High-Tech Heats up Tennessee
Learn more about the projects, programs, and incentives that make technology thrive, in exclusive conversations with Matt Kisber, Commissioner, Tennessee Department of Economic and Community Development.
Southern Tech Sites 2008
A. Tennessee's diverse range of technology runs the gamut from new energy fuels to drug discoveries to pediatric cancer research and transportation logistics. However, we are involved on a larger scale as well. Governor Bredesen chairs the Southern Technology Council, part of the Southern Growth Policies Board, to discuss renewable energy with the entire Southeast and create a common marketplace so that all of the council's states understand the opportunities and use the same terminology. We are working collaboratively to assure that the infrastructure and the market needs are being met in a common marketplace approach.
Q. What niches are growing in the state?
A. Governor Phil Bredesen has invested heavily in the past year in second generation biofuels, partnering with University of Tennessee, Oakridge National Laboratory, and the state to focus on producing second-generation cellulosic ethanol from switch grass. In today's environment of high fuel costs, eliminating any steps from a manufacturer to a consumer translates to savings on both sides.
We are a distribution hub, in the center of 75-percent of the nation's population. The FedEx Institute and its research centers explore processes to increase efficiency of the distribution of goods. In Chattanooga, the SimCenter, one of the most advanced simulation centers in the country, models vehicle movements and aerodynamic flows and utilizes the large supercomputers at Oak Ridge. Along with trucking companies, they are working to modify equipment for improved fuel efficiency and to lower distribution costs. The University of Tennessee's Institute for Supply Management works directly with companies to design initiatives to lower the costs of supply chain activities.
Tennessee is the center of the for-profit healthcare world, with more publicly traded healthcare companies headquartered here than any other place in the United States. Between Vanderbilt University, which has one of the leading pharmacology departments in the country, Oak Ridge National Laboratory, and St. Jude's Children's Research Hospital in Memphis, we have a very strong infrastructure and are discussing how to implement their research and grow the biotech pharmaceutical industry. Because of FedEx, we have almost every major pharmaceutical company with a distribution facility in or around the Memphis area, but we want to increase intellectual property and value-added activities.
Project Announcements
GE Appliances Expands Jefferson County, Kentucky, Operations
06/30/2025
ValorFlex Packaging Plans Bowling Green, Kentucky, Production Operations
06/30/2025
Neuro.io Plans Terrebonne Parish, Louisiana, Operations
06/30/2025
Germany-Based MTU Maintenance Expands Fort Worth, Texas, MRO Operations
06/30/2025
Cascade Die Casting Group Expands High Point, North Carolina, Manufacturing Operations
06/30/2025
BuildOps Plans Raleigh, North Carolina, Operations
06/30/2025
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
From Silicon to Server: Mapping the Data Center Supply Chain
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
Rethinking Life Sciences Site Selection in a Resilient and Dynamic Market
Q2 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024