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.

12.5.24 | Newsroom

Petainer Manufacturing USA, Inc. Plans to Expand Operations into Maury County, Tennessee

Petainer Manufacturing USA, Inc., a global sustainable packaging company, announced plans to expand operations to Maury County, Tennessee. Plans for the project include creating 35 new jobs and investing $10 million in the company’s Mt. Pleasant manufacturing operations. Economic development partners include Mt. Pleasant Power System, Maury Alliance, Tennessee Department of Economic and Community Development…

10.11.24 | Newsroom

The Anderson-DuBose Company to Establish First Distribution Facility in Jefferson City, Tennessee

The Anderson-DuBose Company, a distributor for the food service industry, announced plans to establish operations in Jefferson City, Tennessee. Plans for the project include creating 80 new jobs and investing $40 million in the company’s facility. Economic development partners include Appalachian Electric Cooperative, Jefferson County Alliance, City of Jefferson City, Jefferson County, Norfolk Southern Railway,…

09.9.24 | Newsroom

Kentucky Aluminum Processors Breaks Ground on New $40 Million Facility in Logan County, Kentucky

Kentucky Aluminum Processors, an aluminum recycling facility, plans to establish operations in Logan County, Kentucky. Plans for the project include the creation of 75 new jobs and $40 million in the company’s new Russellville facility. Economic development partners include the Kentucky Cabinet for Economic Development, Pennyrile Rural Electric Cooperative Corporation, and the Logan County Alliance…

08.26.24 | Newsroom

Amazon Announces Last-Mile Facility in Lee County, Mississippi

8/26/24 Amazon, a global e-commerce company, announced plans to establish operations in Lee County, Mississippi. The company plans to locate its Last-Mile Facility in a new Saltillo facility supported by TVA InvestPrep. Economic Development partners include Tombigbee Electric Power Association, Community Development Foundation, and the Mississippi Development Authority. This project furthers TVA’s mission of service…

News Index

Howmet Aerospace Inc., Announces Expansion in Morristown, Tennessee

Howmet Aerospace Inc., an international aerospace company, announced plans to expand operations in Morristown, Tennessee. Plans for the project include creating 217 new jobs at the company’s Hamblen County facility. Economic development partners include Morristown Utilities, the Morristown Area Chamber of Commerce, and the Tennessee Department of Economic and Community Development. This project furthers TVA’s...

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...