University of Tennessee Research reposted this
Tennessee continues to set the pace in the automotive sector, and 2024 was a historic year for our state’s economic growth. According to Tennessee Department of Economic and Community Development's newly released 2024 Annual Report, Tennessee has solidified its reputation as a premier destination for high-quality jobs and investment, with the automotive industry leading the charge. Since 2019: • Nearly 102,000 new automotive jobs created • $37+ billion in capital investment • 900+ automotive suppliers call Tennessee home In 2024 alone: 🚀 14 new projects launched 👷♂️ 2,090 new jobs committed 💰 $950 million in capital investment 🏭 Major announcements from DENSO, Topre America, Unitech, Nokian Tyres, and more 🚙 Nearly $3 million awarded in TNGO funding to seven projects aimed at creating scalable mobility solutions With a skilled workforce, strong infrastructure and a business friendly environment, Tennessee is powering the future of the automotive industry. Read the full report 👉 https://lnkd.in/etX_BwCN #TEAMTN #MadeInTennessee #AutomotiveGrowth
