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.

06.26.19 | Newsroom

The ICEE Company to locate headquarters in La Vergne, Tennessee

March 1, 2019 – The ICEE Company, a leader and innovator in the frozen beverage industry, announced plans to establish its headquarters in La Vergne, Tennessee. Plans for the project include the creation of 200 new jobs, and investing $10.3 million. Economic development partners include Nashville Electric Service, Tennessee Department of Economic and Community Development,…

06.26.19 | Newsroom

Integrity Tool and Mold breaks ground on Pulaski, Tennessee facility

February 25, 2019 – Integrity Tool and Mold, an international automotive supplier, broke ground on its new facility in Pulaski, Tennessee. Plans for the Canadian-based company’s project include creating more than 80 jobs and $18 million in capital investment. Economic development partners include Pulaski Energy Systems and Giles County Economic Development Commission.

06.26.19 | Newsroom

Togo North America, Inc. announces Portland, Tennessee location

February 21, 2019 – Togo North America Inc., an international producer of automotive parts, announced plans to establish a new facility in Portland, Tennessee. Plans for the new location include creating 58 new jobs and investing $11.4 million. Economic development partners include Cumberland Electric Membership Corporation, Tennessee Department of Economic and Community Development, City of…

06.26.19 | Newsroom

Arconic to expand Alcoa, Tennessee operations

February 14, 2019 – Arconic, a manufacturer of industrial and automotive product, and a direct serve customer of TVA, announced plans to expand its Alcoa, Tennessee operations. Plans for the project include adding 133 new jobs to the company’s 928 current employment, $100 million in investment and adding 10 MW of new load bringing the…

06.26.19 | Newsroom

FedEx Logistics to move headquarters to downtown Memphis

February 13, 2019 – FedEx Logistics announced plans to move its headquarters to downtown Memphis. The FedEx hub in Memphis is the largest sorting facility in the FedEx Express global network. Plans for the new location include the creation of 689 jobs, in addition to the 30,000 currently employed and investing $44 million. Economic development…

06.26.19 | Newsroom

OFS Brands Holdings to expand operations in Grayson, Kentucky

OFS Brands Holdings, Inc., a furniture manufacturer for office healthcare, education and hospitality sectors, announced plans to expand operations in Grayson, Kentucky. Plans for the project include investing $1 million, and adding 105 new jobs. Economic development partners include Warren Rural Electric Cooperative Corporation, Kentucky Cabinet for Economic Development, and Leitchfield-Grayson County Industrial Development Corporation.

06.26.19 | Newsroom

Corelle Brands to open facility in Marshall County, Mississippi

January 25, 2019 – Corelle Brands LLC, a leading manufacturer and marketer of houseware brands, announced plans to open a facility in Marshall County, Mississippi. Plans for the manufacturing and distribution operation include creating 400 new jobs and investing $27.7 million. Economic development partners include Chickasaw Electric, Mississippi Development Authority, Marshall County Industrial Development Authority,…

06.26.19 | Newsroom

Volkswagen to expand operations in Chattanooga, Tennessee

January 14, 2019 – Volkswagen, a leading global automotive manufacturer, announced plans to expand operations at its Chattanooga, Tennessee facility. Plans for the project include 1,000 new jobs, $800 million investment, with the potential to add approximately 20 MW of new load, to produce the company’s first electric vehicle in North America. Economic development partners…

06.15.18 | Newsroom

Facebook to locate its newest data center in Huntsville

Facebook, a global technology and social networking company, announced plans to locate its newest data center in Huntsville, Alabama. The company announced plans to locate on 340 acres in north Alabama, investing $750 million and creating 100 new jobs.

06.12.18 | Newsroom

Crown Verity USA Inc. to locate in Bowling Green, KY

Crown Verity USA Inc., a manufacturer of outdoor commercial and residential cooking equipment, announced plans to locate in Bowling Green, Kentucky. The project is expected to create 25 new jobs and $3.6 million in investment.

« 1 … 37 38 39 40 41 42 »

News Index

Hygrade Components announces plans to expand operations in Mount Pleasant, Tennessee

Hygrade Components, a metal fabricator, announced plans to expand operations in Mount Pleasant, Tennessee. The company plans to create more than 30 new jobs and invest $1.6 million in its Maury County operations to support growth into new markets. Economic development partners include Mount Pleasant Power System, Maury Alliance, Tennessee Department of Economic and Community Development, Middle Tennessee Industrial...

Homeland Vinyl Products to expand operations in Surgoinsville, Tennessee

Homeland Vinyl Products, a residential and commercial vinyl products manufacturer, announced plans to expand operations in Surgoinsville, Tennessee. Plans for the project include creating 50 new jobs and investing $5.5 million as the company adds additional product lines. Economic development partners include Holston Electric Cooperative, Hawkins County Industrial Development Board, Networks Sullivan Partnership and the Tennessee Department of Economic...

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...