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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.

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10.5.23 | Newsroom

SGB Enterprises, Inc., announces plans to establish operations in Maury County, Tennessee.

10/05/23 SGB Enterprises, Inc., announced plans to establish operations in Maury County. Plans for the project include creating 40 new jobs and investing $1.7 million in the company’s Columbia headquarters and manufacturing operations. Economic development partners include Columbia Power and Water Systems, the Maury Alliance, Middle Tennessee Industrial Development Association and the Tennessee Department of…
09.12.22 | Newsroom

Riviana Foods Inc. announced plans to expand operations in Memphis, Tennessee.

Riviana Foods Inc., a consumer products processing and packaging company, announced plans to expand operations in Memphis, Tennessee. Plans for the project include creating 80 new jobs and investing more than $80 million to increase production capacity at the company’s state-of-the-art facility. Economic development partners include Memphis Light Gas and Water, City of Memphis, Shelby County, EDGE, Tennessee Department…
09.1.22 | Newsroom

Delavan Ag Pumps, Inc announced plans to establish operations in Elkton, Kentucky.

Delavan Ag Pumps, Inc., an agritech company, announced plans to establish operations in Elkton, Kentucky. Plans for the project include creating 30 new jobs and investing $2.3 million in the production and warehouse operations to support the company’s recently expanded lawn and garden business. Economic development partners include Pennyrile RECC, Southwestern Kentucky Economic Development Council, City of Elkton, Todd…
08.30.22 | Newsroom

Hankook Tire and Technology Co., Ltd, announced plans to expand operations in Montgomery County, TN.

Hankook Tire and Technology Co., Ltd, a leading global tire manufacturer, announced plans to expand operations in Montgomery County, TN. Plans for the project include creating 397 new jobs and investing $612 million in the company’s third major expansion since breaking ground at the state-of-the-art Clarksville facility in 2014. Economic development partners include Cumberland Electric Membership Corporation, Clarksville-Montgomery County…
08.29.22 | Newsroom

Ventcon announced plans to establish its first manufacturing operations outside of the company’s headquarters in Allen Park, Michigan

Ventcon, an industry leading HVAC sheet metal mechanical company, announced plans to establish its first manufacturing operations outside of the company’s headquarters in Allen Park, Michigan.  Plans for the new plant in Madison County, TN include investing $6.7 million and creating 75 new jobs. Economic development partners include the Jackson Chamber, Jackson Energy Authority, City of Jackson, Madison…
08.25.22 | Newsroom

Bridgestone Americas announced plans to expand operations in Warren County, Tennessee.

Bridgestone Americas, a global mobility company, announced plans to expand operations in Warren County, Tennessee. Plans for the significant expansion and modernization project include investing $550 million and creating 380 new jobs, increasing the existing headcount to more than 1,400 employees at the Morrison truck and bus radial tire facility. Economic development partners include the Industrial Development Board…
08.22.22 | Newsroom

Westlake Pipe and Fittings, plans to expand operations in Brownsville, Tennessee

Westlake Pipe and Fittings, a plastic fabrication company, plans to expand operations in Brownsville, Tennessee. Plans for the project include investing $102 million in the Haywood County facility. Economic development partners include Brownsville Energy Authority, City of Brownsville, and Haywood County and Tennessee Department of Economic and Community Development. This project helps further TVA’s mission of service…
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News Index

Howmet Aerospace Inc., Announces Expansion in Morristown, Tennessee

Howmet Aerospace Inc., an international aerospace company, announced plans to expand operations in Morristown, Tennessee. Plans for the project include creating 217 new jobs at the company’s Hamblen County facility. Economic development partners include Morristown Utilities, the Morristown Area Chamber of Commerce, and the Tennessee Department of Economic and Community Development. This project furthers TVA’s...

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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...

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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...

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