Nissan Leaf to be produced in Tennessee
Nissan will build the Leaf, its fully electric car, and the batteries to power the vehicle at its plant in Smyrna, Tennessee. The company will invest $812 million and hire around 1,300 workers for the plant. Read more.
Confluence Solar will build Tennessee plant
Confluence Solar will build a $200 million facility in Clinton, Tennessee, to manufacture products that help make solar photovoltaic cells more efficient. Read more.
More Tennessee solar news:
• Dow Corning and Hemlock Semiconductor will build a $1.2 billion plant to produce polysilicon, used to make solar cells. Read more.
• Wacker Chemie AG is another global company that will build a plant to produce polysilicon for solar cells and electronics. Read more.
Mississippi develops aerospace park
The GTR Industrial Aerospace Park is a broad regional effort that builds on an existing aerospace presence. Read more.
TVA again ranks among top 10 utilities
For the fourth year in a row, TVA has been named one of the top utilities in North America by Site Selection magazine. The award is based on TVA’s economic development achievements in 2008. Read more.
New program supports existing companies
Existing power customers in targeted sectors that contribute to the economic development of the region may be eligible for financial incentives. Read about the Valley Investment Initiative.
Six companies to occupy VW supplier park
A Volkswagen supplier park will be built next to the new auto plant at the Enterprise South Industrial Site in Chattanooga. The suppliers will build about 16 components for VW and employ 500 workers. The names of suppliers will be announced after contract negotiations are complete. 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.
TVA offers new data center power rates
The TVA Board has approved a new rate classification to help attract and retain data centers in the Tennessee Valley. Read more.
