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.
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.
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
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.
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.
In the News
Virginia Transformer announces plans to establish operations in Muscle Shoals, Alabama.
Virginia Transformer, North America’s largest power transformer manufacturer, announced plans to establish operations in Muscle Shoals, Alabama. Plans for the project include creating 1,100 new jobs at the company’s state-of-the-art operations in Colbert County. Economic development partners include Muscle Shoals Electric Board, Shoals EDA, Alabama Department of Commerce, Norfolk Southern, City of Muscle Shoals, Colbert County and…
Underground Solutions, Inc. announces plans to establish operations in Batesville, Mississippi.
Underground Solutions, Inc., an infrastructure technology company, announced plans to establish operations in Batesville, Mississippi. The company plans to invest $80 million in the manufacturing facility and create 50 new jobs. Economic development partners include Tallahatchie Valley Electric Power Association, Panola Partnership, Mississippi Development Authority and TVA. This project furthers TVA’s mission of service to help improve the…
Light Electric Vehicles announces plans to establish operations in Algood, Tennessee.
Light Electric Vehicles (LEV), an electric bicycle manufacturer, announced plans to establish operations in Algood, Tennessee. Plans for the project include creating 288 new jobs and investing $7 million in the company’s Putnam County production and distribution facility. Economic development partners include Upper Cumberland Electric Membership Corporation, the Tennessee Department of Economic and Community Development, Highlands Economic Partnership, Putnam County…