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.

10.28.19 | Newsroom

ATN Hoelzel LP to expand operations, locating its North American headquarters in Hamilton County, TN

ATN Hoelzel LP, a global automotive supplier with a focus on automated and robot guided gluing equipment, announced plans to expand operations, locating its North American headquarters in Hamilton County, TN. Plans for the project include investing $6 million and creating 100 new jobs. Economic development partners include EPB, Tennessee Department of Economic and Community…

10.1.19 | Newsroom

Airtech Advanced Materials Group to expand operations in Robertson County, Tennessee

Airtech Advanced Materials Group, a vacuum bagging and composite tooling manufacturer, announced plans to expand operations in Robertson County, Tennessee. Plans for the project include creating 30 new jobs and investing $13 million in the company’s facility to meet continued growth. Economic development partners include Springfield Electric Department, Robertson County Industrial Development Board and Tennessee…

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...