Incentives for New and Existing Industry
Both industrial prospects and existing industries are made aware of a variety of incentives including grants, loans, training assistance, and tax incentives. These efforts are coordinated by the Campbell County Chamber of Commerce with assistance from Campbell County's Joint Economic and Community Development Board, the Tennessee Department of Economic and Community Development, Tennessee Valley Authority, the East Tennessee Economic Development Agency and the East Tennessee Development District.
For information regarding industrial properties and county demographics, please click here.
The State of Tennessee Department of Economic and Community Development, Tennessee Valley Authority, the Tennessee Technology Center at Jacksboro, Roane State Community College and Campbell County Career Center offer a complete menu of training incentives and facilities to assist in developing a quality work force to serve the employee's specific needs.
Job Credit for Industrial Property
Most publicly owned industrial property in Campbell County can be obtained for a low to moderate price. A job credit of up to $1,000 per job is available to be applied to the cost of the property up to the purchase price on county owned industrial property. Computation of the job credit: Average number of employees at local location for the second full year of operation times the applicable credit.
The Campbell County Chamber of Commerce can provide contacts, resources, and other information needed for consideration by a business or industrial prospect.
- No personal income tax
- No sales/use tax on industrial machinery
- 1 percent (1%) investment tax credit for machinery purchases
- Property taxes levied only by Cities and County-Finished goods and goods-in-process inventories tax exempt
- Distributors exempt from all property taxes on inventories
- Job credits available on franchise fees and taxes
Campbell County Industrial Development Board
This Board has Industrial Development Bond Issue Authority
Other Economic Development Incentives
- Hub Zone Eligibility
- Satellite to the Greater Knoxville Foreign Trade Zone
Traffic Counts for Campbell County