East Tennessee Economic Development Agency

Regional Advantages

Business Clusters   |   Automotive   |   Marine Manufacturing   |   Corporate Office/Shared Services   |   Technology  

Distribution

The East Tennessee region provides an exceptional location for distribution and warehousing with an excellent transportation infrastructure, a growing and trainable workforce, a pro-business climate and favorable operating costs.

  • Within a day's drive of 70% of U.S. markets
  • Three interstate highways connect in the region, I-40, I-75 & I-81
  • Served by CSX and Norfolk Southern Railroads
  • Barge service on the Tennessee-Tombigbee Waterway System
  • Regional  airport  with an up- to- date Cargo Freight Complex

Workforce   

  • Fastest growing metro area in the State of Tennessee
  • Flexible, growing regional workforce of 560,000, 60,000 in manufacturing, with labor costs 8% below the U.S. average  (TN Dept of Labor, June 2008)
  • University of Tennessee's supply chain management and logistics program ranked 8th in the nation
  • Network of community colleges, technology centers, and careers centers to meet  local employers' training, screening and hiring needs
  • Competitive Workers Compensation rates
  • Customized workforce training
  • Right to work state

Accessibility  

  • Within a day's drive of 70% of the US population
  • Located at the juncture three major interstates, I-40, I-75, and I-81
  • Rail service by Norfolk Southern, CSX, and local short-line railroads
  • Barge service on the Tennessee- Tombigbee Waterway System
  • Regional airport offers more than 120 flights daily to 19 major U.S. destinations
  • US Customs Port of Entry and Foreign Trade Zone designation

Competitive Business Climate  

  • Attractive state, local, and utility incentives for new job creation and capital investment
  • State taxes ranking among the nation's lowest
  • No state property tax
  • Competitive corporate taxes
  • Available targeted jobs tax credit
  • Pro-business environment
  • Favorable business tax climate consistently in the top 1/3 of U.S. states
  • Competitive gas, water, and sewer rates  
  • Electricity generated by the Tennessee Valley Authority at rates 26% below the U.S. industrial average.
  • Electricity reliability at 99.999% for past 6 years
  • Building costs 21% below the national average (RSMeans Construction Index 2008)
  • Competitive lease rates
  • Right to work state

Quality of life

  • Cost of living 9% below national average (ACCRA  2nd qtr 2008)
  • No state personal income tax
  • Tennessee ranked 3rd best among states in overall personal tax burden  (Tax Foundation, 2007 )
  • Housing costs 20% below national average
  • Healthcare costs 9.7% below the national average
  • Main campus of the University of Tennessee, 8 four-year colleges and 4 two-year colleges
  • National award-winning school districts
  • Spectacular natural beauty
  • The Great Smoky Mountains, the nation's most visited national park
  • Seven area lakes, three whitewater rafting rivers, and numerous golf courses
  • Two symphonies, an opera company, 3 ballet companies and a fine arts museum
  • Nationally acclaimed zoo
  • World-class aquarium
  • 3rd Best Place in the U.S. to Live and Boat (Boating Life Magazine, 2007)

 

Distribution   
CompanyTotal EmployeesProductsCounty
Home Shopping Network2,006JewelryKnox
I J Corporation483Wholesale groceriesBlount
Con-Agra466Food ProductsCocke
Anderson News412PublicationsKnox
HT Hackney386Wholesale groceriesRoane
U.S. Food Service315Wholesale groceriesBlount
Sysco300Wholesale groceriesKnox
Food Lion250Wholesale groceriesAnderson
Wyeth Pharmaceuticals195Wholesale PharmaceuticalsMonroe
American Honda165Automotive PartsLoudon
CVS Distribution156PharmaceuticalsLoudon
Advance Auto Parts120Automotive PartsAnderson
Total Logistics Controls88Wholesale groceriesMonroe
Frito-Lay Inc.75SnacksKnox
Delta Apparel60ClothingAnderson
Lowe's 38Distribution-retail productsMonroe

Knoxville Oak Ridge Innovation Valley

Simply select Add to PDF at the top
of each page. When finished, click Create PDF below.

Optimized for Acrobat Reader 7+

(click a page to remove it)


PDF Filename: