Existing Business Resources
Foreign Trade Zone (FTZ) 134
Companies located within a foreign trade zone can eliminate, reduce or defer customs duties on imported products that are used in manufacturing or held in a warehouse for later distribution. The existing business development team manages FTZ 134, which encompasses more than 5,000 acres and includes all of Hamilton County as well as several surrounding counties.
Komatsu’s Chattanooga manufacturing plant, which produces medium-sized hydraulic excavators and forestry equipment, began utilizing the Foreign Trade Zone program in 2013.
“FTZ 134 is a definite value-add for our Chattanooga operations. We have realized efficiencies in our required import product filings and have been able to realize substantial customs duty cost savings on our imported materials.” – Bruce Nelson, General Manager, Komatsu
Workforce Training Support
Workforce availability is one of the most critical factors today in business retention and expansion. From developing successful job fairs to identifying potential talent pipelines, let our team connect you to the workforce development partners who can get the job done.
- Chattanooga Chamber Workforce Development Team
- Chattanooga State Community College
- The University of Tennessee at Chattanooga
- Chattanooga Career Center
Business Expansion Incentives
Tennessee has one of the most business-friendly economic climates in the nation. Businesses expanding in Hamilton County and the City of Chattanooga may take advantage of numerous incentives. Let our team of professionals customize an incentive package for your expansion.
Small Business Development Resources
The Chamber operates the state’s largest business incubator program, located in the Hamilton County Business Development Center on Chattanooga’s Northshore. The INCubator program has graduated more than 530 businesses into the local economy since 1988.