Jamie Stitt

Assistant Commissioner, Business and Workforce Development

Tennessee Department of Economic and Community Development
312 Rosa L. Parks Ave., Nashville, TN 37243
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International Business

We Proudly Serve the World.

We’ve created an environment unbound by state borders. No other state is more competitive in recruiting foreign direct investment or in exporting products enjoyed the world over. We’ve established resources that make Tennessee accessible to any international market.

We’re in it for the long term. By investing in a broader international footprint, we’ve ensured that Tennessee is firmly entrenched in the new global economy.

The Volunteer State is home to 1,000+ foreign-based businesses that have invested over $40.9 billion in capital and employ more than 156,000 Tennesseans. Tennessee continues to proactively identify and recruit new foreign direct investment (FDI) to the state alongside efforts to increase Tennessee exports. Our state has offices courting foreign direct investment in Japan, South Korea, Ireland, Spain, Austria, Germany, Switzerland, Italy, the United Kingdom, Belgium, Luxembourg and the Netherlands. We work closely with our federal partners to promote exports, which totaled more than $28.1 billion in 2020. This investment demonstrates Tennessee’s commitment to competing globally for business and jobs, which is not something that most states can claim.

In 2021, the Tennessee Department of Economic and Community Development received 33 project commitments from foreign-owned businesses, resulting in 4,889 job commitments and $892 million in capital investment. These major foreign projects included French-owned Capgemini America Inc. (500 new jobs, $20.1 million in capital investment), Danish-owned Hydro-Gear Limited Partnership (375 new jobs, $10 million in capital investment), and Japanese-owned NTT DATA Services, LLC (350 new jobs, $9.9 million in capital investment).

We believe in high expectations, low debt and a pro-business regulatory environment. Tennessee is proud to be a right-to-work state with no personal income tax Our state and local tax burdens are some of the lowest in the country. We have the lowest debt per capita among U.S. states and Tennessee’s budget operates with a healthy surplus.

Quick Facts

1000+

Foreign-based establishments in Tennessee

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156K+

Tennesseans employed by foreign-based establishments

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$40+

Billion in capital invested in Tennessee by foreign-based establishments

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#2

In the U.S. for FDI job creation (2018)

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  • Top Exported Products
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    Commodity20162017201820192020
    Medical Equipment & Supplies$3,335,705,958$3,434,417,731$3,343,995,180$3,927,184,139$4,042,074,688
    Navigational/Measuring/Medical/Control Instrument$1,870,780,557$1,943,251,460$2,103,254,745$2,131,034,028$2,096,826,510
    Basic Chemicals$1,784,849,534$1,942,827,949$2,010,086,473$1,894,161,418$1,704,787,532
    Motor Vehicles$2,646,528,235$2,888,117,631$2,896,899,661$2,571,331,099$1,679,140,468
    Motor Vehicle Parts $2,970,424,583$2,712,287,264$2,366,294,096$1,999,429,815$1,452,679,978
    Resin, Syn Rubber, Artificial & Syn Fibers/filaments $1,500,300,318$1,486,351,236$1,478,223,332$1,503,316,671$1,334,533,974
    Communications Equipment$896,082,549$951,082,429$845,466,347$722,781,370$1,161,329,161
    Pharmaceuticals & Medicines$530,470,726$599,493,689$701,744,702$875,398,909$965,561,899
    Aerospace Products & Parts$1,206,419,845$1,589,098,057$1,464,811,967$1,039,008,374$887,662,870
    Computer Equipment$1,825,404,446$1,914,670,404$1,103,211,163$1,137,944,052$883,570,185
  • Top Countries for Tennessee FDI

    Data current as of December 2021.

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    Foreign Country# of EstablishmentsTotal EmploymentCapital Investment
    Japan20052,339$19,575,932,774
    Germany13120,486$6,618,600,398
    United Kingdom11512,157$1,697,625,773
    Canada818,390$3,272,692,288
    France7911,390$984,079,797
    Ireland678,026$136,181,108
    Netherlands494,746$244,766,574
    Switzerland465,214$1,152,654,904
    China376,033$600,038,289
    Italy373,027$977,763,279

We chose Nashville, Tennessee, for its pro-business environment, its talented workforce and its welcoming spirit.

- Frank Chen, President and CEO, Sinomax USA
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WE’VE ENSURED THAT TENNESSEE
IS FIRMLY ENTRENCHED IN THE NEW GLOBAL ECONOMY.

Tennessee continues to proactively identify and recruit new foreign direct investment (FDI) to the state alongside efforts to increase Tennessee exports. Our state has offices courting foreign direct investment in Japan, South Korea, Ireland, Austria, Germany, Switzerland, Italy, and the United Kingdom. We work closely with our federal partners to promote exports.

International Quick Facts

$40.9+

Billion in capital invested in Tennessee by foreign-based establishments

#2

In the U.S. for FDI job creation

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