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.

04.26.24 | Newsroom

Avancez Plans Expansion at Ford’s BlueOval City Supplier Park in Haywood County

Avancez, an automotive supplier, announced plans to establish operations at Ford’s BlueOval City Supplier Park. Plans for the project include creating 500 new jobs and investing $54 million in the company’s Haywood County assembly operations. Economic development partners include Southwest Tennessee Electric Membership Corporation, the Tennessee Department of Economic and Community Development, Haywood County, and…

03.20.24 | Newsroom

Vulcan Thermal to Establish Presence in Surgoinsville, Tennessee

Vulcan Thermal, a heat treatment company, announced plans to establish operations in Surgoinsville, Tennessee. The company’s plans for the project include creating 30 new jobs and investing $5 million in the Hawkins County manufacturing facility. Economic development partners include Holston Electric Cooperative, Hawkins County Industrial Development Board, Networks Sullivan Partnership and the Tennessee Department of…

News Index

Hyosung HICO to Expand Operations in Memphis, Tennessee

Hyosung HICO, a power transformer manufacturer, announced plans to expand operations in Memphis, Tennessee. Plans for the project include creating 120 new jobs and investing $51 million in the company’s U.S. manufacturing headquarters. Economic development partners include Memphis Light Gas and Water, the Greater Memphis Chamber, Memphis Shelby County EDGE and the Tennessee Department of...

GE Aerospace Announces Plans to Expand Operations in Batesville, Mississippi

GE Aerospace, an aerospace and defense company, announced plans to expand operations in Batesville, Mississippi. Plans for the project include creating 100 new jobs and investing $11 million as the company increases production at the Panola County site. Economic development partners include Tallahatchie Valley Electric Power Association, Panola Partnership, and the Mississippi Development Authority. This...

Troax Group to Locate Operations in Portland, Tennessee

Troax Group, a wire mesh safety solutions manufacturer, announced plans to locate operations in Portland, Tennessee. Plans for the project include creating 120 new jobs and investing $23 million in the company’s Robertson County operations. Economic development partners include Cumberland Electric Membership Corporation, the City of Portland, Robertson County and the Tennessee Department of Economic...