Oak Ridge Today

Tennessee again named economic development ‘State of the Year’

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Governor Bill Haslam

Bill Haslam

Tennessee first state to win award in back-to-back years

NASHVILLE—Tennessee Governor Bill Haslam announced Monday that Business Facilities, a leading national publication focused on site selection and economic development, has named Tennessee its 2014 State of the Year for a second consecutive year.

Tennessee becomes the first state in the award’s history to win back-to-back honors for economic development efforts and the first state to win the designation three times, winning in 2014, 2013, and 2009, a press release said.

“It is an honor to be the first state to receive this recognition two years in a row,” Haslam said. “We have a great story to tell in Tennessee. Businesses continue to make the decision to locate, expand and grow here, and we are grateful for those strong partnerships. We will continue doing all we can to make sure we offer an attractive business climate and skilled workforce to be the number one location in the Southeast for high quality jobs.” [Read more…]

Tennessee named ‘2013 State of the Year’ for economic development

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Governor Bill Haslam

Bill Haslam

Business Facilities magazine cites diverse top projects in award

NASHVILLE—Tennessee is the “2013 State of the Year,” according to Business Facilities magazine, a national economic development publication.

Tennessee’s top five economic development projects created a total of 6,900 jobs and $3.2 billion in capital investment, and they included seven expansions and three new recruitments. The magazine picked the state after evaluating the top five projects for the number of jobs created and amount of capital invested from Oct. 1, 2012, through Oct. 31, 2013.

“A lot of hard work goes into keeping Tennessee competitive, and I want to thank Business Facilities for recognizing the efforts of so many people across the state,” Gov. Bill Haslam said. “We understand that jobs are created when someone is willing to risk capital, and we will continue working to make Tennessee a great place to invest.” [Read more…]