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Tennessee Resources Page
Inward Investment Guides

Location Notebook: Well-Connected Tennessee Innovating to Distribute Success

Steve Stackhouse-Kaelble (Q4 2015)
Tennessee ranks highly for its certified sites program as well as its transportation infrastructure, and the state is employing innovative strategies to address educational and other challenges. More

Georgia Once Again Leads the 2015 Top States for Doing Business

Mark Crawford (Q3 2015)
An attractive business environment, quality labor pool, and well developed infrastructure are among the shared advantages of those states ranked by the location consultants as the top choices for business. More

Location Notebook: TVA Hitching Its Wagon to the Auto Industry

Cynthia Kincaid , Kincaid Strategic Partners (Q3 2015)
TVA is driving to make automotive manufacturing the cornerstone of the region. More

2015 Gold & Silver Shovel Awards Recognizing Excellence in State Job Creation and Economic Development Efforts

Area Development Special Presentation (Q2 2015)
Area Development’s annual awards recognize individual states for their overall economic development effectiveness. This year, we honor 21 states for their achievements in 2014 in garnering investment and job creation with Texas, Georgia, Tennessee, South Carolina and Nevada awarded the Gold Shovel. More

Auto/Aero Firms Redrawing the Map

Dale D. Buss, Staff Editor,  (Q2 2015)
Strong sales in the auto industry and a rebounding aerospace sector are spurring new facility/expansion projects in legacy as well as new locations. More

How U.S. States are Targeting Foreign Direct Investment

Thomas J. Stringer, Esq., Managing Director & Practice Leader - Site Selection & Business Incentives, BDO Consulting (Location USA 2015)
State and regional economic development organizations are developing a variety of strategies to market their best assets, build relationships, and improve their business climates to attract FDI. More

The United States: A Growing Competitor for New Manufacturing Plants

Alexandra Segers, International Senior Account Executive/Program Manager, SSOE Group (Q1 2015)
As companies continue to review their global site selection options, they are realizing the strong, measurable advantages a U.S. location offers. These advantages can easily be overlooked if the location decision is based on limited information or preconceived notions. More

Assessing a Location’s Workforce

Keith Gendreau, Consulting Manager, Global Consulting Group, Cushman & Wakefield (Workforce Q1 2015)
Every labor market is unique. Evaluating a region’s labor suitability for a new or expanding operation should consider many factors beyond population size and unemployment rates. Understanding the interconnectivity of topics pertaining to competitive demand, pay practices, attrition, applicant flow/quality, geographic site positioning, union activity, benefit offerings, and training resources is important and will better inform a location commitment decision. More

TENNESSEE at a glance

POPULATION: 6,495,978 (2013) - US Census Bureau (2013)

LABOR FORCE: 3,070,456 (2013) - BLS Annual 2013 Seasonally Adjusted


KEY SECTORS: Aerospace & defense; automotive; chemicals , plastics &rubber; transportation, distribution, & logistics; energy technology; food and agribusiness; healthcare and medical devices; business services (HQs, R&D, datacenters, call centers); manufacturing; and entertainment and media

COLLEGE GRADUATES: (Age 25 and over) 24.8% (2013) - US Census Bureau ACS 1 Yr 2013

Sales and Use Tax: 7 percent state (food 5 percent) and 1.5–2.75 percent local

Property Tax: Local only; 2013 median rate per $100 of assessed value for counties was $2.31 - TN Comptroller of the Treasury

Excise Tax: 6.5 percent of Tennessee taxable income

Franchise Tax: $0.25 per $100 value of the greater of net worth or real and tangible property in Tennessee

FastTrack Infrastructure Development Program

FastTrack Job Training Assistance Program

FastTrack Economic Development Fund

Job Tax Credit

Enhanced Job Tax Credit

Industrial Machinery Tax Credit

Sales and Use Tax Exemptions

Export Assistance

Applicant Recruitment and Screening (Tennessee Department of Labor)

State Industrial Access Program (Tennessee Department of Transportation)

Principal Manufacturing industries

  • Transportation Equipment
  • Fabricated Metals
  • Food Products
  • Machinery
  • Chemicals
  • Rubber & Plastic Products
  • Other Manufacturing Industries
Source: EMSI