Southern Business and Development magazine’s annual "Top Deals and Hot Markets" rankings have been released, and Tennessee is at the top of the list. The Volunteer State, alongside Louisiana, has been named the Co-State of the Year for the second year in a row.
“I am pleased that Tennessee has received this recognition for our success in economic development,” said Governor Phil Bredesen. “We’ve worked hard to bring better paying, high skilled jobs to Tennessee, and this award reflects the success of our efforts.”
To determine these rankings, SB&D considers only companies making public commitments of 200 jobs or more, or $30 million in capital investment.
“Despite the economic downturn, Tennessee welcomed more than 21,000 new jobs and almost $6 billion in new capital investments in 2009,” said Matt Kisber, commissioner of the Tennessee Department of Economic and Community Development. “It is rewarding to see Tennessee acknowledged for our economic development wins in light of what Southern Business and Development recognizes as a challenging time.”
For more information, see the full press release here
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