CEO Guide to Site Selection

Georgia

BIG DEALS IN THE PEACH STATE

The fiscal year 2022 was another record year for economic development and job creation in Georgia, according to the Department of Economic Development. Investments and job creation were 94% and 53% above prior economic development records, respectively. In 2021, the state also set a new export record amounting to $42.36 billion. Among several notable investments in 2022 was Hyundai’s groundbreaking on a $5.5 billion electric vehicle factory near Savannah. The project is the largest in the state’s history and is expected to create 8,000 new jobs.

“All across Georgia, communities are celebrating record-breaking jobs and investment. As the number one state to do business for an unprecedented nine years, we’re attracting the types of jobs and opportunities that benefit families and their neighborhoods for generations. We’ll continue to recruit diverse industries that build on each other’s strengths so that we remain a destination state for job creators for years to come.”
Brian P. Kemp
Governor

TAXES

0 %

top corporate income tax

# 0

on the Tax Foundation’s State Business Tax Climate Index ranking

EDUCATION

0 %

of adults 25 years of age and older graduated high school

0 %

of adults age 25 and older have a bachelor’s degree or higher

UNEMPLOYMENT RATE

0 %

RIGHT TO WORK STATE

Yes

QUALITY OF LIFE

# 0

POPULATION GROWTH

0 %

increase between 2010 and 2020

KEY INCENTIVES

Job Tax Credit: Offers a tax credit of between $1,250 and $4,000 per year for five years for every new jobs created.

Port Tax Credit Bonus: Offers a tax credit for companies that increase imports or exports through a Georgia port by 10% for base port traffic amount that equals at leastTEU units.

Quality Jobs Tax Credit: Offers a credit of $2,500 to $5,000 per new job annually for companies that create 50 jobs that pay at least 10% above the average wage of the county.

R&D Tax Credit: Offers a tax credit for research and development activities, including lab work, prototyping products or processes, or conducting tests on new manufacturing equipment.

EDCs

Georgia Department of Economic Development
georgia.org

Invest Atlanta
investatlanta.com

Greater Columbus Georgia Chamber of Commerce
choosecolumbusga.com

Savannah Economic Development Authority
seda.org

HIGHLIGHTED PROGRAM OR INITIATIVE

The Georgia Center of Innovation, an arm of the Georgia Department of Economic Development, is continually growing and helps businesses clear a path to innovation with expert advice and resources. It offers a wide range of services and programs to businesses and connects them to staff members, external partners and mentors in many industries, including aerospace, agtech, energy technologies and logistics.

BIG DEALS

  • Carvana announced in February 2022 an expansion that will create 3,500 jobs in Atlanta.
  • Duluth Trading Company announced in August 2022 a $53 million distribution center and 300 new jobs in Adairsville.
  • Profile Products announced in September 2022 plans to establish operations in Jasper County. The $35 million project will create 80 jobs.
  • Solvay Specialty Polymers in Augusta received a $178 million grant in October 2022 to boost the electric battery supply chain. The project will create 600 jobs.
  • NewCold announced in October 2022 it will build a $333 million distribution facility and create 170 jobs in Henry County.
  • Hyundai Motor Group broke ground in October 2022 on a $5.5 billion electric vehicle factory near Savannah. The project, the largest in state history, will create 8,000 jobs.

BIG COMPANIES

19 Fortune 500 companies headquartered in state, including:

  • Coca-Cola
  • Aflac
  • Delta Air Lines
  • Home Depot
  • Mohawk Industries
  • Genuine Parts
  • WestRock
  • PulteGroup
  • United Parcel Service
Roundtable

Strategic Planning Workshop

1:00 - 5:00 pm

Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process

Executives expressed frustration with their current strategic planning process. Issues include:

  1. Lack of systematic approach (70%)
  2. Laundry lists without prioritization (68%)
  3. Decisions based on personalities rather than facts and information (65%)

 

Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns.  They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning.  Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process.  This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented.  If you are ready for a Strategic Planning tune-up, select this workshop in your registration form.  The additional fee of $695 will be added to your total.

To sign up, select this option in your registration form. Additional fee of $695 will be added to your total.

New York, NY: ​​​Chief Executive's Corporate Citizenship Awards 2017

Women in Leadership Seminar and Peer Discussion

2:00 - 5:00 pm

Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations. 

Limited space available.

To sign up, select this option in your registration form. Additional fee of $495 will be added to your total.

Golf Outing

10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS

General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.

The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.

To sign up, select this option in your registration form. Additional fee of $295 will be added to your total.