Business Facilities ranked Tennessee the No. 1 state in the nation in both Automotive Manufacturing Strength and Education: Tech Skills Leaders according to the magazine’s 11th Annual Rankings Report. Tennessee was also ranked No. 2 Best Business Climate, No. 2 Best Infrastructure, No. 4 Workforce Training Leaders, and No. 7 Automotive Employment Leaders.
Tennessee has ranked No. 1 for Automotive Manufacturing Strength for an unprecedented five times in the past six years, and the Volunteer State also ranked No. 1 for Education in 2014.June 2015
Tennessee was named recipient of Area Development's 2015 Gold Shovel Awards in recognition of projects undertaken in 2014, which created a significant number of high-value-added new jobs as well as investment. The Volunteer State last received Gold Shovel awards in 2012 and 2009 and Silver Shovel awards in 2011 and 2010.May 2015
Tennessee was named the “Fourth Best State in the Country for Business" by Chief Executive magazine on its 2015 Best & Worst States for Business list. The 11th annual survey of CEOs graded states on measures that included tax and regulatory regime, quality of the workforce and quality of life.
In the May 2015 issue of Site Selection magazine, the Volkswagen Chattanooga expansion was named a Top North American Deal of 2014, with an investment by the company of $600 million and the creation of more than 2,000 jobs. The Top Deals were determined by level of capital investment, degree of high-value jobs, regional economic impact, competition for the project and speed to market.
In the same issue of Site Selection magazine, Tennessee was named the fourth most competitive state in the U.S. for economic development.