Georgia Governor Announces Economic Growth In Key Industries

On Thursday, Republican Georgia Governor Brian Kemp announced some of the economic achievements that have occurred in the last year, which have benefited Georgians as new jobs are created in the state’s growing economy. 

“Georgia is the best place to live, work, and raise a family, and that starts with good jobs,” Kemp said. “These latest figures from the nation’s top-ranked Department of Economic Development show that job creators know the Peach State has what they need for success. As they continue to bring unprecedented levels of opportunity to communities in every zip code of our state, I want to thank the economic developers on both the local and state levels, as well as our partners in the General Assembly, for making Georgia a place where everyone can thrive.”

As explained in a press release from Kemp’s office, areas “outside the 10-county metro Atlanta region accounted for 85 percent of jobs created and 92 percent of investments from economic development projects during the period. Four of Georgia’s largest industries – advanced manufacturing, automotive, aerospace, and food processing – accounted for nearly 75 percent of new jobs and 84 percent of investments.”

“Planned investments resulting from these projects increased by more than 38 percent, compared to the same time last year,” the press release added. “The automotive industry was the second-largest source of new jobs and investment, after advanced manufacturing. In October, state and local officials joined company representatives, including Korean Ambassador to the U.S. Tae-yong Cho, for the groundbreaking of the new Hyundai Motor Group Metaplant America (HMGMA) EV facility, which will support more than 8,100 direct jobs in Bryan, Bulloch, Chatham and Effingham Counties. Three off-site HMGMA suppliers announced locations following HMGMA’s groundbreaking, swiftly surpassing the initial $1 billion in investment predicted to come from such additions.”

Georgia Department of Economic Development (GDEcD) Commissioner Pat Wilson also released a statement about the economic progress.

“Decades of experience in listening to companies and working alongside them to solve challenges that bolster goals for long-term success make Georgia a best bet for business. Proven solutions such as our best-in-class job training program Georgia Quick Start and our GRAD certified sites that support accelerated project timelines speak directly to the most important hurdles many companies face today,” said Wilson. “Beyond that, Georgia is combining the resources and talent of local, state, and international partners to drive innovation and create meaningful economic impact. We are thankful to all of our partners for their continued efforts to support statewide job creation. Our collaborative spirit in economic development makes Georgia unique and is vital to success in our communities.”

D & B Staff

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