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.

02.27.24 | Newsroom

Flexco Products Announces Manufacturing and Distribution Facility in Lawrenceburg, Tennessee

Flexco Products of Tennessee, LLC, a tubing and fabrication manufacturer announced plans to establish operations in Lawrenceburg, Tennessee. Plans for the project include creating 60 new jobs and investing $17.5 million to support production at the company’s manufacturing and distribution facility. Economic development partners include Lawrenceburg Utility Systems, Lawrence County Chamber of Commerce, Middle Tennessee…

02.13.24 | Newsroom

Armada Nutrition LLC Announces Plans to Expand Operations in Maury County, Tennessee

Armada Nutrition LLC, a leading manufacturer of nutritional powder production, announced plans to expand operations in Maury County, Tennessee. Plans for the project include creating 50 new jobs and investing $5 million in the company’s Spring Hill facility. Economic development partners include Middle Tennessee Electric, Tennessee Department of Economic and Community Development, Middle Tennessee Industrial…

02.1.24 | Newsroom

Snap-On Incorporated to Expand Operations in Carter County, Tennessee

Snap-on Incorporated, a hand tool manufacturer, announced plans to expand operations in Carter County, Tennessee. Plans for the project include creating 50 new jobs and investing $44 million to support capacity at the company’s Elizabethton facility. Economic development partners include Elizabethton Electric, City of Elizabethton, and the Tennessee Department of Economic and Community Development. This…

01.18.24 | Newsroom

Accelera by Cummins, Daimler Trucks and PACCAR Announce Joint Venture for New Facility in Marshall County, Mississippi

Accelera by Cummins, Daimler Trucks & Buses and PACCAR, announced a new joint venture with plans to establish an advanced battery cell production facility in Marshall County, Mississippi. Plans for the impactful project include creating 2,000 new quality jobs and investing $1.9 billion to produce battery cells for electric commercial vehicles and industrial applications. Economic…

01.12.24 | Newsroom

Unitech North America to Establish its First U.S. Manufacturing Operations in Warren County

Unitech North America, a leading adhesive manufacturer, announced plans to establish its first US manufacturing operations in Warren County, Tennessee. Plans for the project include creating 75 new jobs and invest $30 million in the Morrison facility. Economic development partners include Caney Fork Electric Cooperative, the Industrial Development Board of McMinnville-Warren County, Inc., and the…

12.14.23 | Newsroom

Xxentria Technology Materials Co. Plans to Establish its First U.S. Facility in Mt. Pleasant, Tennessee.

Xxentria Technology Materials Co., a metal composite material manufacturer, announced plans to establish its first U.S. facility in Mt. Pleasant, Tennessee. Plans for the project include creating 85 new jobs and investing $45 million in its Maury County facility. Economic development partners include Mt. Pleasant Power System, Maury Alliance, Middle Tennessee Industrial Development Association, and…

News Index

Yancey Engineered Solutions Announces Plans to Establish Operations in Batesville, Mississippi

Yancey Engineered Solutions, a generator enclosure and fuel tank manufacturer, announced plans to establish operations in Batesville, Mississippi. Plans for the project include creating 250 jobs and investing $20.8 million in the company’s Panola County facility. Economic development partners include Tallahatchie Valley Electric Power Association, Mississippi Development Authority, and Panola Partnership. This project furthers TVA’s...

Glaukos Corporation to Establish Operations in Huntsville, Alabama

Glaukos Corporation, a global ophthalmic pharmaceutical and medical technology company, announced plans to establish operations in Huntsville, Madison County, Alabama. Plans for the project include creating 154 new jobs and investing more than $82 million in the company’s research, development, and manufacturing facility. Economic development partners include Huntsville Utilities, Huntsville-Madison County Chamber of Commerce, City of Huntsville, Alabama Department of Commerce,...

Kitchen Food Co., Announces Plans to Establish Operations in Hopkinsville, Kentucky

Kitchen Food Co., a global prepared foods producer, announced plans to establish operations in Hopkinsville, Kentucky. The company plans to locate in the Hopkinsville-Christian County Spec Building, which was assisted by TVA InvestPrep program, creating 925 jobs and investing $69 million in the company’s new world-class facility. This project marks the largest job-creation announcement in...