2013 Foreign Investment into Tennessee
Last year's foreign investment was higher than for 2008, 2009, and 2010 combined.
Twenty foreign firms either initiated new operations or significantly expanded existing ones over the past year. (We do not include outright purchases of existing facilities.) This was roughly one-third more than in 2012. Indeed foreign investment in the state has substantially bounced back from its collapse in the wake of the global economic crisis of 2008-2009. Last year's foreign investment was actually higher than for the years 2008, 2009, and 2010 combined, whether measured in terms of announcements or in terms of anticipated new employment.