Tennessee Valley Corridor Returns To Chattanooga This June

Monday, February 17, 2014

One of the Southeast’s longest running science and technology conferences will return to Chattanooga June 4-5, on the campus of the University of Tennessee at Chattanooga.

Since the first Tennessee Valley Corridor Summit was held in Oak Ridge in 1995, this annual gathering of government, business, academic and community leaders from the five-state region, have met in Chattanooga three times— in 1996, 2006, and most recently in 2011.

The 2014 Summit will be co-hosted by Congressman Chuck Fleischmann and UTC Chancellor Steve Angle with the theme, “National Leadership through Regional Cooperation.”

The idea of a “science and technology corridor” in East Tennessee was the idea of former Governor, now Senator, Lamar Alexander in the early 1980s.  Alexander was looking for ways to more effectively link the Department of Energy facilities in Oak Ridge, the University of Tennessee and the Tennessee Valley Authority for their mutual benefit and to spur greater economic growth in the region. 

More than a decade later, new Tennessee Congressman Zach Wamp advanced another idea – to hold an annual “Summit,” which first convened in 1995, to bring together government, business and academic leaders to draw attention to the vast science and technology resources in the Oak Ridge community and their impact on the region’s and state’s economy. 

The merging together of the ideas of a “Corridor” and the “Summit,” has led to the creation of an award-winning, non-profit, regional economic development organization, The Tennessee Valley Corridor (TVC), with a board of directors representing 10 congressional districts in East and Middle Tennessee, North Alabama, Western North Carolina, Southwest Virginia and Eastern Kentucky. The TVC’s mission is to sustain existing federal missions in the Valley, to compete for new missions and to leverage those investments for private sector job growth.

In addition to the Summits held in Chattanooga and Oak Ridge, events have been held in Huntsville,  Kingsport, Johnson City, Asheville, Nashville, Murfreesboro, Washington, D.C. and Somerset, Kentucky.

Congressman Fleischmann invited the TVC board to hold this year’s Summit in Chattanooga, and in cooperation with new UTC Chancellor Steve Angle, suggested the University Center as the venue.

In a recent article in the TVC’s Leadership Council newsletter, the chancellor said, “In many ways Chattanooga is the heart of the TVC and it’s our goal at UTC to become the heartbeat that helps drive our community to even greater partnerships in the Valley region.”

Congressman Fleischmann has long touted Chattanooga as the “heart of the Corridor” because of its strategic location between Oak Ridge and Huntsville, Alabama; and the close proximity to the Arnold Engineering Development Center in Tullahoma.  That fact, in addition, to a long history of manufacturing excellence, entrepreneurial development and strong quality of life, makes Chattanooga an ideal host for this year’s Summit.

Building relationships and strong collaborations among federal institutions, world-class research universities and dozens of corporate leaders in science and technology, the TVC has helped showcase the Valley's superior quality of life and the people, business, natural and scientific resources needed for high-tech research, development, business and investment in the 21st Century.

Federal and regional assets include: NASA's Marshall Space Flight Center, the U.S. Army and DoD commands on the Redstone Arsenal, the U.S. Air Force's Arnold Engineering Development Complex, the U.S. Department of Energy's Oak Ridge National Laboratory, National Nuclear Secruity Agency’s Y-12 National Security Complex, the Tennessee Valley Authority, the Oak Ridge Institute for Science and Education, Chattanooga’s SimCenter, the Great Smoky Mountains National Park, the Center for Rural Development and National Institute for Hometown Security, the National Safe Skies Alliance, the HudsonAlpha Institute for Biotechnology, research universities and community colleges.

In 2004, the TVC and the Research Triangle Partnership in Raleigh, N.C. were both selected and honored by the U.S. Department of Commerce’s Economic Development Administration as the top regional economic development organizations in the country for enhancing regional competitiveness.

Today, the Tennessee Valley Corridor continues its original mission of supporting the many federal missions in the five-state region and their resulting positive economic impact through working with the its 10-member TVC Congressional Caucus, chaired by Congressman Fleischmann and TN First District Congressman Phil  Roe.

For information on how to become a sponsor of the 2014 TVC National Summit, visit www.TennValleyCorridor.org.



TVA Opens Public Comment Period On Scope Of Integrated Resource Plan Update

The Tennessee Valley Authority kicked off a public comment period on Feb. 15, related to the initial process phase for updating its Integrated Resource Plan, the agency’s long-term energy resource strategy.  To ensure that the full range of issues and a comprehensive portfolio of energy resources are addressed, TVA invites members of the public, customers, businesses, employees, ... (click for more)

January Tennessee Revenues Less Than Expected

Tennessee Department of Finance and Administration Commissioner Larry Martin Tuesday announced that overall January state tax revenues posted less than expected, while year-to-date state revenues remain more than budgeted. Revenues for January totaled $1.4 billion, and were 3.18 percent less than revenues received in the same time period one year ago, and were $25 million less than ... (click for more)

1 Dead, Another Injured In Shooting On Carousel Road

One man was shot and killed and another man injured in a shooting on Carousel Road lateTuesday afternoon. The incident happened around 5:25 p.m. One man was dead at the scene, and the other was taken to a hospital. Carousal Road is off Greenwood Road in a neighborhood behind Taylor Funeral Home on Wilcox Boulevard. (click for more)

City Council Approves TIF For Extension Of MLK Boulevard To The Riverwalk

The City Council voted Tuesday to approve Tax Increment Financing (TIF) to extend MLK Boulevard across Riverfront Parkway to the Blue Goose Hollow Trailhead at the Riverwalk. The agreement is with Evergreen Real Estate of Nashville to build the extension across property it has already begun to develop at the site across from the old Newton Chevrolet and Kelly Subaru. The developer ... (click for more)

MLK Boulevard TIF Is A Public Scam From People You Should be Able To Trust

TIFs (Tax Incremental Financing) were created to allow cities to do projects they cannot afford.  A TIF project also allows various private construction costs to be subsidized by sequestered  future  property taxes that normally would go into the general fund for running a city. It’s credit card spending with a new fancy name. Politicians love it because it sounds ... (click for more)

Roy Exum: Want To Buy An AK-47?

On Sunday night I got an email from a reader who I enjoy that read, “How about, ‘Don’t sell assault weapons to 18-year-olds.’ The blood is on your hands (and all the other gun and violence idolaters)!” While I beg to disagree with him, this is a nation where – right now, this minute -- there are an estimated ONE TRILLION rounds of ammunition and over 300 million firearms. I can ... (click for more)