News

TVA named top utility by Site Selection

September 6, 2006 — Site Selection magazine has named TVA to its list of top utilities for 2006 for outstanding economic development achievements in the Tennessee Valley.

The international magazine, which delivers business expansion planning information to more than 44,000 business and industry leaders globally, recognized TVA as one of the top utilities in North America for its achievements in generating capital investment and creating new jobs in the region, as well as the development of new programs and services for attracting economic activity.

Site Selection said TVA and other top utilities in this year’s rankings “competed for industrial projects and jobs by adopting innovative strategies to meet the needs of power-hungry businesses and keep their factories humming. Winning business strategies included new sites and buildings databases, smart growth policies, life science initiatives, programs to create certified sites, alternative energy investments, regional collaboration and innovative worker training.”

The rankings were determined by regional data in four categories: total capital investment, investment per capita, total jobs created, and jobs created per capita.

“We are extremely pleased that TVA is ranked as one of the top utilities in North America by Site Selection magazine,” said John Bradley, TVA Senior Vice President of Economic Development. “Our staff and economic development partners welcome the opportunity to showcase the Tennessee Valley to business and industry decision makers who look to Site Selection for valuable location and expansion information.”

Read about the rankings at SiteSelection.com.