I believe that Tennessee has done an excellent job attracting businesses to the state. Evidence of this can be seen by the arrival of large companies like Hemlock, Wacker Chemical, and Volkswagen. When talking with companies about their reasons for locating to Tennessee they often begin with the educated workforce. When Tennessee supports K-12, vocational schools, and universities, the state is making a significant investment in creating jobs.
Tennessee also benefits from its location and the ability to reach a large portion of the U.S. population within one day of driving. The state has invested heavily in the Department of Transportation and this commitment is essential to commerce. Not only is interstate travel necessary, but also the ability to get product in and out of local communities. An educated workforce and the ability to move products are crucial, not only to attracting new industry, but also allowing businesses to grow.
As legislators, the best thing we can do to encourage business growth is to pass laws that limit law suits on businesses and professionals. We need to let them be successful. I am all for people and industries being responsible, but the unwarranted and frivolous law suits need to be eliminated to attract more business people to the state.
Finally I believe that the state must support the local Chamber of Commerce and industrial recruiters. Job creation starts at the local level and these boards know the qualities their communities have to offer. The state must work closely with them to provide the resources they need to attract new businesses.