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Haslam, Boyd seeking business in Germany

Tennessee Gov. Bill Haslam is introduced at at Rotary luncheon at the Chattanooga Convention Center on Thursday, June 16, 2016, in Chattanooga, Tenn. Gov. Haslam, who recently met with Republican presidential candidate Donald Trump along with several other governors, said he has no interest in being Vice President but suggested Sen. Bob Corker as a possible candidate.
Tennessee Gov. Bill Haslam is introduced at at Rotary luncheon at the Chattanooga Convention Center on Thursday, June 16, 2016, in Chattanooga, Tenn. Gov. Haslam, who recently met with Republican presidential candidate Donald Trump along with several other governors, said he has no interest in being Vice President but suggested Sen. Bob Corker as a possible candidate. Tennessee Gov. Bill Haslam is introduced at at Rotary luncheon at the Chattanooga Convention Center on Thursday, June 16, 2016, in Chattanooga, Tenn. Gov. Haslam, who recently met with Republican presidential candidate Donald Trump along with several other governors, said he has no interest in being Vice President but suggested Sen. Bob Corker as a possible candidate.

By Mike Pare 1 min read

Tennessee Gov. Bill Haslam and state Economic and Community Development Commissioner Randy Boyd will travel to Germany from Oct. 31 to Nov. 4 to talk to companies interested in the Southeast.

Tennessee ranked No. 1 nationally for job creation resulting from foreign direct investment in 2015, according to IBM-PLI’s 2016 Global Location Trends report.

“So far this year, foreign-owned companies have invested $1.2 billion in Tennessee and committed to create nearly 4,800 jobs for Tennesseans,” said Haslam in a statement.

There are 103 German-owned companies in Tennessee that have invested nearly $5.3 billion throughout the state and employ almost 14,000 Tennesseans, according to the state. Germany is the second-largest source of foreign direction investment in Tennessee, behind only Japan.

“Tennessee continues to be a prime location in the United States for FDI,” Boyd said. “German companies have been invaluable partners in helping make Tennessee the top state for FDI job creation two of the past three years.”