Workforce

Highways/ Interstates

• Located on Interstate 40, with ten interchanges and easy access to Interstate 55


• Major highways include: U.S. 70 and U.S. 412 provide east-west routes, while U.S. 45 and U.S. 45 Bypass go north and south. State routes include Highways 18, 198, and 223.


• Tennessee is within a day’s drive of 76% of the US Population


• Industrial parks are served with direct interchange access.

Air Service

• McKellar-Sipes Regional Airport

  
  Jackson is home to McKellar-Sipes Regional Airport. Located seven miles west of downtown Jackson. It provides regional commercial airline service, aircraft charter, major aircraft repairs and air freight handling. Open 365 days a year, the airport’s commercial service to St. Louis, MO, and Atlanta, GA, is provided by Air Choice One and is served by Hertz Rent-a-Car. The airport has a fully functioning FBO with amenities including crew cars, pilot’s lounge, weather station and ramp services.



• Memphis International Airport

  
  Located just 80 miles (one hour, twenty minutes) from Jackson, Memphis International Airport is a world class facility serving more than 10 million passengers a year. Non-stop passenger service is available from Southwest, Delta, United, American, Frontier and Allegiant airlines with limited delays. For 22 years in a row, the Memphis International Airport has been North America’s busiest air cargo airport.



• Nashville International Airport

  
  Located just 120 miles (1 hour, 45 minutes) from Jackson, Nashville International Airport is easily accessible. With 10 airlines operating 390 average daily flights to 50 non-stop destinations, BNA is an ideal choice for your business or personal travel.

Public and Commuter Transit

Public Transportation is available through Jackson Transit Authority bus system which serves the entire city. Commuter transit and shuttle service is available through Affordable Taxi Services or KlickGO on demand transportation.

Incentives and Taxes

Two of the reasons Jackson and West Tennessee are such great places for doing business are the business-friendly tax structure and incentive packages available for new and expanding industries.

Incentives and Grants

State

• In Tennessee, experience incentives designed specifically with your business in-mind. Lower operating costs reduce capital outlay and minimize risk. We know what it takes to earn your business. In Tennessee, we're fostering economic growth with flexible tax credits, incentives and grants geared toward your investment. For more information on the competitive state incentives available, click here.



Local

• Real and Personal Property Tax Abatement
  Manufacturing, distribution, call center or data center projects involving a significant capital investment and number of new jobs may qualify for Jackson-Madison County’s aggressive Payment in Lieu of Tax (PILOT) program. This program can enable a company to substantially reduce its tax burden during the critical early phases of operation. Companies are eligible to take advantage of the PILOT by entering into a lease-back arrangement with the Jackson Industrial Development Bond Board.
  A PILOT is offered as an incentive to both new and expanding companies. It can apply to industrial real property, such as the land and building, as well as personal property, such as equipment.
  PILOTs are considered on a case-by-case basis and are based on an analysis of job creation, capital investment and wage rates.



Foreign Trade Zone 283

• Industrial Parks located within Madison County have been designated as part of Foreign Trade Zone Number 283. This designation enables companies locating in those areas to receive equipment, raw materials, inventory and elements that might be added to the manufacturing or distribution process without paying federal duties until the finished product is sold. A duty is a federal tax generally charged on foreign trade items. This status enables companies locating in Jackson to take benefit from significant logistical and competitive advantages. Operation of the 10-area trade zone is overseen by the U.S. Border Patrol’s Memphis office.



TVA Valley Investment Initiative

• The Valley Investment Initiative (VII) is an economic development incentive program jointly offered by TVA and participating distributors of TVA power. VII offers financial incentives to qualifying power customers who contribute to the economic development of the seven-state Tennessee Valley region and complement TVA’s power system resources. For more information, click here.

Taxes

• Local



Type of Tax	City Rate	County Rate
Property tax (per $100 value)	$1.97	$2.35
Ratio of assessment:
Residential	25%	25%
Industrial	40%	40%
Personal (equipment)	30%	30%
Sales Tax: 9.75% (7% state tax, 2.75% local option tax)



• State
  

  Tax Rates in tennessee

  Tennessee has the second lowest state and local tax burden per capita, and no income tax on wages.



Type of Tax	Rate
Excise	6.5% on the net earnings of the company derived from doing business in Tennessee
Franchise	0.25% of the greater of net worth or real and tangible property in Tennessee
Sales	The sales tax rate on food is 5%. All other tangible personal property, unless specifically exempted, is 7%
Unemployment Insurance	The first $9,000 in wages paid to each employee are subject to this tax. The new employer premium rate for most industries, including manufacturing sector 31, is 2.7%. The rate is higher for construction (7.5%), mining and extraction (5.0%), manufacturing sector 32 (5.0%), and manufacturing sector 33 (6.5%). Minimum and maximum experience rates are 1.0% and 10.6%, respectively.

Target Industries

A healthy economy has a diverse portfolio of competitive and emerging clusters. Jackson has an experienced and diverse workforce, but there are also significant concentrations in a few key industries. Based on the skill sets of our workforce, our location and our strong infrastructure assets, there are five targeted industry clusters for which we recruit.

Advanced Food Processing

Jackson provides food processing companies with redundant, reliable energy at a competitive rate. Our community boasts a unique mix of assets to accommodate this fast-changing industry, including a location with logistical advantages, a well-developed transportation infrastructure and a competent, experienced workforce in the food manufacturing sector. While other parts of the U.S. face water shortages, the Jackson Region has an abundant supply of water. The aquifer from which the Jackson Energy Authority (JEA) obtains its water is considered one of the best supplies in the country. Jackson Energy Authority’s water distribution system, which includes a network of elevated storage tanks and 800 miles of mains, ranging in size from four to 24 inches, has the infrastructure in place to support both new and expanding industry.

Several food companies area already located in Jackson and they include Kellogg, ADM Milling, Pinnacle Foods, Mrs. Sullivan’s Pies, Pictsweet, and others.

Automotive Suppliers

With its central location in the rapidly expanding Southern automotive corridor, Jackson offers automotive manufacturers accessibility and convenience in production and transportation. Jackson is home to a variety of automotive suppliers represent all stages of the supply chain. Jackson companies will experience low operating costs, an experienced labor pool and the utility infrastructure in place to support their growing needs. Jackson also boasts a cluster of Japanese automotive suppliers, seven of which call Jackson home.

The existing automotive companies located in Jackson include Finishing Brands, LyondellBasell Industries, Metal Technologies, Pacific Manufacturing Tennessee, TBDN Tennessee Company, Tennalum, Toyota Bodine Aluminum, Toyota Boshoku Tennessee, UGN, and US Farathane.

Customer Care Centers

Jackson has been established as a “Gig City” and companies that locate here enjoy fhe advanced fiber infrastructure provided by Jackson Energy Authority. Jackson already calls the call center industry home and has a workforce available that is experienced with both in-bound and out bound calls, and with calls requiring a technical component.

Existing call center operations include Apria Healthcare, Coram, Jackson Energy Authority, Kirkland’s, Portfolio Recovery Associates and Stanley Black and Decker.

Logistics

Companies located in Jackson will benefit from our strong transportation network. Sitting right on Interstate 40, and with 4 lane highways in every direction, Jackson offers the convenience of access to Interstate 55. Centrally located in the southeast, Jackson offers extensive access to rail transportation, and is within an hour of three intermodal facilities as well as the 2nd largest inland water port, the International Port of Memphis. Because of our transportation infrastructure and excellent connectivity, we can offer supply chain management solutions that give your company the competitive edge that will improve the bottom line.

Jackson is home to major distribution centers including Kirkland’s, Perseus Distribution and Ryder/Kellogg.

Data Centers

Jackson is an attractive choice for data center facilities thanks to a number of competitive advantages, including a low natural disaster risk, low cost power, and redundant fiber. Jackson, a Gig City, is home to the only Enterprise Data Center site in the State of Tennessee, a designation established by Deloitte Consulting and Tennessee Valley Authority. This site, Tiger Jones Technology Park, was deemed as ready-for-development, meaning it meets the requirements to support a major data center.