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The Tennessee Valley Authority is a government-owned corporation created by U.S. Code Title 16, Chapter 12A, the Tennessee Valley Authority Act of 1933.It was initially founded as an agency to provide general economic development to the region through power generation, flood control, navigation assistance, fertilizer manufacturing, and agricultural development.
Over the years, the company began focusing more and more on steel production. During the 1960s, the company refurbished its Lonsdale mill to produce rebar from recycled scrap steel. In 1987, the mill was purchased by the Florida Steel Corporation. [7] Commercial Metals Company, the mill's current owner, still uses the mill to manufacture rebar.
Norris Dam, a hydroelectric dam operated by the Tennessee Valley Authority that was among the first projects the TVA performed as part of the New Deal in 1933 [59] Tennessee's electric utilities are regulated monopolies, as in many other states. [60] [61] As of 2020, the Tennessee Valley Authority owned over 90% of the state's generating ...
Hardin Valley is a suburban unincorporated community in west Knox County, Tennessee, United States. It is about 15.5 miles (24.9 km) west of downtown Knoxville . History
Norris is a city in Anderson County, Tennessee.Its population was 1,599 at the 2020 census.It is included in the Knoxville, TN Metropolitan Statistical Area.. Norris was built as a model planned community by the Tennessee Valley Authority (TVA) in 1933 to house workers building Norris Dam on the Clinch River.
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