Tennessee MSA News
Local employers, investment announcements and market developments in Tennessee.

Former La Vergne Tire Plant to Become 1.5 Million-Square-Foot Industrial Park
Hamilton Development and Clarion Partners plan 10 buildings on the 135-acre site. The first phase targets delivery in Q2 2028.
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Valmont Invests $45 Million in Jasper Expansion
The Marion County manufacturer plans 84 additional jobs to expand production of steel structures for utility infrastructure.
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Entergy and Google Expand West Memphis Power Partnership
The second phase supports Google’s $4 billion data-center campus and includes substantial investment in Arkansas’ power infrastructure.
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ALO Plans $176M Distribution Center in Southaven
The fulfillment investment is expected to create 400 jobs and expand the Memphis region’s logistics employment base. Subscription may be required.
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Memphis Grants Tax Abatement for Falls Building Conversion
A 20-year tax freeze supports the proposed $82.4 million conversion of the downtown office building into 175 apartments.
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Mayo Clinic Laboratories Plans Southaven Facility
The diagnostic operation represents more than $30 million in investment and is expected to create 234 jobs.
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Knoxville Council Rejects Kerbela Shriners Redevelopment
A 5–4 vote overturned approval for the proposed 217-unit community for residents aged 55 and older.
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Prysmian Plans $100M Investment in Jackson, Tennessee
The manufacturer expects the expansion to create approximately 100 jobs by 2028.
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Chattanooga Prepares Groundbreaking for Federal Courthouse
The approximately $282 million project will consolidate federal judicial functions in a new downtown facility.
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TriStar Centennial Plans $90M Hospital Project
The Nashville investment will renovate and expand women’s and children’s facilities, with completion targeted for 2028. Subscription may be required.
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Former La Vergne Tire Plant Sells for $90.7M
The buyers plan an industrial park with approximately 1.5 million square feet across 10 buildings near Nashville. Subscription may be required.
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ITT Goulds Pumps Plans $31M Shelby County Operation
The manufacturing and distribution investment is expected to create 57 jobs in the Memphis region.
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Amentum Opens Nuclear Headquarters in Oak Ridge
The new hub brings together more than 150 specialists and supports the Knoxville region’s nuclear-industry concentration.
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Chattanooga Grants More Time for The Bend Project
The developer received an extension to address a potential default affecting the proposed riverfront development.
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Memphis Delays Decision on Data-Center Moratorium
The council postponed action on a proposed yearlong pause as residents and developers debated new data-center construction.
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Pepsi WARN Notice Confirms Knoxville Plant Closure
The bottling-plant shutdown is expected to affect more than 100 workers, according to the state notice.
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Nashville Selected for Bloomberg Housing Initiative
Nashville and Chattanooga are among the cities receiving funding and expertise intended to address housing shortages. Subscription may be required.
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Chattanooga Joins Bloomberg Housing Initiative
The city will receive funding and technical expertise aimed at speeding approvals and expanding housing production.
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Volkswagen Begins New Atlas Assembly in Chattanooga
The plant is preparing the updated SUV while maintaining its role as a major regional manufacturing employer.
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Humboldt Officials Explain Tax-Increment Financing Plan
The proposed district includes land intended for multifamily development in the Jackson, Tennessee region.
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Shelby Assessor Finds Limited Data-Center Effect on Home Prices
The report examines residential values near major industrial investments in the Memphis market. Subscription may be required.
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Jackson Council Advances Jackson Plaza’s Second Phase
The city approved a contract connected to the redevelopment’s next stage during its October meeting.
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SpaceXAI Leases Southaven Warehouse
The deal adds to industrial leasing activity in DeSoto County and the broader Memphis logistics market. Subscription may be required.
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$581M Grid Investment Targets TVA Reliability
Federal and applicant funding will support transmission upgrades across multiple states, including Tennessee.
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Memphis’ 100 N. Main Redevelopment Faces Financing Gap
The developer reports a $13 million to $14 million shortfall in the proposed $270 million project. Subscription may be required.
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New Images Show Nashville’s Voce Development
The Midtown condominium project is taking shape as its developer moves through the next construction stages. Subscription may be required.
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Historic Tax Credits Could Help Fund Memphis Redevelopment
The report examines whether state incentives can close financing gaps for eligible historic properties. Subscription may be required.
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Thompson Machinery Advances Collierville Headquarters Plan
Local planning actions move the company’s proposed relocation forward in the Memphis region. Subscription may be required.
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Historic Memphis Property to Become Veterans Housing
The former Porter-Leath property is slated for adaptive reuse as The Leath, with 34 residential units. Subscription may be required.
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