Archive | Tennessee Valley Authority

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

TVA hits record-breaking winter demand

The Tennessee Valley Authority met a record-breaking winter demand for electricity Friday morning with an estimated 33,345 megawatts when the average temperature across the region hovered at 7 degrees. It’s  TVA’s highest demand for electricity since the summer of 2007 and third-highest in TVA history. The previous winter record was 32,572 megawatts set on Jan. […]

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Posted in Business news, National, Northeast Mississippi, Tennessee Valley Authority0 Comments

$200M investment bringing 200 jobs to Tishomingo County

A groundbreaking ceremony was held this morning a few miles from the actual site of where Mississippi Silicon will be building its $200 million state-of-the-art silicon metals plant. Officials earlier this month  announced the company’s plans to build the facility. The project will bring 200 high-paying jobs, officials said – about $55,000  in salary and benefits […]

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Posted in Business news, Economic development, International, Manufacturing, National, New business, Northeast Mississippi, Technology, Tennessee Valley Authority0 Comments

TVA hits record for single-day electricity use

The Tennessee Valley Authority said it hit a single-day record for electricity use as users cranked up their thermostats to keep warm this week. The TVA said homes and businesses across its seven-state region used 703 gigawatt-hours of electricity on Tuesday, the most ever for a 24-hour, one-day period. TVA’s previous record was 701 gigawatt-hours […]

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Posted in Business news, National, Northeast Mississippi, Tennessee Valley Authority1 Comment

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