|

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, Campbell County, and TVA. This project furthers TVA’s mission of service to help improve the quality of life for the people of the Valley through job creation.

Learn more.

Aluminum Dynamics, an aluminum recycling and manufacturing company announced plans to develop a recycled aluminum slab center in Lowndes County, Mississippi. Plans for the project include creating 100 new jobs and investing more than $200M in the company’s operations. Economic development partners include 4-County EPA, Mississippi Development Authority, Golden Triangle Development LINK, and TVA. This project furthers TVA’s mission of service to help improve the quality of life for the people of the Valley through job creation.

Read more.

Oklo Inc., an advanced nuclear technology company, announced plans to establish operations in Oak Ridge, Tennessee. Plans for the project include creating more than 800 new jobs and investing $1.7 billion, which includes the development of an advanced nuclear fuel recycling facility. This announcement establishes Oklo as the nation’s first privately funded nuclear recycling facility, providing a durable, domestic fuel supply for advanced reactors.  Economic development partners include Oak Ridge Electric Department, U.S. Department of Energy, Tennessee Department of Economic and Community Development, Oak Ridge Corridor Development Corporation, East Tennessee Development Agency, Roane County, and the City of Oak Ridge. This project furthers TVA’s mission of service to help improve the quality of life for the people of the Valley.

Read More