Tennessee one of the top megadeal states
13 views · Published 21 June 2013 · 0:38 · Indexed 1 November 2026
Channel: chattanooga times free press · 2013 · News & Politics
A new report ranks Tennessee among the top states for megadeals. Tennessee ties with Louisiana for fourth place, having provided 11 companies with megadeals in the past 37 years. A megadeal means the state has provided a company with more than $75 million dollars in subsidies for economic development projects. For example, Volkswagen received $554 million dollars in subsidies to locate in Chattanooga, the largest deal in the history of the state. Michigan ranked first on the list with 29 deals, while Alabama had 10, and Georgia had five.
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