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BUSINESS FRIENDLY TAXES

  • No state income tax on interest or dividends effective January 1, 2021

  • No state tax on finished goods inventory
  • No state income tax on ordinary income

COST OF EMPLOYMENT

  • Manufacturing wages 17% below the national average

  • Below the national average for Workers Compensation costs

  • Tennessee is a Right-To-Work state

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Chattanooga is known as “Gig City” because Chattanooga has the fastest internet service in the western hemisphere.

WHY CHATTANOOGA? 

PER AREA DEVELOPMENT MAGAZINE, IN 2020, TENNESSEE IS...

1st

for Energy Availability & Costs

2nd

best state for doing business

2nd

for Most Favorable Regulatory Environment

3rd

for Logistics & Infrastructure

3rd

for Overall Cost of Doing Business

3rd

for Corporate Tax Structure

6th

lowest cost of living

3rd

 most Competitive Labor Environment

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ESIP WHY CHATTANOOGA?

NOTABLE CORPORATE NEIGHBORS

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SOURCES - AreaDevelopment.com, WorldPopulationReview.com, ChattanoogaChamber.com, TimesFreePress.com, bls.gov, nytimes.com

ACCESS + LOCATION

Immediate access to I-75, I-24, and I-59. I-75 in Chattanooga has an AADT (Average Annual Daily Traffic) over 130,000.

Less than 2 hours from Atlanta, Nashville, and Knoxville.

Less than 2 hours from Atlanta Hartsfield Jackson International Airport, the world’s busiest airport.

Less than 5 hours from Charlotte, Memphis, Cincinnati, Louisville, Birmingham, Greenville-Spartanburg, and Lexington.

Less than 6 hours from the port cities of Savannah and Charleston.

DRIVE TIME: 10, 20, 30 MINUTES

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10 MINUTES

POPULATION: 43,915

20 MINUTES

POPULATION: 268,611

30 MINUTES

POPULATION: 499,670 

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