Expansion Management magazine has named the Knoxville-Oak Ridge "Innovation Valley" third among all mid-sized regions in the nation in its annual "Best Metro for Business and Expansion" competition. "Innovation Valley" is the name under which the 5-county Knoxville MSA markets itself, and if the designation by Expansion is any indication, that marketing is effective.
The ranking is based on a poll of 80 site consultants. Tennessee peformed well in healthcare costs and the ease of doing business. Proximity to University of Tennessee and the Oak Ridge National Laboratory helped Knoxville.
Read a Press Release from the Knoxville Chamber at EarthTimes.org. Link to the release by publisher Penton Media at BusinessWire. Link to the magazine's site (but not this article, yet) at Expansion Management.
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