Economic Development Around the State
Strong Infrastructure: CNBC’s annual America’s Top States for Business study ranked Georgia No. 4 overall and No. 1 for infrastructure. The study scored all 50 states on 86 metrics in 10 broad categories of competitiveness.
East Coast Distribution: Bradshaw Home, which designs and markets kitchen and cleaning products, is building a new facility in Effingham County to expand its distribution network and reduce freight miles to transport its products. The 1.2 million-square-foot facility will open in November, bringing more than 230 new jobs to the area.
Cartersville Probiotics: Japanese probiotic beverage company Yakult U.S.A. is building its second U.S. facility in Bartow County. The $305 million investment will create more than 90 jobs in 2026. Its products are sold in 40 countries around the world.
More EVs: Kia is expanding its production portfolio in West Point, adding the EV9 electric SUV to its lineup. The $200 million investment will create nearly 200 new jobs. The EV9 assembly is expected to begin in mid 2024.
Macon Auto Parts: Korean auto parts supplier Boogook Georgia LLC is investing $6.8 million into a 130,000-square-foot facility in Macon. The company – which specializes in fluid-carry systems used in brake, fuel, steering and exhaust lines for customers like Kia and Hyundai – will employ 80 people when it opens in 2024.
Photo: Manuel Alvarez from Pixabay
Cargo Hub: Germany-based global shipping giant DHL opened an $84.5 million Americas cargo hub at Hartsfield-Jackson Atlanta International Airport to provide easier access for shippers into Europe and beyond. The 100,000-square-foot LEED-certified facility will help reduce transit times and improve one-day delivery access.
Building Boom: The New Urbanist community of Serenbe in Chattahoochee Hills is preparing to grow. A $298 million proposed project would add an 80-key hotel with 28 villas, another 109-key resort-style hotel, several restaurants and an “aging in place” wellness campus that would include apartments, retail space and medical facilities. The expansion would create 500 jobs and 1,700 construction jobs and have an economic impact of more than $1 billion.
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