Strategic Investment Positions Resolute Forest Products’ Tennessee Operation
Resolute Forest Products is a global leader in the forest products industry with a diverse range of products, including market pulp, wood products, tissue, newsprint and specialty papers. Its products are marketed in close to 80 countries. The company owns or operates more than 40 pulp, paper, wood products and tissue facilities in the United States, Canada and South Korea, and power generation assets in Canada.
From its Canadian roots, Resolute has found a home in Eastern Tennessee. Established in 1954, its Calhoun operation began as one the earliest newsprint mills in the southern United States. Today, the mill employs more than 500 people and produces market pulp and specialty papers for use in business publications, advertising circulars and magazines.
The company recently entered the tissue market with the construction of a $270 million state-of-the-art facility in Calhoun to manufacture retail, premium private-label tissue products. The facility will be operational in the first quarter of 2017.
Resolute has received regional, North American and global recognition for its leadership in corporate social responsibility and sustainable development, as well as for its business practices. Visit resolutefp.com for more information.
CN Rail System Key Driver in Bilateral Trade
More than a quarter of Tennessee’s world-wide exports cross the Canadian border; and transportation— by rail and water— continues to drive a significant portion of bilateral trade.
Canadian ports in Halifax, Prince Rupert and Vancouver connect to CN Railway’s extensive Memphis rail operations. From this logistics center, goods are transported to customers in the Southeast and Midwest U.S. regions. Memphis is a major freight distribution hub and a key operating center on CN’s North American network. It is an important destination for freight traffic on the CN system and a gateway to CN’s rail operations in the Southeastern and Gulf Coast regions. Its Memphis yard is CN’s second largest classification yard in the U.S.
- Tennessee exports to Canada: $8.6 billion
- Tennessee imports from Canada: $5.8 billion
- Bilateral trade: $14.4 billion
- Tennessee services exports to Canada: $920 million
- Tennessee visits by Canadians: 464,500
- Tennessee vacation spending by Canadians: $98 million
Tennessee’s top goods exports to Canada
- Automobiles: $1.3 billion
- Computers: $1.0 billion
- Motor vehicle parts: $780 million
- Engines & turbines: $777 million
- Optical, medical & precision instruments: $315 million
Tennessee’s top goods imports from Canada
- Aluminum & aluminum articles: $1.2 billion
- Medicine, in dosage: $853 million
- Motor vehicle parts: $350 million
- Plastics & plastic articles: $326 million
- Optical, medical & precision instruments: $160 million
Tennessee exports to Canada by industry
- Equipment & machinery (47%)
- Transportation (27%)
- Minerals & metals (5%)
- Chemicals (5%)
- Plastics & rubbers (5%)
- Agriculture (3%)
- Other (8%)
Tennessee imports from Canada by industry
- Minerals & metals (26%)
- Chemicals (21%)
- Equipment & machinery (15%)
- Transportation (8%)
- Plastics & rubbers (7%)
- Agriculture (7%)
- Other (16%)
- 170,300 Tennessee jobs depend on trade and investment with Canada
Tennessee top services exports to Canada
- Travel: $445 million
- Transportation services: $131 million
- Business, professional & technical services: $120 million
- Royalties & license fees: $96 million
- Equipment installation, maintenance & repair: $50 million
- 170,300 jobs in Tennessee depend on Canada–U.S. trade and investment
- Canada is Tennessee’s #1 customer
- Total Canada–Tennessee goods trade: $14.4 billion
Connect to our team
For more information on Tennessee’s trade with Canada, please contact our trade team in Atlanta.
Unless otherwise mentioned, all figures are based on 2015 data in U.S. dollars. Statistics Canada: 2014 tourism, based on combined same-day and overnight travel (8/2016 release, US$1.00=C$1.1045). U.S. Census Bureau: goods trade, Canada’s export ranking (2/2016 release). U.S. Bureau of Economic Analysis: goods and services trade (3/2016 release). Trade Partnership: 2014 services trade (11/2015 release). Job numbers are from a study commissioned by the Government of Canada (11/2014 release, 2013 data). Figures may not add up due to rounding. Produced by the Embassy of Canada in Washington, D.C.
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