Capitol Beat: Georgia sets new records for investment, job growth
New investment in Georgia topped $21.2 billion during the last fiscal year, with 358 projects creating 51,132 jobs, Gov. Brian Kemp announced Wednesday.
The investment and jobs figures surpassed the state’s previous records by 94% and 53%, respectively.
“We are proud companies continue to recognize the advantages of Georgia’s business-friendly environment, superior logistics network, [and] top-ranked workforce training program,” Kemp said during a ceremony inside the Georgia Capitol.
WXIA-TV Atlanta: Gov. Kemp touts record year for economic development for Georgia
"From day one, my administration has prioritized bringing jobs and investment to every corner of our state," he said in a prepared statement. "We have consistently set records; only to shatter them the following year as we have never been content to rest on our laurels."
Kemp goes on to describe Georgia as having a business-friendly environment adding the state's economic success is also due to its logistics network and its workforce training program.
Statistics provided by the governor's office said investments in expansions totaled more than $21.2 billion and 51,132 jobs. This excludes "the two largest projects in state history" Rivian and Hyundai Motor Group, a news release reads.
WALB: Georgia sees $21B in state-tracked economic projects, Kemp says
“Our success means that hardworking Georgians have every opportunity imaginable to also succeed, and it is what drives our efforts day-in and day-out,” Kemp said in a statement.
Those totals included 15,000 jobs and more than $10 billion in promised investment connected to new electric vehicle plants planned by Rivian Automotive near Rutledge east of Atlanta and Hyundai Motor Group in Ellabell west of Savannah.
Georgia’s Department of Economic Development counted 358 projects that got state incentives. Beyond Hyundai and Rivian, the other projects pledged $10.6 billion in investment and nearly 36,000 jobs.
Original source found here.
