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.

11.16.17 | Newsroom

TVA Economic Development Efforts Drive Strong Results in FY 2017

The Tennessee Valley Authority announced another successful year in economic development activity by stimulating $8.3 billion in capital investment and growing or retaining 70,000 jobs in the TVA service territory in fiscal year 2017. More than 220 companies announced plans to locate to the Valley or expand existing operations in FY17, while boosting economic growth…

05.3.17 | Newsroom

How Green Is Our Valley?

There’s no doubt about it: Sustainability is hot. In a recent survey on the subject, a full 90 percent of corporate real estate executives indicated that sustainability is an important consideration in their clients’ location decisions. Communities that actively embrace sustainability are viewed as more progressive and competitive than those that don’t. That’s why all…

03.2.17 | Newsroom

LG Electronics to locate its new U.S. manufacturing operation in Montgomery County, TN

LG Electronics a global electronics and appliance company, announced plans to locate its new U.S. manufacturing operation in Montgomery County, Tennessee. The facility will be LG’s first washing machine manufacturing facility in the United States. The project plans to create 600 new jobs and $250 million in capital investment.

10.31.16 | Newsroom

Tennessee Valley’s Automotive Fast Lane

“Today, the world knows Detroit, Michigan, as the center of the automotive universe, but if Henry Ford had had his way, the nation’s auto hub would have been the Tennessee Valley,” says Chris Berryman, target market specialist for TVA Economic Development. It was 1921, and Ford saw in Muscle Shoals, Ala., the opportunity to snap…

09.15.16 | Newsroom

11 Years of Success with Site Selection

When TVA was created back in 1933, it was—as much as anything—an economic development agency, meant to lift the hurting Tennessee Valley out of poverty and usher in an era of modernity, electricity and abundance. TVA went to work immediately, building dams to prevent flooding, create a navigable waterway and produce electricity; replacing topsoil to…

08.1.16 | Newsroom

TVA Prepares Rural Leaders to Bring Home Jobs

At 3:30 on the Tuesday afternoon the president of a rural chamber of commerce hangs up the phone. She knows the proposal deadline is Friday, and the deal could bring hundreds of jobs and millions in investment to her desperately poor county. With a deep breath, she grins and thinks, “We’ve got this!”Scenes like this…

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News Index

Traxion Materials, a tire recycling company, announces plans to expand operations in Campbell County, Tennessee.

Traxion Materials, a tire recycling company, announced plans to expand operations in Campbell County, Tennessee. The company plans to create 49 new jobs and invest $5 million to expand its Jacksboro recycling and upcycling operations. Economic development partners include LaFollette Utilities Board, the Tennessee Department of Economic and Community Development, East Tennessee Economic Development Agency, Campbell County Industrial Board,...

Energizing Tennessee: Recruiting for the Nuclear Renaissance with Derrick Collins, TVA

Advanced energy 🤝 economic development. Derrick Collins, Regional Economic Development Consultant for the Tennessee Valley Authority joins Energizing Tennessee to discuss: Click here to listen. About Energizing Tennessee: Energizing Tennessee, powered by the Tennessee Advanced Energy Business Council, explores the latest news and insights about the advanced energy sector. Hear from advanced energy leaders and experts...

Bridgetown Natural Foods, a sustainable food producer, announces plans to expand operations in Wilson County, Tennessee.

Bridgetown Natural Foods, a sustainable food producer, announced plans to expand operations in Wilson County, Tennessee. Plans for the project include creating 237 new jobs and investing more than $24 million, adding additional lines at the company’s facility. Economic development partners include Middle Tennessee Electric, the Tennessee Department of Economic and Community Development, and the Joint Economic and...