Archive | Tennessee Valley Authority

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TVA: $1.2B in investment and 4,700 jobs in Miss.

The Tennessee Valley Authority says its economic development efforts were successful in attracting and retaining more than 60,300 jobs and spurring a record $8.5 billion in business investments in the TVA region in fiscal year 2014. In Mississippi, TVA said its efforts resulted in 4,700 jobs and $1.2 billion in investment. Last year, TVA said across the valley […]

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Posted in Business news, Community development, Economic development, Employment and jobs, Energy, National, Northeast Mississippi, Tennessee Valley Authority0 Comments

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TVA makes final payment to Congress’ on $1B investment

After more than 50 years, the Tennessee Valley Authority has paid off the original investment – with interest – from the U.S. Congress. More from TVA. We moved around parts of the press release higher up, deeming the details more important: The Tennessee Valley Authority has made the final scheduled payment on Congress’ original $1 billion investment […]

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Posted in Business news, Business newsmakers, Economic development, Energy, National, Northeast Mississippi, Tennessee Valley Authority0 Comments

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TVA to cut more than 2,000 jobs

The Tennessee Valley Authority is cutting some 2,000 jobs in an effort to cut costs by $500 million, according to the Chattanooga Times Free Press. Says the newspaper: In its biggest staff cuts in more than two decades, TVA is eliminating more than 2,000 jobs this year to pare expenses and make electric rates in […]

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Posted in Business news, Employment and jobs, Tennessee Valley Authority, Unemployment0 Comments

TVA to cut more than 10 percent of workers

TVA to cut more than 10 percent of workers

The Tennessee Valley Authority says 750 employees have retired or resigned through a voluntary incentive program, another 1,000 vacant positions are being eliminated and more cuts are on the way. The cuts, totaling more than 10 percent of TVA’s workforce, will be the largest staff reduction at the utility in more than 20 years. Cuts also […]

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Posted in Business news, Business newsmakers, National, Northeast Mississippi, Tennessee Valley Authority, Unemployment1 Comment

Tupelo participating in TVA Sustainable Communities Program

Tupelo has been accepted to participate in the Valley Sustainable Communities Program. This program, now in its second year, is sponsored by the Tennessee Valley Authority (TVA) and managed by Boyette Strategic Advisors (BSA).  The Valley Sustainable Communities Program was initiated by TVA Economic Development in 2013 as part of its community preparedness offerings. Sustainability […]

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Posted in Business news, Economic development, National, Northeast Mississippi, Tennessee Valley Authority, Tupelo0 Comments

TVA CEO takes economic development tour in Northeast Mississippi

One of the Tennessee Valley Authority’s main missions is economic development, and the utility company’s top executive is seeing first-hand what is happening across its footprint. “Our job is to help attract and keep bring businesses here, and I want to know why people come here,” said TVA chief executive officer Bill Johnson. “I’m interesting […]

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Posted in Business news, Community Development Foundation, Employment and jobs, Manufacturing, Mississippi Development Authority, Tennessee Valley Authority, Tupelo, Yokohama Tire0 Comments

TVA to mark 80th anniversary at Tupelo ceremony

The Tennessee Valley Authority is commemorating its 80th anniversary this year, and among the events the TVA is having will be in Tupelo next Friday.  Tupelo, the first city to receive TVA electricity – thus “The First TVA City” designation – ,will be host to TVA president and CEO Bill Johnson, TVA board member Richard […]

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Posted in Business news, National, Northeast Mississippi, Tennessee Valley Authority, Tupelo0 Comments

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