Distribution and Logistics
Distribution companies
East Tennessee’s excellent transportation system for moving goods, along with a growing and trainable workforce, a pro-business climate and favorable operating costs makes it an ideal choice for the distribution/logistics sector.
In addition to the three interstates (I-75, I-40, I-81) that tri-sect in our region, we are served by two major railroads; a waterway system that permits access to 22 states and to ports on both the Eastern seacoast and the Gulf of Mexico; a major regional airport; a U.S. Customs port of entry; and a foreign trade zone designation as well as a major cargo freight complex.
The 15-county region is within a day’s drive of 70% of the US market. To top it off, a highly ranked supply chain management and logistics program at the University of Tennessee provides an excellent talent pool.
- Served by CSX and Norfolk Southern Railroads
- Barge service on the Tennessee-Tombigbee Waterway System
- Regional airport with more than 120 flights daily to 19 major U.S. destinations
- Up-to-date cargo freight complex
- U.S. Customs Port of Entry
- Foreign Trade Zone designation
- Interstate 40 in Tennessee has been named Best Road in the US for the 4th year in a row by Overdrive Magazine.
Business Climate
Pro-business environment - Favorable business tax climate consistently in the top 1/3 of U.S. states
- Attractive state, local, and utility incentives for new job creation and capital investment
- State taxes ranking among the nation's lowest
- No state property tax
- Competitive corporate taxes
- Available targeted jobs tax credit
- Competitive gas, water, and sewer rates
- Electricity generated by the Tennessee Valley Authority at rates 19% below the U.S. industrial average
- Electricity reliability at 99.999% since 2000
- Abundant water supply
- Gas by East Tennessee Natural Gas
- Available Buildings and Sites
- Building costs 19% below the national average (RSMeans Construction Index 2012)
- Competitive lease rates
- Right-to-work state
Workforce
- Flexible, growing workforce of 570,000 in 15-county region
- Workforce of 780,000 in 32 laborshed counties
- Manufacturing workforce of 45,000 at costs 7% below the U.S. average
- More than 5,000 engineers
- Customized workforce training
- Transferable skill sets
- Competitive workers compensation rates
- FastTrack Job Training Assistance Program with training to quickly provide skilled workers
- University of Tennessee's supply chain management and logistics program ranked 9th in the nation
Accessibility
- Located at juncture of three major interstates: I-40, I-75, and I-81
- 70% of the US market within a day's drive
- Rail service by Norfolk Southern, CSX, and local short-line railroads
- Barge service on the Tennessee-Tombigbee Waterway System
- Regional airport offers more than 120 flights daily to 21 major U.S. destinations
- US Customs Port of Entry and Foreign Trade Zone designation
- Easy access to deepwater ports on the Atlantic and Gulf coasts
- Interstate 40 in Tennessee named Best Road in the U.S. for the 4th year in a row by Overdrive magazine
Technology
- Home of the Knoxville-Oak Ridge Technology Corridor
- Access to technology research at the Oak Ridge National Laboratory (ORNL), the world's premier laboratory in advanced materials
- 16 user facilities across multiple disciplines