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Home > U.S. Domestic Atlas > Tennessee

 

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Welcome to Tennessee on Business Facilities Online

 

TENNESSEE Fast Facts

• Population (2006): 6,038,803
• Largest Cities (2006): Memphis, 670,902; Nashville-Davidson, 552,120; Knoxville, 182,337; Chattanooga, 155,190; Clarksville, 113,175
• Targeted Industries: automotive, pharmaceutical/biotech, distribution, healthcare, call center/telecommunications, nanotech, international, plastics/chemicals , manufacturing, headquarter operations, transportation and logistics

• Key Incentives: Small Business Energy Loan Program, Corporate Excise Tax, Franchise Tax, Fast Track Industrial Infrastructure Program, Jobs Tax Credit

TENNESSEE State Incentives

The Jobs Package Initiative allows the state to invest in preparing the current workforce for future jobs through training and/or retraining programs. Additionally, this incentive provides upgrade training of companies' existing employees to support expansions, new product lines, new manufacturing processes, etc.

The Fast Track Industrial Infrastructure Program provides grants to local government entities for the benefit of relocating or expanding industries, and was recently expanded to include significant technological improvements including digital switches, fiber optic cabling, or other technological improvements.

The Sunset Provision for the Jobs Tax Credit was extended from January 1, 2008 to January 1, 2011. It includes new high-skill, high-wage jobs in high-technology areas, emerging occupations, and skilled manufacturing. The statute was amended to allow taxpayers who qualify for the increased jobs tax credit in connection with an investment of $500 million to receive the credit on an annual basis for each tax year (up to a maximum of 10 years) in which the jobs remain filled at wages equal to or greater than 150% of the state's average industrial wage.

The Qualified Headquarters Facility Relocation Expense Credit is a franchise and excise tax credit equal to the amount of qualified relocation expenses incurred by a taxpayer in connection with the establishment of a headquarters facility. The credit is available if the taxpayer is eligible for the sales and use tax headquarters facility credit, and qualifies for the franchise and excise tax job tax credit in connection with a required capital investment in excess of $1 billion. The total relocation expense credit allowed can't exceed $50,000 multiplied by the number of employee positions relocated to the facility during the investment period.

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Tennessee State Resources

 

REGIONAL CONTACTS

 

West Tennessee Industrial Association
Mike Philpot
Executive Director
26 Conrad Drive
Jackson, TN, 38305
Tel: 731-668-4300
email: mphilpot@wtia.org
Web: www.Dealready.com
Working with its economic development allies, the association’s primary purpose is to generate and retain businesses and industries that create wealth and economic prosperity for the West Tennessee region.

 

COUNTY CONTACTS

 

Johnson City/Jonesborough/Washington County Economic Development Board
P. C. Snapp
Executive Director
603 E. Market St. #200
Johnson City, TN, 37601-0200
Tel: 423-975-2380 2384
email: pcsnapp@jcedb.org
Web: www.jcedb.org
Please contact us for more information regarding sites and incentives as well as general data such as demographics, labor force, quality of life, etc.

 

STATE CONTACTS
(scroll - to view all listings)

Belz Enterprises
Morris Thomas
Vice President
100 Peabody Place, Suite 1400
Memphis, TN, 38103
Tel: 901-260-7300
Web: www.belz.com

Tennessee Department of Economic & Community Development
Matt Kisber
Commissioner
312 8th Avenue North, 11th Floor
Nashville, TN, 37243
Tel: 615-741-1888
Web: www.state.tn.us/ecd/



UTILITIES

Bristol Tennessee Electric System
April L. Eads, CEcD
Business Development Manager
2470 Volunteer Parkway, P.O. Box 549
Bristol, TN, 37621
Tel: 423-793-5532
Web:



REGIONAL CONTACTS

Clinch-Powell Rural Enterprise Community
Lindy Turner
Coordinator
P.O. Box 379
Rutledge, TN, 37861
Tel: 865-828-5927
Web: www.clinchpowell.net

East Tennessee Economic Development Agency
Brad Maul
Director of Business Development
10215 Technology Drive, Suite 202
Knoxville, TN, 37932
Tel: 865-777-3833
Web: www.eteda.org

Oak Ridge Economic Partnership
Kim K. Denton
President
1400 Oak Ridge Turnpike
Oak Ridge, TN, 37830
Tel: 865-483-1321
Web: www.orcc.org

Southwest Tennessee Dev. District
Joe Barker
Executive Director
27 Conrad Drive, Suite 150
Jackson, TN, 38305
Tel: 731-668-7112
Web: www.swtdd.org

The Chattanooga Area Chamber of Commerce
Steve Hiatt
Director of Existing Business Development
811 Broad St.
Chattanooga, TN, 37402
Tel: 423-763-4333
Web: www.chattanooga-chamber.com

The Regional Alliance for Economic Development
W. Andrew Burke
President/CEO
P. O. Box 1119
Blountville, TN, 37617
Tel: 423-323-8102
Web: www.alliancetnva.com

West Tennessee Industrial Association
Mike Philpot
Executive Director
26 Conrad Drive
Jackson, TN, 38305
Tel: 731-668-4300
Web: www.Dealready.com



COUNTY CONTACTS

Forward Sumner Economic Council
Johnny Hayes
Interim President & CEO
P.O. Box 1071
Hendersonville, TN, 37077-1071
Tel: 615-822-7610
Web: www.forwardsumner.org

Greene County Partnership
Randy Harrell
President
115 Academy Street
Greeneville, TN, 37743-5601
Tel: 423- 638-4111
Web: www.greenecountypartnership.com

JC/J/WC Economic Development Board
P. C. Snapp
Executive Director
603 E. Market St. #200
Johnson City, TN, 37601-0200
Tel: 423-975-2380 2384
Web: www.jcedb.org

Johnson City/Jonesborough/Washington County Economic Development Board
P. C. Snapp
Executive Director
603 E. Market St. #200
Johnson City, TN, 37601-0200
Tel: 423-975-2380 2384
Web: www.jcedb.org

McMinn County Economic Development Authority
Jack A. Hammontree, CEcD
Executive Vice President
P.O. Box 767
Athens, TN, 37371
Tel: 423-745-1506
Web: www.mcminncoeda.org

Newport/Cocke County Economic Development Commission
Sherry Butler
Acting Executive Director
433 Prospect Avenue
Newport, TN, 37821-3544
Tel: 423-623-3008
Web: www.edcncc.com

Obion County Joint Economic Development Council
Jim Cooper
Executive Director
214 East Church Street
Union City, TN, 38261
Tel: 731-885-0211
Web: www.obioncounty.org

Rutherford County Chamber of Commerce
Holly E. Sears
Director, Economic Development
501 Memorial Boulevard
Murfreesboro, TN, 37129
Tel: 615-893-6565
Web: www.rutherfordchamber.org

Sullivan County Economic Development Commission
Richard S. Venable
CEO
P.O. Box 1157
Blountville, TN, 37617
Tel: 423-279-7681
Web: www.networkstn.com

The Development Corporation of Knox County
Todd Napier
Vice President
17 Market Square, #201
Knoxville, TN, 37902-1405
Tel: 865-546-5887
Web: www.knoxdevelopment.org

Williamson County Economic Development Council
Lauri Noblit
Marketing
389-A Nichol Mill Lane, Suite 101
Franklin, TN, 37067
Tel: 615-261-2880
Web: www.williamsoncounty-tn.gov

Wilson County Economic Development Board
G.C. Hixson
Executive Director
115 North Castle Heights Avenue ste 102
Lebanon, TN, 37087
Tel: 615-443-1210
Web: www.doingbiz.org



CITY CONTACTS

Bartlett

City of Bartlett Economic Development
Terry Emerick
Director
6400 Stage Road, P.O. Box 341148
Bartlett, TN, 38184-1148
Tel: 901-385-6417
Web: www.cityofbartlett.org

Clarksville

Clarksville/Montgomery County Economic Development Council
James Chavez
President and CEO
25 Jefferson Street, Suite 300
Clarksville, TN, 37041
Tel: 931-551-4313 256
Web: www.clarksville.tn.us

Collierville

Collierville Chamber of Commerce
Michael Green
Chairman
485 Halle Park Drive
Collierville, TN, 38017
Tel: 901-853-1949
Web: www.colliervillechamber.com

Columbia

Maury Alliance
Frank M. Tamberrino
President and CEO
P.O. Box 1076
Columbia, TN, 38402-1076
Tel: 931-388-2155
Web: www.mauryalliance.com

Dyersburg

Dyersburg/Dyer County Chamber
Allen Hester
President and CEO
2000 Commerce Avenue
Dyersburg, TN, 38024
Tel: 731-285-3433
Web: www.dyerchamber.com

Knoxville

City of Knoxville Community Development
Madeline Rogero
Director of Community Development
City County Building, 400 Main Street
Knoxville, TN, 37902-1405
Tel: 865-215-2865
Web: www.cityofknoxville.org

Knoxville Area Chamber Partnership
Doug Lawyer
Director of Economic Development
17 Market Square, #201
Knoxville, TN, 37902-1405
Tel: 865-637-4550
Web: www.knoxvillechamber.com

Mcminnville

McMinnville-Warren County Industrial Development Board
Jeff McCormick
Executive Director
110 S. Court Square
Mcminnville, TN, 37110
Tel: 931-474-4769
Web: www.warrentnedb.com

Memphis

Memphis Regional Chamber
Mark Herbison
Senior VP, Economic Development
22 North Front Street, 2nd Floor
Memphis, TN, 38103
Tel: 901-543-3500 or 901-543-3516
Web: www.memphischamber.com

Memphis Urban Renewal Community
Virginia Wilson
Director
City of Memphis,Office of Intergovernmental Relations, 125 N. Main St., Room 336
Memphis, TN, 38103
Tel: 901-576-6457
Web:

Morristown

Morristown Area Chamber of Commerce
C. Thomas Robinson, CCE, CEcD
President & CEO
P.O. Box 9
Morristown, TN, 37815-0009
Tel: 423-586-6382
Web: www.morristownchamber.com

Nashville

Nashville Area Chamber of Commerce
Janet Miller
Chief Economic Development Officer
211 Commerce Street, Suite 100
Nashville, TN, 37201
Tel: 615-743-3000
Web: www.nashvillechamber.com

Pulaski

Pulaski-Giles County Economic Development Commission
Dan Speer
Executive Director
P.O. Box 633, 203 South First Street
Pulaski, TN, 38478-0633
Tel: 931-363-9138
Web: www.gilescountyedc.com

 

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