Department of
Economic & Community Development
Matthew Kisber, Commissioner

A Message from ECD

Confluence Solar announced plans to develop a $200 million facility and create 250 new jobs in Clinton, TN on Jan. 21, 2010. Pictured are Labor Commissioner James Neeley, Confluence Co-Founder Dr. John DeLuca, Governor Phil Bredesen, Confluence COO Jim Highfill, Revenue Commissioner Reagan Farr and ECD Commissioner Matt Kisber.

Since Governor Bredesen took office in 2003, one of his highest priorities has been the creation of higher-skilled, better-paying jobs for Tennesseans. The Department of Economic and Community Development has spearheaded that effort from the beginning, and the results speak for themselves. The last seven years have seen the creation of 179,296 new jobs, $29.2 billion in capital investment and 48 corporate headquarter locations in Tennessee.

In the last year, we’ve been called the nation’s most competitive state for business, the second-best for business climate and the most improved state for development.

From July 2008 – February 2009 alone, Tennessee landed more than $3 billion dollars in new investments from Volkswagen Group of America, Hemlock Semiconductor and Wacker Chemical, creating more than 3,000 new jobs.

The stage is set for success in Tennessee. We invite you to experience what everyone’s talking
about.

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Recovery Zone Bonds

Allocation Plan and Bond Reservation Application

TN County and Municipality Allocations

Executive Order #62 – Authorizing Reallocation of Recovery Zone Bonds

American Reinvestment and Recovery Act

On February 17, 2009, President Obama signed the American Recovery and Reinvestment Act (ARRA). The act is a nationwide effort to create jobs, jumpstart growth and transform our economy to compete in the 21st century.

The compromise package of $789 billion will create or save 3.5 million U.S. jobs over the next two years. Jobs created will be in a range of industries from clean energy to health care, with over 90% in the private sector. Read more.