Gov. Bill Haslam
Tennessee Gov. Bill Haslam on Monday announced 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.
Some of Tennessee’s top economic development projects in 2014 included Volkswagen Group of America’s Chattanooga expansion creating 2,000 jobs with an investment of $600 million, Under Armour’s new Mount Juliet fulfillment center creating 1,500 jobs with an investment of more than $100 million, SL Tennessee’s Clinton expansion creating 1,000 jobs with an $80.5 million investment and Conduit Global’s new Memphis call center creating 1,000 jobs with an $8 million investment.
The magazine cited Tennessee’s successful execution of a diversified growth strategy, as well as an emphasis on infrastructure and education, as key factors in securing consecutive victories.
For more information on the State of the Year competition and Business Facilities, please visit BusinessFacilities.com.
