Tennessee Ranked Third in Site Selection's Governor's Cup List
In addition to Knoxville getting high marks for an individual cities' achievements, Site Selection Magazine has honored Tennessee and Governor Phil Bredesen in its Governor's Cup rankings.
Tennessee had the third highest total of new or expanded capital projects in the previous year in the United States.
Ohio had the most projects, 399, followed by Illinois with 362 and Tennessee with 293.
According to the state's website, Bredesen said, “This is good news for Tennessee, and confirms that our state continues to build on its reputation as one of the most business-friendly states in the country. Site Selection’s Governor’s Cup rankings reflect Tennessee’s commitment to driving economic growth and developing a world class workforce through education and training.”
Rhonda Rice, Executive Vice President of the Knoxville Chamber, told the Knoxville News Sentinel that, "Any time that you can show that your state and your region (are) doing well, it's a great message to sell to other potential companies that might be looking to relocate to the area or that might be considering expansion."
Read the story on the State of Tennessee's economic and community development website.
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