economic Development…

02.24.20 | Newsroom

Mannington Mills, Inc., plans to expand operations in Gordon County, Georgia

Mannington Mills, Inc., a leading manufacturer of residential and commercial flooring, announced plans to expand operations in Gordon County, Georgia. Plans for the project include creating 268 new jobs and investing $22 million to expand the company’s Calhoun facility. Economic development partners include North Georgia EMC, Gordon County Chamber of Commerce and Development Authority, and…

02.24.20 | Newsroom

CMC Steel Tennessee plans to expand operations in Knoxville

CMC Steel Tennessee, a metals manufacturer, announced plans to expand operations in Knoxville. Plans for the project include investing $27 million in the facility and the addition of 9 new jobs. Economic development partners include Knoxville Utilities Board and the Knoxville Chamber.

02.11.20 | Newsroom

Genesco plans to expand the company’s Nashville headquarters operations

Genesco, a leading retailer and wholesaler of footwear, apparel and accessories, announced plans to expand the company’s Nashville headquarters operations. Plans for the project include adding 60 new jobs to the existing workforce of more than 750, and investing $31 million in the Davidson County facility. Economic development partners include Nashville Electric Service, Nashville Area…

02.3.20 | Newsroom

JCF Housements plans to locate in Fayetteville, Tennessee

JCF Housements, a premier housing manufacturer, announced plans to locate in Fayetteville, Tennessee. Plans for the project include creating 250 new jobs and investing $10 million. The company will operate in Fayetteville-Lincoln County’s newest speculative building, an 80,000 sq ft facility funded in part through TVA Economic Development’s InvestPrep program. Economic development partners include Fayetteville…

02.3.20 | Newsroom

Tokai Carbon GE LLC plans to expand operations in Hickman, Kentucky

Tokai Carbon GE LLC, a manufacturer of graphite electrodes for the US steel industry, announced plans to expand operations in Hickman, Kentucky. Plans for the project include creating 15 new jobs and investing $25 million. Economic development partners include Gibson Electric Membership Corporation, Kentucky Cabinet of Economic Development and the Fulton-Hickman Counties Economic Development Partnership.

01.27.20 | Newsroom

Amazon plans to locate its newest, high-tech fulfillment center in Memphis, Tennessee

Amazon, a leading global electronic commerce and cloud computing company, announced plans to locate its newest, high-tech fulfillment center in Memphis, Tennessee. Plans for the project include the creation of 1,000 new, quality jobs (*and $200 million in capital investment). This site will be the first in Tennessee to utilize innovative Amazon Robotics technology. Economic…

01.22.20 | Newsroom

Ajinomoto Foods North America Inc. plans to expand operations in Oakland, Mississippi

Ajinomoto Foods North America Inc., a leading manufacturer in the frozen food industry, announced plans to expand operations in Oakland, Mississippi. Plans for the project include investing $27.3 million to increase capacity. Economic development partners include Tallahatchie Valley EPA, Mississippi Development Authority, Yalobusha County, City of Oakland, and Yalobusha Industrial Development Board. This project helps…

01.21.20 | Newsroom

MINTH Group plans to expand operations in Lewisburg, Tennessee

MINTH Group, a leading designer and manufacturer of structural body, trim and decorative parts for the automotive industry, announced plans to expand operations in Lewisburg, Tennessee. Plans for the project include the creation of 250 new jobs, and the construction of an additional 230,000 square foot facility to support the company’s additional production. Economic development…

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…

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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...