TVA Economic Development Partner Receives Site Selection Award
NASHVILLE, Tenn. ― Site Selection Magazine recently announced its 2020 Mac Conway Award winners, including a Tennessee Valley Authority economic development partner, the Greater Chattanooga Economic Partnership.
This award recognizes the Greater Chattanooga Economic Partnership as one of the top local and regional economic development agencies in the U.S. for its role in helping deliver prosperity to its community.
“Congratulations to the Greater Chattanooga Economic Partnership on receiving the Mac Conway Award,” said John Bradley, TVA senior vice president for Economic Development. “This organization is committed to raising the quality of life in the area, and its efforts continue to bring high quality jobs and attract business and industry to the region.”
GCEP is a public-private, regional economic development partnership representing a 16-county region in Northeast Alabama, Northwest Georgia and Southeast Tennessee. The group provides expertise in site selection, workforce support and incentive support.
“We are honored to be among a very competitive group of communities selected for this award,” said Charles Wood, chief economic development officer of the Greater Chattanooga Economic Partnership. “The willingness of our partners across the Chattanooga region to come together has been critical to our success in supporting job creation and investment.”
This year’s Mac Conway Award winners were determined through an index that examines 2019 corporate facility investment projects in U.S. metro areas as tracked by Site Selection’s proprietary Conway Projects database. Scores are awarded based on six criteria: total projects, total investment associated with those projects, jobs associated with those projects and three criteria representing a per capita calculation of those same metrics.
The Greater Chattanooga Economic Partnership is housed under the Chattanooga Chamber Foundation and is supported by local economic development organizations, as well as private sector partners committed to the growth and economic success of the region.
The Tennessee Valley Authority is a corporate agency of the United States that provides electricity for business customers and local power companies serving nearly 10 million people in parts of seven southeastern states. TVA receives no taxpayer funding, deriving virtually all of its revenues from sales of electricity. In addition to operating and investing its revenues in its electric system, TVA provides flood control, navigation and land management for the Tennessee River system and assists local power companies and state and local governments with economic development and job creation.