Tennessee dominates in ranking
Posted: Tuesday, July 24, 2012 7:00 pm
Tennessee has been named the No. 1 state in the nation for automotive manufacturing strength for an unprecedented third consecutive year, according to Business Facilities magazine.
The magazine, a national economic development publication, has issued its annual 2012 state rankings report listing Tennessee as the top state in the country for automotive manufacturing strength.
Tennessee earned an additional seven Top 10 honors for economic growth potential, job growth, business and education climate, transportation infrastructure, data center hubs and Race to the Top.
“Our strategic focus on the automotive sector has yielded a substantial return for Tennessee and created a magnet for growth, as Tennessee’s many strategic advantages make our state the most compelling location for business expansions and relocations in the U.S.,” state Commissioner of Economic and Community Development Bill Hagerty said.
“For an unprecedented third consecutive year, Tennessee has taken the crown as the top state in Business Facilities’ Automotive Manufacturing Strength Ranking,” Business Facilities editor-in-chief Jack Rogers said.
“Fueled by a national revival in the auto sector, Tennessee’s assembly lines and supplier networks continue to get bigger and better. VW is ramping up production at its new plant in Chattanooga, Nissan is rolling out the all-electric Leaf in Smyrna and General Motors has given a new mission to the former Saturn plant in Spring Hill. The Volunteer State is putting the pedal to the metal as our undisputed automotive king,” he added.
The additional seven Top 10 honors in the 2012 Rankings Report include: third for Race to the Top, fourth for emerging data center hubs, fifth for best transportation infrastructure, eighth for economic growth potential, eighth for best business climate, ninth for job growth leaders and 10th for best education climate.
Business Facilities magazine, Tennessee