Tennessee was ranked the #4 for foreign direct investment (FDI) job commitments in 2014 according to the recently released 2015 Global Location Trends report. The annual report from the IBM Institute for Business Value measured the number of jobs created by foreign-owned companies in each state during the 2014 calendar year.September 2015
Tennessee ranked #4 overall in Area Development’s sixth annual Top States for Doing Business survey of site consultants. States were ranked based on their number of mentions by consultants in three overall categories, Business Environment, Labor Climate, and Infrastructure and Global Access, and 18 subcategories.
Overall Ranking: Tennessee #5
Cooperative State Government: Tennessee #3 (tie)
Most Favorable Regulatory Environment: Tennessee #3
Infrastructure & Global Access
Overall Ranking: Tennessee #1
Certified Sites/Shovel-Ready Program: Tennessee #1
Competitive Utility Rates: Tennessee #1
Energy Reliability / Smart Grid Deployment: Tennessee #2 (tie)
Highway Accessibility: Tennessee #3August 2015
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.