Georgia Chron - Georgia: Gov. Kemp: Economic Development Investments Break New Record

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ATLANTA ~ In a recent press release, Governor Brian P. Kemp and the Georgia Department of Economic Development (GDEcD) announced another successful year for business recruitment and expansions in the state. According to the release, between July 1, 2024, and June 30, 2025, GDEcD's Global Commerce team supported 423 facility expansions and new locations, resulting in over $26.3 billion in investment and the creation of 23,200 new private-sector jobs.

Governor Kemp expressed his pride in Georgia's ability to attract new companies and foster an environment for existing employers to thrive. He credited this success to the partnership approach and hard work of the economic development team. The governor also acknowledged the support of the legislature in promoting Georgia as a top destination for businesses.

The majority of projects (74%) were expansions at existing Georgia companies, which will add to the estimated 50,000 jobs already employing Georgians. Lt. Governor Burt Jones praised this achievement as a result of support from the administration, legislature, and businesses investing in Georgia's workforce and future. He highlighted ongoing investments in workforce programs to ensure a steady talent pipeline for current and future industry partners.

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The state's business-friendly environment was evident with 77% of all expansions and new locations occurring outside of the Atlanta region. However, Metro Atlanta remains a top business hub in the Southeast with companies like TriNet, A.I.G., CRH, Duracell, and Mercedes-Benz establishing or expanding key corporate functions there.

Speaker Jon Burns emphasized that Georgia's leaders have prioritized fostering collaborative partnerships and making strategic investments to strengthen opportunities for growth across the state. He highlighted Georgia's extensive infrastructure network as a key factor in making it easy, affordable, and accessible for businesses to operate.

As a global gateway for business, Georgia also attracted over 6,500 new jobs from international companies expanding or locating in the U.S. The Republic of Korea, Japan, and Canada were the top sources of international investments. These companies committed to over $3 billion in investment, with 64% of it going towards expansions within the state.

GDEcD Commissioner Pat Wilson noted that Georgia has achieved sustained, steady growth in job creation over the last decade. He attributed this success to the state's stable and reliable business climate, which gives companies the confidence to plan for the long term. Wilson also stated that whether a company is new to Georgia or already established, domestic or international, the question is no longer if they will expand in Georgia but when.

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Looking towards the future, Georgia remains the No. 1 state for business according to Area Development magazine. To continue this success, the state is investing over $18 million in its Rural Site Development Initiative to help rural communities prepare new industrial sites. These grants support site improvements and add new locations to the "Georgia Ready for Accelerated Development" (GRAD) Program, which now includes more than 70 certified sites.

Deputy Commissioner of Global Commerce Misti Martin highlighted how these investments in site development are preparing Georgia for future opportunities. She stated that programs like the Rural Site Development Initiative and site-readiness certification help communities attract new jobs and investment by offering speed-to-market solutions that meet the needs of growing companies.

To learn more about state-announced economic development projects, visit georgia.org/newsroom. With another successful year under its belt, Georgia continues to solidify its position as a top destination for businesses looking to grow and thrive.

Filed Under: Government, State

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