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  • Chamber's Economic Development Efforts Receive National Recognition Again

    by Courtney Ross | May 10, 2016

    Site Selection magazine, a national publication for economic development professionals, has again lauded our Chamber's economic development team with their highest honor.

    Though this is the fourth time the Chamber has received this accolade from Site Selection, this year the magazine has renamed the award (formerly known as Top Groups) as the Mac Conway Award for Excellence in Economic Development after their founder, McKinley “Mac” Conway. To determine which economic development groups receive the award, the publication uses objective criteria such as the total number of jobs created, total amount of investment, per capita investment and jobs created in the region, as well as subjectively examining how economic development organizations are addressing community issues. Middle Tennessee's record-breaking job creation in 2015 helped cement the Chamber's spot on this list, with Nissan North America and Community Health Systems making major commitments to expand their existing operations in Middle Tennessee.

    To be named one of the top economic development agencies in the U.S. among thousands of our peers is a tremendous honor, and I am so proud of everyone on our team whose hard work contributes to our many successes.

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  • Three Major Employers to Create More Than 1,100 New Jobs in Middle Tennessee

    by Courtney Ross | Apr 28, 2016
    Effective work across county lines is the underpinning of the Chamber's regional economic development initiative, Partnership 2020. The leaders who formed Partnership in 1990 knew that Middle Tennessee had to compete as a region in order to succeed, because the quality-of-life resources that attract new businesses and residents - such as arts, culture and parks - are spread throughout our 10-county region.

    This week, we saw a perfect example of regionalism in action, as three major employers made significant expansion or relocation announcements in Maury, Williamson and Wilson counties. These three companies will create more than 1,100 new jobs and invest nearly $800 billion in Middle Tennessee, and will undoubtedly bring more new residents to our region.

    gm General Motors officials announced plans to invest $788.7 million and create 781 new jobs for a new high-efficiency engine program and to modernize the vehicle programs at the company's Spring Hill manufacturing plant. The announcement brings GM's total investment in the Spring Hill plant in 2016 up to more than $936 million, including an expansion announced in February. The company has announced investments of more than $2 billion for Spring Hill since 2010.
    Read the full press release.
    cke CKE ...
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  • Partnership 2020 Receives National Recognition as Top Economic Development Group

    by Courtney Ross | Nov 10, 2015
    The past few months have been an especially busy time for the Chamber's economic development team, as Middle Tennessee continues its growth trajectory.

    The Chamber received recognition as a top economic development organization at the International Economic Development Council’s recent annual conference. Our Partnership 2020 team was honored for most jobs created and most capital investment announced for a community in North America by population size, based on the results of an economic development benchmarking survey conducted by Atlas Advertising.

    Since July 1, more than 40 companies have announced expansions or relocations in Middle Tennessee. Highlights include:
    • Peer-to-peer ridesharing company Lyft is locating a new regional headquarters in downtown Nashville. The San Francisco-based mobile app and transportation company will invest $5.1 million and create 380 new jobs in Davidson County.

    • Sinomax Group will locate new manufacturing operations in La Vergne. Sinomax, a foam products manufacturer and distributor, will invest $28 million and create 350 jobs, the largest jobs commitment made from a Chinese-owned company in Tennessee's history.

    • Wonderful Group, a tile and ceramics manufacturer, has selected Lebanon as the site of its first U.S. operations. The company plans to invest $150 million and create 220 new jobs in Wilson County. ...
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  • Middle Tennessee Welcomes Three Expansions, $147M Investment

    by Courtney Ross | Jun 03, 2015

    Our region's momentum shows no signs of slowing. Over the past week, three companies have announced expansions in Middle Tennessee, investing more than $147 million and creating more than 300 new jobs.

    • TWB Company, LLC officials have announced plans to expand their current operations in Tennessee by locating a new manufacturing facility in Nashville. The auto parts manufacturer will invest $18 million in this new operation, creating 41 new jobs in Davidson County.
    • Interstate Warehousing plans to invest $24.7 million to add 160,000 square feet to their existing Murfreesboro facility, located on Joe B. Jackson Parkway. The project will support 122 new full-time jobs. Interstate Warehousing is among the top 10 cold storage warehousing companies in the United States.
    • Maplehurst Bakeries, LLC, a division of Weston Foods, will invest $102.8 million to build and equip a new 173,000-square-foot manufacturing facility in Lebanon. The facility will be located at Central Pike and 840 and create up to 147 new jobs in Wilson County. Founded in 1967, Maplehurst Bakeries produces frozen bakery products for in-store and food service bakeries.
    In addition, this week we learned that Tennessee is one of five states to receive the Gold Shovel Award from Area Development magazine, ...
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  • Chamber's Economic Development Efforts Receive National Recognition

    by Courtney Ross | May 04, 2015

    For the third year in a row, Site Selection magazine has named the Nashville Area Chamber of Commerce one of the nation’s top economic development groups.

    The list is compiled through the magazine’s tracking of four objective categories: new jobs, new jobs per 10,000 residents, new capital investment and new capital investment per 10,000 residents. Additionally, Site Selection editors rank the creativity of economic development strategies, scope of project activity and project projections vs. actual results.

    The national recognition caps off an outstanding week for economic development in Middle Tennessee. Three companies recently announced plans to expand their existing operations, creating nearly 300 new jobs and investing more than $306 million.
    • Global food manufacturer General Mills plans to expand its current operations in Murfreesboro, investing $250 million and creating 117 new jobs.
    • Auto parts manufacturer Topre America will invest $53.3 million to expand their facility inside Nissan's Smyrna plant.
    • KHS America, a manufacturer and distributor of musical instruments, is investing more than $3 million to expand its Mt. Juliet workforce by about 75 percent.
    I am thankful to have an excellent team of economic development professionals working with our regional partners to attract and retain high-quality jobs in our region....
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  • Quality of Place in Economic Development

    by Courtney Ross | Apr 17, 2015
    The Nashville region continues to grow its reputation as a top destination for talent, tourism and business investment. Quality of place plays a major role in our economic development work as we continue to attract new businesses and residents to Middle Tennessee. Here are a few of our favorite latest community assets.

    First Tennessee Park
    Professional sports are a major draw for any community, and this season the Nashville Sounds will play in a brand-new venue - First Tennessee Park. Built on the historic Sulphur Dell site, which was home to Nashville's first-ever baseball team, First Tennessee Stadium replaces Greer Stadium as the digs of the Nashville Sounds minor-league team.

    West Riverfront Park and Amphitheater
    Nashvillians are passionate about live music and green space, so we we're thrilled about the 11-acre park/amphitheater combo due to open this summer on the west bank of the Cumberland River. Located on the site of the former thermal plant, the park includes more than a mile of multi-use greenway trails, Nashville's first downtown dog park, two basketball half-courts, ornamental gardens and a 1.5-acre event lawn. The amphitheater will accommodate nearly 7,000 people and will be the summer home of the Nashville Symphony.

    Nashville Film ...
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  • Partnership Unveils Ambitious Economic Development Strategy

    by Courtney Ross | Feb 20, 2015

    Nashville is enjoying a period of unprecedented economic growth and prosperity, and is also earning national media coverage as America's "it city." But this wasn't always the case. In 1989, Nashville was experiencing a significant downturn in economic performance, at a time when the rest of the nation was thriving. The Wall Street Journal published an article connecting Nashville's poor performance to a lack of foresight.

    The groundwork for our current boomtown status was laid in 1990, when a group of visionary community leaders created the Partnership, a regional economic development strategy. Since that time, Middle Tennessee's economy has steadily climbed to new heights, creating the success story we have today. And we believe the past 25 years are just the beginning. Just like in 1989, we cannot expect to continue our growth without a strategic vision.

    Yesterday, we unveiled an ambitious, complex and robust five-year economic development plan that will lead the way for continued long-term prosperity in the Nashville region.

    The new strategy focuses on three key strategic drivers that will not only build on our achievements, but will also identify areas of progress and critical need to ensure the region’s future economic vitality. These are economic prosperity, ...

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  • Nashville a National Leader in Advanced Manufacturing

    by Courtney Ross | Feb 04, 2015
    Advanced manufacturing, particularly in the automotive sector, has been one of the industries driving Middle Tennessee's economy since Nissan located an assembly plant in Smyrna in the early 1980s. Since that time, General Motors has also established strong operations in Middle Tennessee, and Nissan has increased its manufacturing presence, as well as locating its headquarters in Williamson County. We've also seen tremendous growth in the number of supporting companies that make automotive parts. Just since July, expansions and relocations from automotive suppliers such as Magna International and M-Tek have accounted for a total of more than 960 jobs.

    According to a new study by the Brookings Institute, the Nashville region has had more job growth in advanced manufacturing since the recession than any other metro area in the country, largely due to the success of auto manufacturers. For the purposes of the research, Brookings defined advanced manufacturers as companies where at least one in five employees specializes in technology, engineering, science or math.

    The future of advanced manufacturing in Middle Tennessee remains bright. As Nissan's local manufacturing plants continue to grow, the automaker has teamed with the Tennessee Board of Regents to build a $35 million education and training facility ...
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  • Google Fiber Announces Service in Nashville

    by Courtney Ross | Jan 28, 2015
    Ending a year of speculation, Google announced yesterday that Nashville will be one of the newest cities in the country to receive its Google Fiber gigabit Internet service, which is about 100 times faster than the average Internet speed available in the U.S.

    According to Kevin Lo, director of Google Fiber business and operations, Nashville's thriving music scene and the city's growing reputation as an entrepreneurial and technology hub made Music City a strong location for super-high-speed service.

    Access to the fiber network is based on demand. Once the network nears completion, the company will ask individuals to sign up for service, and start building out "fiberhoods" where interest is highest. To stay up to date, click here.

    This amenity will undoubtedly improve our community in many ways. It will help us nurture our local startups, and will also contribute to our overall quality of place and livability, which is increasingly important in our recruitment, retention and expansion efforts.

    Kevin Lo, director of Google Fiber business and operations, greets Mayor Karl Dean at the official announcement of Google Fiber's launch in Nashville on Jan. 27.
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    Tags: Google fiber
  • Wrapping Up a Milestone Year for Economic Development

    by Courtney Ross | Dec 08, 2014

    By many measures, 2014 has been a prosperous year for Middle Tennessee. More than 100 companies announced relocations or expansions, creating 14,388 new jobs and accounting for more than 8.4 million new square feet sold or leased and more than $2 billion in capital investment.

    2014 was also a landmark year for foreign direct investment (FDI) in Middle Tennessee, with 14 foreign-owned companies representing seven countries announcing expansions or relocations in the Nashville economic market. FDI accounted for 22 percent of new jobs created; 28 percent of new square footage sold or leased; and 35 percent of new capital investment. Major foreign-owned companies, such as Korea-based Hankook Tire and Japan-based Bridgestone, announced relocations or expansions into our region.

    In June, Nashville was named one of the nation's strongest economies and best cities for job growth, and we aim to build on that success in 2015. We are working to keep our regional economy strong and vibrant with an aggressive five-year strategy that sets targets for economic indicators such as job creation and GDP growth. With three years of the five-year strategy behind us, we are at 190 percent of our goal for employment growth and 183 percent of our goal ...

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