Tennessee Business Roundtable

The president-elect's plans to impose 25% tariffs on all goods from Canada and Mexico are cause for alarm in #TN. Last year, our state imported over $20B in goods from these North American neighbors - $6.7B from Canada and $14B from Mexico. A 25% tariff adds over $5B to the cost of the same quantity of goods. If both trading partners retaliate, the $15B in #TN products we currently export each year to buyers in these markets would in turn be at risk - along with the jobs which produce them. https://lnkd.in/epGqEy2b

We are excited to share the speaker lineup for our Annual Meeting on December 3 in Brentwood. - Brie Knox, Director of the U.S. Commercial Service in Tennessee, will outline how USCS supports businesses with market research, export compliance, and global connections. - Crispin Teufel, CEO of National Seating & Mobility and Chair of the GACC South - German American Chamber of Commerce of the Southern U.S., Inc. will discuss German investments in Tennessee and how companies navigate cultural and regulatory differences. - Karel Noha Abboud, Global Director of Foreign Direct Investment and Trade for the Tennessee Department of Economic and Community Development, will provide insights into attracting advanced workforce opportunities and foreign investment to Tennessee. This is a unique opportunity to learn about trade, investment, and Tennessee’s role in the global economy. #BusinessLeadership #ForeignInvestment #TennesseeEconomy

As business leaders, we know the impact?that?policy decisions have on growth and opportunity. The 21% corporate?rate established by 2017’s federal?tax reform has delivered real results: ???Higher household incomes ???Increased wages for workers ???Lower unemployment These outcomes underscore the role of a competitive tax environment in driving economic success—not just for businesses, but for workers and families nationwide. Maintaining a permanent corporate tax rate of no more than 21% is essential to sustaining these gains and ensuring the U.S. remains a leader in the global economy. Learn more about the impact and what’s at stake:?https://bit.ly/3OPSHlt

“Businesses have been operating under the assumption and making large investments in places like Western Tennessee on the assumption that this policy survives. So when you want to potentially shake this up, it causes total chaos and havoc on the private business side...This is not a red state, blue state economic development story. This is an all of America economic development and manufacturing resurgence story, and Tennessee is a great example of how this resurgence, this growth, is serving ‘red’ America.” https://lnkd.in/eDdPTmhT

A heartfelt thank you to everyone who joined us for an insightful and impactful discussion at the 2024 Post-Election Roundtable. We’re especially grateful to our panelists, including Erik Schelzig, Managing Editor at State Affairs-TN; Timothy Locke, Partner at The Smith-Free Group LLC ; Benjamin Simpson, Chief Policy Officer at the Nashville Area Chamber of Commerce; and Chloe Akers, Founder and CEO of The Best of Tennessee. Their insights and expertise enriched the conversation and sparked meaningful dialogue on Tennessee’s political and business landscape. This event would not have been possible without the generous support of our sponsors: Pickler Wealth Advisors and Butler Snow LLP. Your commitment to fostering thoughtful dialogue and advancing Tennessee’s business community is invaluable. Missed it? Stay connected with us for future events addressing the issues that matter most to Tennessee’s business community. ?? Check out event photos here: https://lnkd.in/g_bg-aBB

Congrats to Ralph Schulz, CEO of our valued nonprofit partner, the Nashville Area Chamber of Commerce, on his retirement. His leadership has strengthened Nashville’s business community and advanced economic growth. We wish Ralph all the best in his next chapter! (Tennessean)

This Thursday! Join statewide business leaders at our 2024 Post-Election Roundtable to break down the recent elections and their impact on Tennessee's business and policy landscape. Don’t miss out! Presented by Pickler Wealth Advisors and Butler Snow LLP. Tickets ?? https://lnkd.in/dS3aJmCP

Join us for the Tennessee Business Roundtable's 2024 Post-Election Roundtable on November 14, 2024, from 10:00 AM to 2:00 PM CST at the Butler Snow LLP Conference Center in Nashville. This event will provide an in-depth analysis of the recent state and federal election results and their implications for the business community. We'll also look ahead to the 2026 gubernatorial, state legislative, and federal mid-term elections. Attendance is complimentary for Roundtable Member Executives, $30 for Metro Chamber Members, and $75 for Future Roundtable Members, with lunch and parking included in all ticket types. Lunch will be served at noon, and parking is available in the Pinnacle at Symphony Place building, with validation provided at event check-in. Thanks to our hosts and sponsors—Butler Snow LLP and Pickler Wealth Advisors—for making this event possible. Don't miss this opportunity to gain valuable insights and network with fellow business leaders. Secure your spot today by registering at the link below. https://lnkd.in/dS3aJmCP

#Mobility is key to #Nashville's continued economic success - especially for those on whom our businesses rely to do the cooking, cleaning, fixing, delivering, and building. Equity is important too - everyone has to contribute and all areas deserve to benefit. Voters evidently agreed. Congrats and thanks to Nashville Area Chamber of Commerce, Freddie O'Connell, Ralph Schulz, Benjamin Simpson, and so many others for your leadership.

?? Big news for the future of Tennessee’s EV workforce! Motlow State Community College's Automation and Robotics Training Center (ARTC) in McMinnville is expanding, adding a new wing dedicated to its renowned Mechatronics program and the all-new Electric Vehicle Engineering Technology (EVET) program! ??? With car manufacturers like Nissan Motor Corporation, General Motors, Volkswagen and Ford Motor Company leading the charge in electric vehicles, Motlow State is preparing students to jump into the growing EV industry and meet the rising workforce demand. ?? This new space will help students learn advanced skills in battery systems, electric propulsion and high-voltage safety. ?? Join them on November 12 to celebrate the ribbon cutting and witness firsthand how Motlow is shaping Tennessee's future in tech and sustainability! Reserve your spot now: https://brnw.ch/21wOqCW