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Business and economic and workforce development are important priorities for the Bristol Chamber of Commerce and the governments of Bristol Tennessee and Virginia. Local government is continually forming initiatives regarding the area’s growth. New industrial parks are bringing large manufacturers to this area and small business is seeing increased growth in the region. Also, downtown Bristol is in the process of growing and utilizing buildings for more developed retail, office space and loft living.
The Bristol Chamber of Commerce participates with several regional organizations to help develop business & workforce growth in the area. The Tri-State Regional Economies, Business Development Board all strive to enhance industrial and business opportunities in the area.
The Business and Industry Council is another program of the Bristol Chamber of Commerce. This council is a partnership with representatives of local business and industry. Representatives meet each month to discuss matters of interest to area business and industry. These forums include relevant topics in today’s manufacturing business climate.
Utility providers in Bristol TN/VA help drive economic growth and sustain the quality of life in the region with outstanding track records. A strong emphasis is places on safety, efficiency and convenience in providing important wastewater and electricity services to residents.
Numerous products that are used around the world are manufactured in Bristol. These include compressors, pharmaceuticals, coated fabrics, packaging and bottle lids. International and domestic companies that compete globally in various market segments have not only chosen to locate in Bristol because of the quality of life in the region, but also because of the quality of the workforce.
Manufacturing and industrial growth are vital to the life of any community and Bristol possesses a diverse industrial base. Bristol’s infrastructure enables existing companies to continue to grow and offers new companies opportunities for relocation or expansion.
Bristol is not only the home of many large corporations, but it is also the home to numerous small businesses. More than 80% of the Bristol Chamber of Commerce’s membership is made up of small businesses. The growth of the entrepreneurial spirit of small business in Bristol is a testament to the viability of the community and the growth potential in the region.
Small business owners are seeing their dreams manifested in Bristol while simultaneously providing the area with a diverse selection of products and services.
Financial institutions also provide the necessary financial tools to continue business growth and to support a thriving community. Several local banks are headquartered in the region, and numerous national and regional banks also offer both traditional and extended banking services for individuals, businesses and industries. National investment firms are also located in Bristol.
Other businesses with a strong presence in the area include cellular phone companies, computer technology & software service companies, insurance agents and providers, attorneys, and national and local real estate firms.
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LARGEST REGIONAL Employers (2004)
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Number Employees
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K-VA-T Food Stores, Inc.
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10,400
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Eastman Chemical Co.
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7,600
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Mountain States Health Alliance
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4,954
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Wellmont Health Systems
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4,158
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Berkline LLC
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2,500
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East Tennessee State University
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2,103
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Citi Commerce Solution
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2,000
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Sullivan County Dept. of Education
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1,768
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King Pharmaceuticals, Inc.
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1,763
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Bristol Compressors
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1,750
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Sprint
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1,550
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MAHLE
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1,350
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AFG Industries
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1,336
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James H. Quillen VA Medical Center
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1,265
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Frontier Health
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1,241
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Plus Mark, Inc.
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1,230
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John Deere Power Products
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1,200
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Washington County School Systems
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1,200
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American Water Heater
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1,150
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Quebecor World, Inc,
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1,100
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Kingsport City Schools
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1,000
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Johnson City Schools
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989
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Exide Corporation
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900
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Royal Mouldings, LTD
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820
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DTR Tennessee, Inc.
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815
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LABOR FORCE
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SULLIVAN COUNTY, TN (2003 AVERAGE)
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Labor Force
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74,770
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Employment
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70,470
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Unemployment
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4,300
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Percent Unemployment
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5.8
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WASHINGTON COUNTY, VA (2003 AVERAGE)
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Labor Force
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25,407
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Employment
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23,900
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Unemployment
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1,507
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Percent Unemployment
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5.9
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MSA ANNUAL LABOR FORCE
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1999
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2000
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2001
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2002
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2003
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Total Labor Force
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226,100
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223,600
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226,200
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233,300
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232,000
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Number Employed
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216,100
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214,600
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215,800
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220,600
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218,300
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Number Unemployed
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10,000
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9,000
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10,400
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12,700
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13,700
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Unemployment Rate
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4.4
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4.0
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4.6
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5.4
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5.9
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Tennessee Rate
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4.0
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3.9
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4.4
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5.1
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5.8
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National Rate
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4.2
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4.0
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4.7
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5.8
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6.0
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Source: Tennessee Department of Labor & Workforce Development
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METROPOLITAN STATISTICAL AREA (MSA) POPULATION (Includes the counties of Carter, Hawkins, Sullivan, Unicoi and Washington in Tennessee and the counties of Scott and Washington in Virginia and the independent city of Bristol, VA.)
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1980
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1990
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1995
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1996
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433,638
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436,047
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450,056
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458,056
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1997
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1998
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1999
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2000
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454,167
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462,345
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462,769
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480,091
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