ATLANTE – September 28, 2022 – Governor Brian P. Kemp today announced that Georgia has been nominated by Area development magazine as the No. 1 state for business for the ninth consecutive year. No other state has earned this distinction for so many years. Governor Kemp was joined by executives from Kia Georgia, Bridgestone Golf and Char-Broil’s parent company, WC Bradley Corporation, as well as members of the General Assembly, local and state economic developers and local officials from Kia’s West Point training center to make the announcement.
“We are honored to once again accept the title of ‘Top State for Business’ from Area development for an unprecedented ninth consecutive year,” said Governor Kemp. “This is just the latest confirmation that our partnership approach, conservative governance and dedication to saving lives and livelihoods during the pandemic were the right choices for the people of Georgia. With our world-class infrastructure, our award-winning workforce training programs, a business-friendly environment and most importantly our Georgian workers, Peach State is a national leader in the assets job creators look for when deciding where start, grow and maintain a successful business.”
The executive publication’s annual survey of approximately 50 leading site consulting firms across the United States considers 13 different factors in making this coveted decision. In addition to Best Overall State, Georgia earned a Ranked No. 1 for the thirteenth consecutive year for its workforce development program, Georgia Quick start. The state also scored highest in six additional categories, including cost of doing business, cooperative and responsive state government, competitive work environment, and available real estate. Georgia is tied for first place in terms of energy availability and costs.
“It’s no surprise that Georgia is ranked #1 for the ninth straight year by experienced localization consultants,” said Area development Publisher Geraldine Gambale. “Georgia’s state and local economic developers have always worked together to guide businesses through the localization process and keep them in business for years to come.”
Area development The 2022 Best States to Do Business results reflect the rankings that states receive based on scores in the following categories: Overall Cost of Doing Business, Cooperative and Responsive State Government, Conducive Regulatory Environment, Tax Environment for Business, business incentives, competitive work environment, workforce development programs, logistics and infrastructure, access to capital and project finance, available real estate, energy availability and costs , timeliness of permitting and site preparation programs. Georgia ranked in top 10 for all 13 categories.
“Georgia’s continued focus on business and workforce-centric policies has, once again, resulted in our state being ranked #1 in the nation by Area development magazine for the ninth consecutive year”, said Lieutenant Governor Geoff Duncan. “With an unparalleled business climate, Georgia has received a major influx of investment from small and large businesses in recent years, resulting in one of the lowest unemployment rates in history. of our state. This achievement would not have been possible without the leadership of Governor Brian Kemp and our great team at the Georgia Department of Economic Development who will continue to promote our state as the best state in the nation to do business.”
“Georgia’s continued acclaim as the nation’s #1 state for business shows that we care about expanding opportunities for all Georgians,” said Chairman David Ralston. “Together with Governor Kemp, our General Assembly remains focused on pro-business policies such as lowering taxes and encouraging investment. These policies are helping to create private sector jobs across our state and to put Georgians to work. I thank all of the public and private partners who work with us to keep Georgia the envy of the nation.”
“Winning the No. 1 State for Business title for nine consecutive years is an incredible achievement, which I attribute to Georgia’s collaborative spirit and our strong relationships with public and private partners,” said Pat Wilson, Commissioner of the Georgia Department of Economic Development (GDEcD). “While our mission itself is simple – to create the jobs and opportunities of the future in every corner of the state – it’s a huge undertaking for any team. Our combined efforts have made Georgia a attractive place for domestic and international businesses seeking growth. We are grateful for the support of Governor Kemp, the Georgia General Assembly, and our local communities; and thank you to the hundreds of businesses that over the past year only, have chosen to create the jobs of the future in our state.”
This recognition follows Governor Kemp’s announcement that the state broke economic development records in fiscal year 2022. During this period, investments in expansions and new locations totaled more than $21.2 billion and 51,132 jobs have been created in the state through 358 projects supported by GDEcD’s Global Commerce. team between July 1, 2021 and June 30, 2022. These numbers include the two largest projects in state history – Rivian and Hyundai Motor Group – which totaled more than $10.5 billion in investments and 15,600 new jobs when combined.
About Zone Development
Founded in 1965, Area development is considered the leading executive magazine covering corporate site selection and relocation. Editorial coverage provides valuable insight into the factors, key issues, and criteria that influence a successful decision. Area development is published quarterly and also operates a website that receives over one million visitor hits per year.
The Georgia Department of Economic Development (GDEcD) is the commercial and marketing arm of the state, the primary agency for attracting new business investment, encouraging the expansion of industry and existing small businesses, locating new markets for Georgian products, attracting tourists to Georgia and promoting the state as a destination for the arts and a place for film, music and digital entertainment projects, as well as planning and mobilizing state resources for the economic development. Visit www.georgia.org for more information.