LIFE SCIENCES

Where Life Sciences Succeed

Manufacturers of medical devices, biomedical technologies, assistive technologies, and biotechnology are increasingly calling the seven-state Tennessee Valley region home. And, thanks to our highly-skilled workforce and lower cost of living, so are global leaders in biosciences, genomics, and pharmaceuticals.

Prescribing the Perfect Locations

Home to notable healthcare, pharmaceutical and life sciences companies including Acadia, Pfizer, and Vertex, our region provides endless opportunities for forward-thinking manufacturers.

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Leading the Way for Life Sciences and Biotechnology

With five Research 1 and four Research 2 universities — including The University of Alabama, The University of Tennessee, and Vanderbilt University — our skilled workforce is just what the doctor ordered.

Affordable Workforce

In 2023, wages in the industry were 30% lower than the national average.

Medical Device Manufacturing

Home to one the largest cities for medical device production.

230+

Universities, technical schools and community colleges.

OUR WORKFORCE

Beyond Next-Gen: Pioneering Scientific Exploration

Our region is a hotspot for life sciences, medical device manufacturing, biotechnology and pharmaceuticals:

Medtronic
Pfizer
ProNova Solutions
Siemens
Smith & Nephew
Stryker
Revance Therapeutics
Wright Medical Group

Real Time Advancements, Real Life (Sciences) Innovation

Life Sciences Workforce
Centralized Location

Our People Are Our Most Valuable Resource

More than 25,500 workers are employed in the life sciences and our competitive wage rates are 30% lower than the industry average.

Do Business With Us

More than 1,885 companies in the life sciences industry have made our region their home. Here are just a few of the reasons why:

99.999% Reliability

TVA offers low-cost, highly reliable power to its customers.

Diverse Power Generation

Nearly 60% of the region’s power comes from carbon-free sources.

Competitive Electricity Rates

Our region’s industrial electric rates are among the lowest compared to peer utilities.

The Valley Region Is Hitting Its Scientific Stride

A recent CBRE analysis found that cities in our region are experiencing significant growth in the life sciences sector. Their findings were based on an increase in researchers, the number of Ph.D.s per graduates, venture capital funding, and income relative to the cost of living.

DISCOVER OUR REGION

Tyler Chaffee
Life Sciences Specialist

For more information about available properties, demographics, infrastructure, communities and our skilled workforce, use our interactive GIS mapping tool or contact your target market specialist.

[email protected]

Search For Your Venture’s Next Home

Explore nearly 1,000 properties and buildings virtually using our interactive mapping tool. Filter by property type, size, location and more.

SITES & BUILDINGS

Public and venture capital research funding have driven the sector in the past couple of years, letting Nashville take its first steps toward creating a self-sustaining life sciences cluster apart from the East Coast. As this continues, the metro will attract more life sciences companies and researchers and, in turn, fuel the development of purpose-built lab spaces.

-J.T. Martin, CBRE
Quality and availability of labor are key considerations for any expanding industry, and that’s certainly the case for life sciences.

-Ian Anderson, CBRE

In the News

Eli Lilly Announces Plans to Establish Operations in Huntsville, Alabama

Eli Lilly, a leading pharmaceutical company, announced plans to establish operations in Huntsville, Alabama. Plans for the advanced manufacturing facility include creating 450 new quality jobs and investing $6 billion, which represents the largest initial investment in the state’s history. Economic development partners include Alabama Department of Commerce, Athens Utilities, Huntsville-Madison County Chamber of Commerce,…

Toyota to Expand its U.S. Manufacturing Presence in Jackson, Tennessee and Blue Springs, Mississippi

Toyota, a global automotive manufacturer, announced plans to expand its U.S. manufacturing presence, including two locations within TVA’s footprint. Toyota announced plans to invest $125 million in the company’s Blue Springs, Mississippi facility and $71.4 million along with 33 new jobs at its casting plant in Jackson, Tennessee. Economic development partners include Mississippi Development Authority,…

Hyosung HICO Announces Expansion in Memphis, Tennessee

Hyosung HICO, a global power transformer manufacturer, announced plans to expand operations in Memphis, Tennessee. Plans for the project include creating 240 new jobs and investing more than $150 million as the company constructs a new facility at its U.S. headquarters, marking the second expansion project at the facility in six months. Upon completion, the…