News and Events

News Stories - 2012

TVA's Tidwell wins site selection award. Business recruitment specialist Tim Tidwell is a recipient of one of the first annual Excellence in Economic Development Awards given by the Site Selectors Guild. 1-18-12 Read more.

News Stories - 2011

Two Tennessee sites identified for data center potential. The sites in Warren County bring the inventory of favorable data center locations to 20. 12-14-11. Read more.

TVA's economic development efforts help businesses invest $4.9 billion in 2011. About 43,000 jobs were attracted or retained over the fiscal year. 11-22-11 Read more.

Mann-Hummel USA will set up Tennessee production facility. The German automotive manufacturer will locate a plant in Dunlap, Tenn. 11-3-11 Read more.

Carpenter to build steel plant in northern Alabama. The $500 million project will create more than 200 jobs. 11-3-11 Read more.

Pillsbury Winthrop to locate service center in Nashville. The international law firm will relocate 150 corporate jobs to the city. 11-3-11 Read more.

Propulsys will upgrade Kentucky plant. The company will invest $9.5 million and retain its 207 workers. 11-3-11 Read more.

BorgWarner will expand Mississippi operations. Multimillion-dollar expansion of auto parts manufacturing operations will add 120 jobs. 11-3-11. Read more.

Site Selection ranks TVA among top 10 utilities for sixth straight year. The ranking is based on TVA's economic development accomplishments in 2010. 9-1-11 Read more.

Business Xpansion story features TVA data center development. TVA’s ongoing designation of ready-for-development data center sites is highlighted in a recent article in Business Xpansion Journal. 7-19-11 Read more.

Two sites identified for data center development. The 17th and 18th sites designated as ready for data center development are located in Huntsville, Ala., and Adairville, Ky. 7-11-11 Read more.

Sixteenth site selected for data center development. A Florence, Ala., site is a prime candidate for data center development, says an economic development survey sponsored by TVA. 5-11-11 Read more.

Sequa Automotive Group to expand in Kentucky. The $7.2 million expansion of the Morgantown facility will bring 280 new jobs to Butler County. 4-11-11. Read more.

Fifteenth site selected for data center development. TVA has identified a Morristown, Tenn., site as the latest of 15 prime locations for developing the region's data center industry. 4-8-11. Read more.

Fourteenth site selected for data center development. TVA has identified a Nashville site as the latest of 14 prime locations for developing the region's data center industry. Read more.

Mitsubishi Electric Power announces new transformer plant in Memphis. The $200 million project will add 275 jobs and manufacturer extra-high voltage shell type transformers for use by utilities. 2-14-11. Read more.

Nashville Bun announces plans to expand Nashville plant. Nashville Bun will invest $7 million in a 25,000-square-foot expansion of its existing facility in Nashville, adding 100 new jobs in the process. 2-8-11. Read more.

News Stories - 2010

TVA helps businesses invest $4.3 billion in economic development projects in 2010. The Tennessee Valley Authority's helped companies invest $4.3 billion in economic development projects and attract or retain 41,000 jobs across the region in fiscal year 2010. 12-31-10 Read more.

Amazon.com to open fulfillment centers in the Tennessee Valley. The online retailer announced plans for two plants empoying about 1,400 and opening before the 2011 holiday season. 12-21-10. Read more.

Electrolux announces major Memphis plant. The global home applicance manufacturer will invest about $190 million in the project, which is expected to create over 1,200 direct jobs. 12-15-10. Read more.

Thirteenth site selected for data center development. As part of a TVA-sponsored economic development program, Deloitte Consulting has designated a 13th Tennessee Valley site, located in Grenada, Miss., as having strong potential for high-tech development. 11-10-10. Read more.

Olin-Winchester to expand operations in Mississippi. Olin-Winchester Corporation, a global supplier of sporting ammunition, has announced a $100 million expansion in Oxford, Miss. Read more.

TVA program identifies sites for data center development. A Tennessee Valley Authority economic development program has identified a dozen sites in the Southeast as prime locations for developing the region’s growing data center industry. Read more.

Japanese auto parts plant to open in Tennessee. IB-Tech, a subsidiary of Japanese-owned auto parts manufacturer Imasen Electric Industrial Co. Ltd., will invest $50 million and create 385 jobs. 9-10-10. Read more.

Whirlpool announces plans to build new plant in Tennessee. The appliance manufacturer will build a $120 million manufacturing and distribution facility in Cleveland. 9-2-10. Read more.

TVA ranks in top 10 economic development utilities for fifth straight year. The annual ranking by Site Selection magazine is based on capital investment and job creation. 9-2-10. Read more.

New Tenn. energy loan program can boost business profitability. The $50 million program will offer energy efficiency loans at below-market rates. 8-27-10. Read more.

Toyota restarts Mississippi operations, adds 2,000 jobs. The automaker will build Corolla compact sedans at the plant, now scheduled to open in fall 2011. 6-16-10 Read more.

LKQ Corporation to expand in Nashville. The auto-parts supplier will enlarge its existing facility to consolidate its corporate support operations. 6-9-10 Read more.

Jackson National Life Insurance chooses Tennessee for regional HQ. The company will employ 750 at its new center in Franklin. 5-25-10 Read more.

Loews chooses Nashville for service center. The hotel chain will locate a shared service center in downtown Nashville to serve its 19 locations in the U.S. and Canada. 5-13-10 Read more.

Amneal Pharmaceuticals expands in Kentucky. The generic drug manufacturer will consolidate its logistics and sales operations at a new location in Glasgow. 5-13-10 Read more.

Remington Arms will enlarge Ketucky plant. The firearms manufacturer will invest $5 million over the next three years and double its workforce. 5-13-10 Read more.

Auto supplier A.P. Plasman to build Alabama plant. Canadian company A.P. Plasman will build a new plant in Fort Payne, Ala., to manufacture automotive exterior trim. 4-26-10 Read more.

Honda supplier to expand in Cullman, Alabama. Tier-one Honda supplier Yutaka will expand its Cullman plant and add a catalytic converter line. 4-5-10 Read more.

Modine's Tennessee expansion to create 200 jobs. The manufacturer of vehicle cooling equipment will expand its Lawrence County operations. 3-17-10 Read more.

Fleet One to expand Nashville operations. The company provides financial services to the transportation industry. 3-17-10 Read more.

Nissan will build electric vehicles in Tennessee. Nissan North America has announced that it will build the new LEAF electric vehicles at its plant in Smyrna, Tenn. 2-8-10 Read more.

Auto supplier SL Tennessee expands Clinton plant. The company has gained a contract to make shifter assemblies for the VW plant in Chattanooga. 2-8-10 Read more.

Wei Chuan expands operations in Murfreesboro. The company is the largest producer of Chinese food in North America. 2-8-10 Read more.

The evolution of Megasites marketing. TVA's Megasites Program was originally seen as a way to attract large automotive manufacturers. Subsequently the program has developed a broader scope that promises greater manufacturing diversity for the region. Read the Business TN article Marketing the Megasite.

Volkswagen was the latest company to purchase a Megasite. Read about the Chattanooga Chamber's Volkswagen Team, which acts as a liaison between the automaker and local community.