Industry mag names Tennessee 'State of the Year'

Evaluating the number of jobs created and the amount of capital invested in a 13-month span, Business Facilities magazine gave the top recognition to Tennessee this year. Here's a breakdown of the projects they based their decision on, from the Haslam administration:

The top economic development projects for number of jobs created and amount of capital invested from Oct. 1, 2012, – Oct. 31, 2013, include the following.

Top Five Projects for Jobs

· Hankook Tire Co., Ltd (Montgomery County): 1,800 jobs

· ARAMARK (Davidson County): 1,500 jobs

· Nissan North America, Inc. (Rutherford County): 1,400 jobs

· Calsonic Kansei North America, Inc. (Bedford, Marshall and Rutherford counties): 1,200 jobs

· UBS (Davidson County): 1,000 jobs

Top Five Projects for Capital Investment

· Eastman Chemical Company (Sullivan County): $1.6 billion

· Hankook Tire Co., Ltd (Montgomery County): $800 million

· International Paper Company (Shelby County): $321 million

· Nike, Inc. (Shelby County): $276 million

· Alcoa, Inc. (Blount County): $275 million

Jan 14, 2014 11:05 AM

Bloomberg: Chattanooga favored over Mexico for VW SUV plant

Volkwagen CEO Martin Winterkorn today said the auto maker will plow another $7 billion into its North American operations between now and the end of 2018 to reach its goal of selling 1 million cars annually here. Key to that plan is the introduction of a mid-sized SUV that will be built on this continent and Bloomberg's Christoph Rauwald reports that insiders are leaning toward expanding their Chattanooga operations rather than build that car in Mexico.

Jan 13, 2014 12:58 PM

We're moving up on the moving charts

Feel like you're meeting even more new Nashvillians than ever before? It might be because Allied Van Lines says Tennessee this year moved up seven spots in its ranking of states attracting the most migrants. We're now 12th.

Dec 31, 2013 8:37 AM

Chamber hires two to serve as policy VPs

Execs coming from SCORE, Vanderbilt
Dec 18, 2013 7:00 AM

Almost 400 new jobs coming to GM Spring Hill

United Auto Workers members in Spring Hill last week voted to approve with General Motors a new contract that will bring another 384 jobs here. The new positions cover a variety of work and are on top of the 1,800 people GM said this summer it planned to hire locally. The agreement — see the highlights here — also sets the stage for Spring Hill to receive two new "core products" — and presumably, some more jobs — in the near future. Local 1853 Shop Chairman Mike Herron tells Chambers Williams there's no way to tell when that will be and that it will happen "when the company decides the timing is right."

Dec 12, 2013 7:14 AM

Transportation finance company moving HQ here

Bibby division to join sister entity already based on Murfreesboro Road
Dec 9, 2013 2:45 PM

A first look at the plans for the convention center site

Team led by Cornerstone, Emery envisions $230M project featuring office tower
Dec 4, 2013 5:01 PM

Who wants to fly direct to the Bay Area?

Growing weary of the trips to the West Coast and back, local entrepreneur Nick Holland has started a campaign to gauge how much support there is for a direct flight connecting Nashville International Airport to the Bay Area. Holland is spending a lot of time in Silicon Valley to build up his microsite publishing tool under the umbrella of the 500 Startups incubator. So it's fitting that he's using a POP to push for the direct air connection. You can pledge your support for the cause here.

Dec 4, 2013 10:16 AM

Global cosmetics firm bringing 450 jobs to the 'Boro

$38M plant investment consolidating Lewisburg, NJ locations, will open in 2015
Nov 13, 2013 11:08 AM

Audit finds problems in oversight of Jobs Tax Credits program

Department of Revenue can't document if businesses meet requirements for tax credits
Nov 12, 2013 1:35 PM