#7 Tennessee


7.63 out of 10 in Taxation and Regulation

7.12 out of 10 in Workforce Quality

7.63 out of 10 in Living Environment

Right to Work?


State Profile

Tennessee lawmakers in April passed the IMPROVE Act, raising the state gas tax by six cents and the diesel tax by 10 cent to pay for road and bridge projects across the Volunteer State. The gas and diesel tax increases would be offset by more than $500 million in tax cuts annually at the law’s full implementation, including a 20 percent decrease in the sales tax on groceries that equals $125 million and a $113 million reduction in business taxes on manufacturers.

Key Industries

Advanced Manufacturing, Automotive, Chemicals, Energy, Entertainment, Logistics, Medical Devices

Key Companies

Autozone
Dollar General
FedEx Services
International Paper
Unum Group
Volkswagen

Key Contacts

Tennessee Department of Economic & Community Development

Bob Rolfe, Commissioner
312 Rosa Parks Avenue, 26th Floor
Nashville, TN 37243
(615) 741-1888
bob.rolfe@tn.gov
https://www.tn.gov/ecd

YOU MIGHT ALSO BE INTERESTED IN…

- Advertisement -

CEO1000

CEO1000 Tracker Full List

From the schools they went to to the types of companies they run, CEO1000 is tracking the trends among the CEOs of the 1,000 largest U.S. companies.

SUBSCRIBE TO CHIEF EXECUTIVE

Sign Up to Receive Chief Executive’s Magazine and e-Newsletters

Chief Executive’s publications are designed to help CEOs do their jobs better and run their businesses more effectively. Subscribe here.

CEO CONFIDENCE INDEX

CEO Confidence Continues At A Record High In January

More than 250 CEOs of U.S. companies told Chief Executive last week that they expect overall business conditions 12 months from now to be “very good,” ranking them 7.62 out of 10.
- Advertisement -

BEST & WORST STATES FOR BUSINESS

Best and Worst States For Business

Are you looking to relocate or expand? Evaluate each state's strengths with Chief Executive's 2017 Best & Worst States for Business.

CEO OF THE YEAR

CEO of the Year

Once a year, we celebrate the achievements of a CEO, honored for his success in and dedication to business, shareholders, customers and employees.

EDITOR'S PICKS

How A Former Accenture CEO Turned A Failing Leadership Into Growth

This former CEO's first year was a disaster until he shifted everyone's focus to create a customer-centric organization. What happened after that went directly to the bottom line.

What P&G Learned About Marketing From Elon Musk

While Tesla was moving ahead of the competition without spending a dime, P&G's marketing machine was watching closely.

How to Follow a Great Leader: Honeywell’s Darius Adamczyk Moves Forward

Darius Adamczyk, Honeywell International’s CEO since April, has a tough act to follow, but his priorities are optimistic and leave him lots of room for stamping his own legacy.

Meet the ‘New-Collar’ Workers in Manufacturing

Modern manufacturing no longer thinks in terms of white or blue collar—the workers it needs now are “new-collar”.