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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.

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07.31.24 | Newsroom

PANTHERx Rare to Establish New Dispensing Facility in Collierville, Tennessee

PANTHERx Rare, a pharmacy and wholesale company, announced plans to establish operations in Collierville, Tennessee. Plans for the project include creating 120 new jobs and investing $4 million in the company’s new dispensing facility. Economic development partners include Memphis Light Gas, and Water, the Greater Memphis Chamber and the Tennessee Department of Economic and Community Development. This project furthers…
07.23.24 | Newsroom

Liebherr Announces Plans for New Facility in Tupelo, Mississippi

Liebherr, one of the world’s largest manufacturers of construction equipment, announced plans to establish operations in Tupelo, Mississippi. Plans for the project include creating 180 new jobs and investing $176 million, with potential for future growth at the company’s Lee County distribution and manufacturing operations. Economic development partners include Tombigbee Electric Power Association, the Community…
07.18.24 | Newsroom

Ashley Furniture Industries Plans Expansion in Lee County, Mississippi

Ashley Furniture Industries, the world’s largest manufacturer of home furnishings, announced plans to expand operations in Lee County, Mississippi. Plans for the project include creating 500 new jobs and investing $80 million at the company’s Verona facility. Economic development partners include Tombigbee Electric Power Association,  Mississippi Development Authority, and the Community Development Foundation. This project…
04.26.24 | Newsroom

Avancez Plans Expansion at Ford’s BlueOval City Supplier Park in Haywood County

Avancez, an automotive supplier, announced plans to establish operations at Ford’s BlueOval City Supplier Park. Plans for the project include creating 500 new jobs and investing $54 million in the company’s Haywood County assembly operations. Economic development partners include Southwest Tennessee Electric Membership Corporation, the Tennessee Department of Economic and Community Development, Haywood County, and…
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News Index

Yancey Engineered Solutions Announces Plans to Establish Operations in Batesville, Mississippi

Yancey Engineered Solutions, a generator enclosure and fuel tank manufacturer, announced plans to establish operations in Batesville, Mississippi. Plans for the project include creating 250 jobs and investing $20.8 million in the company’s Panola County facility. Economic development partners include Tallahatchie Valley Electric Power Association, Mississippi Development Authority, and Panola Partnership. This project furthers TVA’s...

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Glaukos Corporation to Establish Operations in Huntsville, Alabama

Glaukos Corporation, a global ophthalmic pharmaceutical and medical technology company, announced plans to establish operations in Huntsville, Madison County, Alabama. Plans for the project include creating 154 new jobs and investing more than $82 million in the company’s research, development, and manufacturing facility. Economic development partners include Huntsville Utilities, Huntsville-Madison County Chamber of Commerce, City of Huntsville, Alabama Department of Commerce,...

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Kitchen Food Co., Announces Plans to Establish Operations in Hopkinsville, Kentucky

Kitchen Food Co., a global prepared foods producer, announced plans to establish operations in Hopkinsville, Kentucky. The company plans to locate in the Hopkinsville-Christian County Spec Building, which was assisted by TVA InvestPrep program, creating 925 jobs and investing $69 million in the company’s new world-class facility. This project marks the largest job-creation announcement in...

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