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.

06.22.20 | Newsroom

Ramsey Solutions plans to expand operations in Williamson County, Tennessee

Ramsey Solutions, a financial services company, announced plans to expand operations in Williamson County, Tennessee. Plans for the project include adding 600 new jobs and investing $52 million in the company’s corporate headquarters. Economic development partners include Middle Tennessee Electric Membership Corporation, Williamson, Inc., and Tennessee Department of Economic and Community Development. This project helps…

04.8.20 | Newsroom

LabConnect plans to locate its headquarters to Johnson City, Tennessee

LabConnect, a leading central laboratory services provider, announced plans to locate its headquarters to Johnson City, Tennessee. Plans for the project include 200 jobs to support the company’s growth. Economic development partners include BrightRidge, Northeast Tennessee Regional Economic Partnership, and Tennessee Department of Economic and Community Development. This project helps further TVA’s mission to serve…

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…

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...