Press release from the Office of Tennessee Gov. Bill Haslam; Sept. 7, 2012:
NASHVILLE – Tennessee Gov. Bill Haslam will travel to Japan next week with a delegation made up of business leaders and economic development officials from across the state.
“Tennessee has had a successful and growing relationship with Japanese companies for nearly three decades,” Haslam said. “I look forward to honoring and reinforcing the meaningful, lasting relationships between our state and Japan.”
There are 133 Japanese companies in Tennessee, representing more than $14 billion in capital investment and making Japan Tennessee’s No. 1 direct foreign investor. Japanese companies employ 33,000 Tennesseans with companies like Nissan, Bridgestone and Denso leading the way.
Last year, $1.6 billion dollars in Tennessee goods were exported to Japan, the state’s fourth largest export destination in the world. Tennessee also ranked in the top 10 of all U.S. states for Japanese exports.
The governor will meet with Japanese companies that have a presence in Tennessee, and the delegation will join delegations from Alabama, Florida, Georgia, Mississippi, North Carolina and South Carolina to take part in the 35th annual Southeast U.S. Japan/Association (SEUS) meeting to promote trade, investment and understanding between Japan and the southeastern region of the U.S.
Since 2003, the seven SEUS member states have accounted for almost one-third of all Japanese investment in the United States. In 2012, the seven SEUS states exported almost $7 billion in goods to Japan.
This is Haslam’s first official visit to Japan as governor.