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.

01.13.20 | Newsroom

Progressive Pipe Fabricators plans to locate a facility in Lawrence County, Alabama

Progressive Pipe Fabricators, a division of Shambaugh & Son, a custom fire protection, mechanical and electrical contractor, announced plans to locate a facility in Lawrence County, Alabama.  Plans for the project include adding 50 new jobs. Economic development partners include Joe Wheeler Electric Membership Corporation, Lawrence County Industrial Development Board, and the Alabama Department of…

12.16.19 | Newsroom

Arvin Sango, Inc. plans to expand in Chester County, Tennessee

Arvin Sango, Inc., a global automotive products manufacturer, announced plans to expand in Chester County, Tennessee. Plans for the project include creating more than 150 new jobs. Economic development partners include Southwest Tennessee Electric Membership Cooperative, Chester County Chamber, Chester County, City of Henderson and Tennessee Department of Economic and Community Development. These projects help…

12.16.19 | Newsroom

Hyosung Heavy Industries plans to locate its first US production facility in Memphis, Tennessee

Hyosung Heavy Industries (HICO), a Korea-based electrical power equipment manufacturer, announced plans to locate its first US production facility in Memphis, Tennessee. Plans for the project include the creation of 410 new jobs and $86.9 million in capital investment, and expected load growth of 2.1 MW, to increase the company’s global footprint. Economic development partners…

12.11.19 | Newsroom

TPG Plastics LLC plans to locate in Murray, Kentucky

TPG Plastics LLC, designer and manufacturer of engineered plastics and blow-molded products, announced plans to locate in Murray, Kentucky. The company will lease the Murray West Speculative building, creating 75 new jobs and $14 million in capital investment. Economic development partners include West Kentucky Rural Electric Cooperative Corporation, Murray-Calloway County Economic Development Corporation and Kentucky Cabinet for…

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...