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.

08.3.20 | Newsroom

Ashley Furniture Industries, Inc. expands operations in Lee County, Mississippi

Ashley Furniture Industries, Inc., a leader in furniture manufacturing, announced plans to expand operations in Lee County, Mississippi. Plans to expand operations in North Mississippi include investing $22 million and creating 130 new job opportunities across the company’s Verona and Saltillo facilities. Economic development partners include Tombigbee Electric Power Association, Mississippi Development Authority, Community Development…

07.29.20 | Newsroom

MAHALE expands operations in Murfreesboro, Tennessee.

MAHLE, a leading international automotive supplier, announced plans to expand operations in Murfreesboro, Tennessee. Plans for the project include adding 300 jobs and optimizing the company’s production footprint to be closer to automotive suppliers located in the Southeast. Economic development partners include Middle Tennessee Electric, Tennessee Department of Economic and Community Development, and Rutherford County…

07.8.20 | Newsroom

GreenServ, Inc. locates in Batesville, Mississippi

GreenServ, Inc., a regulated medical waste and secure document destruction company, announced plans to locate its headquarters and operations in Batesville, Mississippi. Plans for the project include creating 45 jobs and investing $6 million. Economic development partners include Tallahatchie Valley Electric Power Association, Panola Partnership, Panola County officials, and Mississippi Development Authority. This projects helps…

06.30.20 | Newsroom

Agero, Inc., plans to expand operations in Clarksville, Tennessee

Agero, Inc., a leading provider of driver assistance services, announced plans to expand operations in Clarksville, Tennessee. Plans for the project include investing $2 million to expand the call center operations and creating 900 new jobs. Economic development partners include Cumberland Electric Membership Corporation, Tennessee Department of Economic and Community Development, Clarksville-Montgomery County Economic Development…

News Index

Virginia Transformer announces plans to establish operations in Muscle Shoals, Alabama.

Virginia Transformer, North America’s largest power transformer manufacturer, announced plans to establish operations in Muscle Shoals, Alabama. Plans for the project include creating 1,100 new jobs at the company’s state-of-the-art operations in Colbert County. Economic development partners include Muscle Shoals Electric Board, Shoals EDA, Alabama Department of Commerce, Norfolk Southern, City of Muscle Shoals, Colbert County and...

Underground Solutions, Inc. announces plans to establish operations in Batesville, Mississippi.

Underground Solutions, Inc., an infrastructure technology company, announced plans to establish operations in Batesville, Mississippi. The company plans to invest $80 million in the manufacturing facility and create 50 new jobs. Economic development partners include Tallahatchie Valley Electric Power Association, Panola Partnership, Mississippi Development Authority and TVA. This project furthers TVA’s mission of service to help improve the...

Light Electric Vehicles announces plans to establish operations in Algood, Tennessee.

Light Electric Vehicles (LEV), an electric bicycle manufacturer, announced plans to establish operations in Algood, Tennessee. Plans for the project include creating 288 new jobs and investing $7 million in the company’s Putnam County production and distribution facility. Economic development partners include Upper Cumberland Electric Membership Corporation, the Tennessee Department of Economic and Community Development, Highlands Economic Partnership, Putnam County...