TVA Employees Move to One Lenoir City Location
December 3, 2004
LENOIR CITY, Tenn. – To optimize the use of TVA office space while minimizing current and future costs, three separate TVA organizations are moving to one location in Lenoir City, and employees will begin work there Monday, Dec. 6.
TVA’s new Lenoir City offices, located at 260 Interchange Park Drive, will house the Watts Bar-Clinch Watershed Team, the Little Tennessee Watershed Team and the TVA Police Fort Loudoun unit. Approximately 41 employees will use the new offices.
The Watts-Bar Clinch Watershed Team, which serves Norris, Melton Hill, Watts Bar and Great Falls reservoirs, may be reached at (865) 632-1320. The Little Tennessee Watershed Team serves Fort Loudoun, Tellico and Fontana reservoirs and may be contacted at (865) 632-1300. The TVA Police Fort Loudoun unit may be reached at (865) 632-1350.
A satellite office in Norris for the Watts Bar-Clinch Watershed Team will be open on Tuesdays and Fridays at the TVA Engineering Lab Building B to assist customers in the Norris area. The phone number is (865) 632-1476.
TVA is now in the third year of implementing its Strategic Facilities Plan, during which it has vacated facilities not in use or for which there are no future plans. This is being done through sales, subleases and termination of leases of TVA facilities across the Tennessee Valley.
Since 2001, through consolidations, sales, subleases and other initiatives, TVA has reduced its office space by about 500,000 square feet for a total savings of more than $20 million. In addition to the direct proceeds from these transactions, TVA obtains additional benefits by reducing or eliminating maintenance costs on these properties. All of these savings contribute to reducing TVA’s debt and increasing financial flexibility.
TVA is the nation’s largest public power provider and is completely selffinanced. TVA provides power to large industries and 158 power distributors that serve approximately 8.5 million consumers in seven southeastern states. TVA also manages the Tennessee River and its tributaries to provide multiple benefits, including flood control, navigation, water quality, water supply and recreation.
Media Contact:
Michelle Sherrard
TVA News Bureau, Knoxville, (865) 632-6000
