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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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03.12.26 | Newsroom

Create Energy Announces Plans to Expand Operations in Robertson and Sumner Counties, Tennessee

Create Energy, U.S.-based renewable energy company, announced plans to expand operations in Robertson and Sumner Counties, Tennessee. Plans for the project include creating 973 jobs and investing $67 million in a new location announcement in Orlinda and creating 30 jobs and investing $2 million to expand its Portland location. Economic development partners include Cumberland Electric Membership Corporation, Tennessee Department…
02.26.26 | Newsroom

Durable Products to Expand in Cumberland County, Tennessee

Durable Products, a rubber products supplier, announced plans to expand operations in Cumberland County, Tennessee. Plans for the project include creating 134 new jobs and investing $27 million in the company’s Crossville operations. Economic development partners include Volunteer Energy Cooperative, the Crossville-Cumberland Chamber of Commerce, and the Tennessee Department of Economic and Community Development. This…
02.11.26 | Newsroom

Spartan Composites Announces Plans to Establish Operations in Saltillo, Mississippi

Spartan Composites, an advanced composite materials manufacturer, announced plans to establish operations in Saltillo, Mississippi. Plans for the project include creating 45 new jobs and investing $49 million in the company’s Lee County location. Economic development partners include Mississippi Development Authority, Tombigbee Electric Power Association, and the Community Development Foundation. This project furthers TVA’s mission…
01.16.26 | Newsroom

Laser Isotope Separation Technologies (LIS) to Expand Operations in Oak Ridge, Tennessee

Laser Isotope Separation Technologies (LIS), a U.S. laser enrichment technology developer, announced plans to expand operations in Oak Ridge, Tennessee. Plans for the project include creating 203 new jobs and investing $1.3 billion, becoming the first U.S. origin commercial laser uranium enrichment plant in the world, supporting U.S. utilities, next-generation reactor developers, and national defense…
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News Index

Kyoto Fusioneering announces plans to establish operations in Oak Ridge, Tennessee.

Kyoto Fusioneering, a premier fusion technology and integrated systems developer, announced plans to establish operations in Oak Ridge, Tennessee. Plans for this project include creating 51 new jobs and investing $47 million in the company’s U.S. headquarters operations in Anderson County. Economic development partners include Oak Ridge Electric Department, Oak Ridge National Laboratory, U.S. Department of Energy, City of...

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Traxion Materials, a tire recycling company, announces plans to expand operations in Campbell County, Tennessee.

Traxion Materials, a tire recycling company, announced plans to expand operations in Campbell County, Tennessee. The company plans to create 49 new jobs and invest $5 million to expand its Jacksboro recycling and upcycling operations. Economic development partners include LaFollette Utilities Board, the Tennessee Department of Economic and Community Development, East Tennessee Economic Development Agency, Campbell County Industrial Board,...

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Energizing Tennessee: Recruiting for the Nuclear Renaissance with Derrick Collins, TVA

Advanced energy 🤝 economic development. Derrick Collins, Regional Economic Development Consultant for the Tennessee Valley Authority joins Energizing Tennessee to discuss: Click here to listen. About Energizing Tennessee: Energizing Tennessee, powered by the Tennessee Advanced Energy Business Council, explores the latest news and insights about the advanced energy sector. Hear from advanced energy leaders and experts...

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