Memphis Economic Development
A new study from the Greater Memphis Chamber makes it clear – TVA is good for business in Memphis. Read how TVA's economic development efforts have financial, societal and growth implications for the area.
Ford Motor Company has announced it will be locating its electric vehicle and battery manufacturing plant in West Tennessee, specifically at the TVA-certified Memphis Regional Megasite in Haywood County.
The Memphis and Shelby County community is already home to the blues and barbeque; now Shelby County also will be home to one of Tennessee’s largest solar farms.
Helping businesses to locate, stay or expand their operations in the Memphis area is part of TVA’s mission. Since 2012, TVA has worked with Memphis to help attract or retain 40,300 jobs and over $5 billion in capital investments.
A new state-of-the-art Amazon fulfillment center in Memphis will create 1,000 new full-time jobs, thanks in part to the partnership between the State of Tennessee, local governments and organizations, economic development agencies, MLGW and TVA.
TVA and MLGW congratulate HICO on its decision to establish operations and create job opportunities in Memphis. Helping to foster economic growth is fundamental to TVA’s mission of service to the people of the Valley.
“TVA is the only public power utility that carries a congressional mandate to advance economic development in the areas it serves.” —John Bradley, TVA