Companies Moving to Nashville: Key Factors and Trends

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Nashville is becoming a magnet for companies looking to relocate or expand. The city's low cost of living and doing business is a major draw. With a lower cost of living and doing business compared to other major US cities, Nashville is an attractive option for businesses.

The city's thriving music scene and rich cultural heritage are also key factors in its appeal. Nashville's vibrant music scene is a major selling point for companies in the entertainment industry. Many music-related businesses have set up shop in the city.

Nashville's highly educated workforce is another key factor in its appeal. The city is home to several top-ranked universities and colleges, including Vanderbilt University and Belmont University. This has created a highly skilled and educated workforce that is attractive to businesses.

The city's strong economy and growing population are also major draws for companies. Nashville's economy has been growing steadily over the past few years, with a diverse range of industries driving growth.

Companies Moving to Nashville

Downtown Nashville skyline with modern skyscrapers and historic buildings under a cloudy sky.
Credit: pexels.com, Downtown Nashville skyline with modern skyscrapers and historic buildings under a cloudy sky.

Oracle is planning to make Nashville its "world headquarters" to be closer to a major health care hub. This reflects the software giant's ambitions in the health care industry.

The company is developing a health campus in Nashville that will be the center of its operations. Oracle has bought electronic health records company Cerner for $28 billion and is shifting its focus to the health care industry.

Oracle is moving its headquarters from Austin, Texas, to Nashville, where it will be closer to a major health care hub. This move is part of the company's strategy to invest in health care technology.

Notable Companies Moving

Oracle is moving its world headquarters to Nashville, a decision that reflects the company's ambitions in the health care industry. The company is developing a health campus in Nashville that will be its world headquarters.

Oracle's chairman, Larry Ellison, said the company is attracted to Nashville's status as a health center. Nashville's health care hub makes it an attractive location for Oracle's health care-focused efforts.

Oracle's move to Nashville follows its acquisition of electronic health records company Cerner for $28 billion. The company still maintains a large employee base in California, even after moving its headquarters from Silicon Valley to Austin, Texas in 2020.

For more insights, see: Moving Company

Infrastructure

Scenic view of Nashville skyline and pedestrian bridge reflecting in the Cumberland River at sunrise.
Credit: pexels.com, Scenic view of Nashville skyline and pedestrian bridge reflecting in the Cumberland River at sunrise.

Nashville is a transportation hub with excellent air, rail, and road access, making it easy to reach U.S. and international locations with ease and affordability.

Half of the U.S. population lives within 650 miles of Nashville, and 12 million people live within a 2.5 hour drive.

The area is a key location for businesses due to its central location and accessibility.

Nashville is located at the convergence of three major interstate highways: 1-40, I-24, and I-65.

  • The 440 Parkway, Downtown Loop, and Briley Parkway link the urbanized areas; Route 840 connects four counties in an outer loop
  • 140 freight carriers and 150 truck terminals

The Nashville International Airport (BNA) is a major hub, serving more than 22 million passengers annually and offering 600 average daily flights to over 99 nonstop destinations.

  • The airport is located only 8 miles from downtown Nashville
  • 20 airlines operate flights from BNA
  • Passengers at BNA have doubled in the past 10 years
  • 75% of the U.S. market is within a 2-hour flight time

CSX Transportation has a significant presence in Nashville, with two major rail yards and an Intermodal terminal.

Credit: youtube.com, Big tech eyes Nashville

WeGo Intercity bus system and Music City Star suburban rail provide alternative transportation options for residents and visitors.

The Nashville B-cycle bike-share system and ride-share and motorized scooter services are also available for those who prefer to travel on two wheels or on demand.

Electric power for the Nashville region is provided by the Tennessee Valley Authority (TVA), which is the nation’s largest government-owned power provider, supplying energy needs to approximately 10 million people throughout Tennessee and six other southeastern states.

TVA power is one of the most efficient and reliable systems in the country, offering numerous advantages to businesses and industry.

Piedmont Natural Gas is the trusted natural gas provider for more than 1 million residential and business customers in North Carolina, South Carolina, and Tennessee.

Economic Factors

Nashville is a haven for businesses looking to relocate or expand, thanks to its exceptional economic factors. Tennessee has the second lowest state and local tax burden per capita, which is a significant advantage for companies.

The lack of income tax on wages is another major perk, allowing businesses to retain more of their hard-earned profits. This tax-free environment can give companies a much-needed boost.

With economic incentive coordination in place, businesses can tap into a range of resources to support their growth and success.

Workforce and Industry

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Nashville is a hub for businesses looking to tap into a talented workforce. The region boasts the largest concentration of colleges and universities in a four-state area, providing a steady supply of skilled and diverse professionals.

This means companies can find the right fit for their industry, whether it's young graduates, established professionals, or transitioning soldiers. The region is brimming with talent, making it easier to find the perfect candidate.

From a practical standpoint, Nashville's workforce is ready to meet the demands of any industry, making it an attractive location for businesses to set up shop.

Workforce

Our region has a unique advantage when it comes to workforce, with the largest concentration of colleges and universities in a four-state area. This means we have a pool of skilled and diverse talent ready to meet the demands of any industry.

From young graduates to established professionals, our region is brimming with talent.

Industry Focus

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Oracle is shifting its focus to the healthcare industry, with its world headquarters moving to Nashville, Tennessee. This strategic move is driven by Oracle's desire to be near the healthcare industry's epicenter.

The city of Nashville is home to several of the biggest health systems, including HCA Healthcare, which is the largest health system in the US. This proximity to major healthcare players is a key factor in Oracle's decision to relocate.

Oracle plans to build a $1.35 billion waterfront campus in Nashville, solidifying its commitment to the healthcare industry.

Oracle's Move to Nashville

Oracle is moving its "world headquarters" to Nashville, a decision driven by the city's status as a major health care hub.

Oracle's Chairman Larry Ellison has stated that the company is shifting its focus to the health care industry, following its acquisition of electronic health records company Cerner for $28 billion.

This move is a significant expansion for Oracle, which will create hundreds of new jobs in the Nashville region.

A woman lying among cardboard boxes with dramatic light and shadow. Perfect for moving or relocation themes.
Credit: pexels.com, A woman lying among cardboard boxes with dramatic light and shadow. Perfect for moving or relocation themes.

Oracle's health campus in Nashville will be a major hub for the company's health care operations, and will be a key part of its strategy to be at the center of the next generation of health care.

The company's move to Nashville is a testament to the city's growing reputation as a hub for health care and technology innovation.

Oracle's new campus in Nashville will be a significant addition to the city's business landscape, and will create new opportunities for the local economy.

Oracle's move to Nashville is expected to bring a significant number of new jobs to the area, with estimates suggesting that the company will create 550 jobs, in addition to another 400 and 100 jobs.

Frequently Asked Questions

Is Amazon moving to Nashville?

Amazon has made a significant commitment to Nashville, but it's not a move to the city as its headquarters. Instead, it's a major expansion with a new headquarters in Tennessee, marking the largest jobs commitment in the state's history.

Kristin Waelchi

Senior Writer

Kristin Waelchi is a skilled writer with a keen eye for detail and a passion for storytelling. With a background in research and analysis, she brings a unique perspective to her writing, delving deep into complex topics and shedding light on the intricacies of the world around us. Kristin's expertise lies in crafting engaging articles that inform and educate readers on a wide range of subjects, including industrial facilities.

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