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- U.S. subsidiaries in Tennessee
play a vital role in supporting jobs. They now employ
125,900 Tennesseans.
- Tennessee has proven to be an attractive
location for international employers, ranking 15th
in the country in the number of employees supported
by U.S. subsidiaries
- In fact, the relative portion of
jobs in the state supplied by U.S. subsidiaries remains
significant. They provide the livelihood for 5.2%
of Tennessee’s private-sector workforce.
- Tennessee ranks 13th in the country in the share
of its workforce supported by U.S. subsidiaries.

- U.S. subsidiaries support 67,600
manufacturing jobs in Tennessee. Manufacturing companies
tend to have a strong “multiplier” effect on the economy—stimulating
a substantial amount of activity and jobs in other
sectors through their demand for inputs from other
suppliers.
- More than 16% of manufacturing jobs in Tennessee
are supported by U.S. subsidiaries.
- U.S. subsidiaries’ employment in
Tennessee is heavily concentrated in manufacturing.
Nearly 55% of these jobs are in manufacturing industries.

- U.S. subsidiaries consistently support millions
of American jobs. They now employ 5.1 million Americans-or
4.4% of private sector employment.
- U.S. subsidiaries support an annual payroll of $335.9
billion.
- U.S. subsidiaries provide an average compensation
per U.S. worker of $66,042; this is 32% higher than
compensation at all U.S. companies.
- U.S. subsidiaries also spent $121 billion on plant
construction and new equipment.
- U.S. subsidiaries' share of U.S. manufacturing employment
represents almost 11% of American manufacturing jobs.
In February 2007, Hydroserre
Tennessee, LLC, a U.S. subsidiary of
a HydroSerre Mirabel based in Canada, announced that
it has selected Overton County to build a new production
facility. Using hydroponic technology, the company will
grow "Clean and Natural" lettuces and greens
nearly year-round within a controlled atmosphere. Hydroserre
will invest in excess of $40 million into the community
and provide nearly 300 jobs. This will be the company's
first greenhouse in the U.S.
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