Institutional Delegation from Tennessee visit Europe
Tennessee Gov. Bill Haslam and Department of Economic and Community Development Commissioner Bob Rolfe will travel to Europe May 4th to May 11th for an economic development trip designed to strengthen ties with European businesses and increase foreign direct investment (FDI) in Tennessee.
As part of the economic development trip, Haslam and Rolfe will travel on the inaugural British Airways flight from Nashville International Airport to Heathrow Airport in London. British Airways announced in August 2017 plans to have a nonstop, direct flight between Nashville International Airport and London Heathrow Airport beginning this month.
During the weeklong trip, Haslam and Rolfe will pitch Tennessee’s advantages to a number of European businesses interested in establishing operations in the Southeast U.S. The trip will include stops in the United Kingdom, Sweden, Germany, Austria and Italy.
On the occasion of the visit to Italy, the government delegation will take part at luncheon “Foreign direct investment opportunities in Tennessee” organized in Bologna by the representative office of the Department of Economics and Community Development of the State of Tennessee, with the support of the local municipality and the Metropolitan City of Bologna.Tennessee constantly invests in infrastructure and industry and is ready to welcome companies of different sizes.
The main clusters of interest are the Advanced manufacturing, F & B, aerospace/defense, automotive, ceramic tile and healthcare/medical devices. Tennessee is home to 38 Italian companies, with a total investment of over 854 million US dollars and 4000 employees, including Beretta, for the armfire sector, Magneti Marelli for the automotive sector, Gruppo Concorde/Landmark USA for the ceramic tile; moreover, the Colorobbia Group recently announced a new expansion in Tennessee.