Assistant Commissioner, Business and Workforce Development
In other words, you need to be in Tennessee.
In Tennessee, we make world-class cars, guns and guitars. We make batteries, refrigerators, savory snacks and legendary whiskey. While other states gave up on their manufacturing workforce a long time ago, we never stopped making products used all over the world.
We have learned that “Made in Tennessee” means something special in the global business community. We’re recognized around the world for the high quality of our craftsmanship and the artisan strength of our workforce, the honest, hardworking people of Tennessee.
We believe so strongly in the strength of our workforce that we’re making groundbreaking investments in education to make that workforce even stronger. With a deep commitment to educational programs aligned with business needs—and the funding to back up that commitment—Tennessee knows how to make things that last.
It’s no accident that some of the biggest and most respected brands in the world have chosen to call Tennessee home. Companies who come to Tennessee are not just looking for a place to do business—they’re looking for a home. That’s why we make the world’s best whiskeys, Duracell batteries, GE refrigerators and La-Z-Boy recliners.It’s why we make the M&Ms to put on top of our kids’ ice cream sundaes.
Our reputation for the quality of our work and the quality of the Tennessee lifestyle means we make cars for Nissan, General Motors and Volkswagen and car parts for Bridgestone, Hankook and Denso Manufacturing. It’s why we make guns for Barrett and Beretta USA, and appliances for Whirlpool. It’s why the U.S. defense industry comes to us. It’s why the big brands call on us—and why they stay.
Companies, investors, shareholders and executives choose Tennessee for our sound fiscal management and significant new investments in our economic ecosystem. Tennessee’s budgetary discipline has allowed us to make meaningful investments in public education, workforce development and our international business reach.
Reasons to select Tennessee’s business-friendly environment:
Lowest state and local taxes paid per capita – Tax Foundation
Top State for Business – CNBC, 2023
Bond rating by Moody’s, S&P and Fitch
Personal income tax
State with low union participation
The general obligation bonds of the state are currently rated as follows:
Moody's | Aaa |
Standard & Poor's | AAA |
Fitch | AAA |
Source: Tennessee Comptroller of the Treasury
The commercial paper of the state is currently rated as follows:
Moody's | P-1 |
Standard & Poor's | A-1+ |
Source: Tennessee Comptroller of the Treasury
Read up on all the details of the Business Climate of Tennessee.