Economic Development Aroud the State
Best Places to Live: U.S. News & World Report ranked 150 of the most popular metro areas to live in the U.S., and Savannah (No. 37) and Atlanta (No. 64) both made the list. To be included, the areas had…
Economic Development Around The State
An Optimistic Outlook
Georgia was on a lot of people’s minds in 2022 as companies and countries jockeyed to find the best markets for their goods and the best sources for their supplies. The result was a record $196 billion in the state’s…
Economic Development Around the State
Savannah Auto Parts: Global auto parts manufacturer PHA is building a $67 million facility in Chatham County. The Tier 1 supplier will make door modules, tailgate latches and hood latches for the nearby Hyundai Metaplant in Bryan County when it…
Economic Development Around the State
Top in Trade: Georgia broke another record, this time for international trade – for the second year in a row. In 2022, the state’s total trade exceeded $196 billion across 221 countries and territories. Exports broke the 2021 record by…
Economic Development Around the State
Jobs and Investment: During the first half of the current fiscal year (July 1–Dec. 31), Georgia saw 218 locations or expansions that are expected to create some 17,500 new jobs and more than $13 billion in investment throughout the state. The majority…
Economic Development Around the State
EV Batteries: Hyundai Motor Group and SK On are partnering to build an electric-vehicle battery manufacturing facility in Bartow County. The $4-$5 billion investment will create more than 3,500 jobs and operations will start in 2025. Beauty Logistics: Global beauty…
Economic Development Around The State
EV Supplier: Hyundai Mobis is investing $926 million to build a 1.2 million-square-foot electric vehicle (EV) power system plant in Bryan County, employing at least 1,500 when production begins in 2024. More Millwork: Millwork manufacturer Steves & Sons Inc. is…
Economic Development Around The State
No. 1 Again: Georgia was recently named the No. 1 state for business by Area Development magazine. It’s the ninth consecutive year the state has received this recognition – the only state to do so. Georgia also earned the top…
Economic Developments Around the State
Monticello Agri-science: Profile Products is investing $35 million to open a campus in Jasper County. The sustainable agri-science manufacturer’s new facility will produce wood-based erosion control technologies and horticulture substrates, creating 80 jobs. The first phase of development opened in…
Economic Development Around the State
Record Growth: Georgia saw more than $21.2 billion worth of investment in facility expansions and new locations and 51,132 jobs added in FY2022, which ended June 30. Eighty-five percent of those investments – more than 30,000 jobs – were outside…
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