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> Motor Vehicle Body
& Trailer Manufacturing
This sector is comprised of firms that are engaged
in the manufacturing of motor vehicle bodies and cabs
or truck automobile and utility trailers, truck trailer
chassis and detachable trailer chassis. There are 60
establishments in this Sector, employing approximately
2,446 people. The average wage per workers is $34,723.
There are five facilities in Middle and East Tennessee
with 100 or more employees.
> Motor Vehicle Parts
Manufacturing
This sector includes establishments engaged in the
manufacturing of motor vehicle gasoline engines and
engine parts, motor vehicle electrical equipment, steering
and suspension components, brake systems, transmission
and power train parts, seating and interior trim and
metal stamping. There are 223 establishments in this
Sector, employing approximately 36,660people. The average
wage per worker is $39,629.
Aerospace Product and Parts
Manufacturing
This sector consists of establishments primarily engaged
in manufacturing complete aircraft, missiles, or space
vehicles; manufacturing Aerospace engines, propulsion
units, auxiliary equipment or parts; (3) developing
and making prototypes of aerospace products; aircraft
conversion (i.e., major modifications to systems); and/or
rebuilding or overhauling complete aircraft or propulsion
systems There are 26 establishments in this sector,
employing approximately 2,639people.The average wage
per worker is $50,608.
Ship and Boat Building
This sector includes establishments primarily composed
of manufacturing facilities (shipyards) for the construction
of ships, their repair, conversion and alteration. There
are 39 establishments in this sector, employing approximately
4,928people. The average wage per worker is $39,442.
Logistics
The Tennessee highways consists of a well maintained
interconnecting system of roads that connects with the
rest of the US highway infrastructure. Tennessee has
the true advantage of being centrally located and within
a day's drive of 75% of the US population. In addition
to our fine roads we also border the Mississippi River,
which is a major river highway that transports goods
to the ports along the Gulf of Mexico.
Agriculture
Agriculture in Tennessee is very diverse. Tennessee's
top agricultural commodities include cattle and calves,
broilers, greenhouse/nursery, soybeans, cotton, dairy
products, corn, tobacco, hogs, hay, tomatoes, eggs,
wheat, snap beans, grain sorghum, apples, peaches, farm
chickens, squash, and sheep and lambs. In 2005, all
agricultural commodities in Tennessee generated more
than $2.5 billion in cash receipts, down marginally
from 2004. Crops and livestock product contributed nearly
equally to Tennessee agricultural cash receipts.
Health Care Management
Tennessee is a world class center for health care management.
The capital of Tennessee Nashville is home to more than
300 health care management companies operating in regional,
national or international markets. More than 20 Nashville-based
health care companies are publicly traded, with combined
revenues in excess of $70 billion. Four health care
business models have been pioneered in Nashville - hospital
management, ambulatory surgery centers, physicians practice
management, and disease management. Nashville-based
health care companies manage more than 2,400 facilities
that provide patient care worldwide, with more than
430,000 employees. More than half of all investor-owned
hospital beds in the U.S. are owned and managed by Nashville-based
companies. Nashville-based companies are world leaders
in a number of key industry segments, including hospital
management, ambulatory care, outpatient services, disease
management, pharmaceutical services, health information
technology, and academic medicine and research.
Tourism
In 2006, Tennessee's tourism generated a $13.4 billion
economic impact to the state's economy, a $1 billion
increase for the second consecutive year. More than
181,000 Tennesseans are now employed in the state's
tourism industry. Payroll generated by direct travel
spending grew 3.1% to $5.1 billion in 2006. Tennessee's
49,750,000 overnight and day-trip visitors provided
more than $1 billion in state and local sales tax revenues
for the second consecutive year.
The tourism highlights include Memphis which boasts
Graceland the home of Elvis Presley as well as being
known as the home of Blues music on Beale Street. Nashville
is known as "Music City" because of the many
country music recording studios and is home to the world
famous Grand Ole Opry where live concerts are held weekly.
The Eastern half of the state is known for its beautiful
Smokey Mountain National Park and the tourist meca of
Pigeon Forge and Gatlinburg. The city of Knoxville is
home of the University of Tennessee. Chattanooga is
famous for Lookout Mountain and the famous battle that
took place during the American Civil War as well as
being home to the Chattanooga Aquarium.
Music Industry
A newly released study of the music industry in Nashville
shows a total economic impact of $6.38 billion. Direct
spending by music industry firms in Nashville totaled
$2.64 billion. The combined impact of direct and secondary
spending totaled $3.96 billion. Music-related tourism
accounts for another $2.42 billion in spending, bringing
the total economic impact of the music industry in the
Nashville MSA to $6.38 billion. Nashville is home to
more than 80 record labels, 130 music publishers, more
than 180 recording studios, 40 national producers of
ad jingles, 27 entertainment publications and some 5,000
working union musicians. In Memphis the main impact
on the music industry is tourism with many people visiting
the home of Elvis Presley Graceland and the many Blues
music clubs on Beale Street and spending money on hotels
and restaurants.
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