Governor Brian P. Kemp announced that Georgia has set a new record for economic development investments in Fiscal Year 2025. The Georgia Department of Economic Development (GDEcD) reported that from July 1, 2024, to June 30, 2025, its Global Commerce team supported 423 facility expansions and new locations. These projects represent more than $26.3 billion in investment and are expected to create 23,200 new private-sector jobs over the next few years.
“Georgia has been the No. 1 state for business for over a decade because of our unmatched ability to attract new companies and create an environment where existing employers can grow and thrive,” said Governor Brian Kemp. “Today’s numbers are just the latest confirmation that our partnership approach and the hard work of our incredible economic development team are delivering results for Georgians that will pay off for generations. I also want to thank our partners in the legislature, whose support makes it easy to promote Georgia to both current and prospective employers.”
Expansions at existing companies made up about three-quarters of all projects this year, adding to an estimated 50,000 jobs already employing Georgians.
“Today’s record breaking announcement would not be possible without support from this Administration, legislature, and businesses investing in Georgia’s workforce and future,” said Lt. Governor Burt Jones. “We continue to invest in workforce programs to ensure a steady talent pipeline with our existing industry partners: the University System of Georgia, the Technical College System of Georgia, College Career Academies, and other stakeholders. These investments and initiatives will ensure we have a workforce that is growing and able to meet skillsets for jobs of today and tomorrow.”
Most expansions and new locations—77%—were outside the Atlanta metropolitan area. However, Metro Atlanta continued as a major business hub with companies such as TriNet, A.I.G., CRH, Duracell, and Mercedes-Benz establishing or expanding operations there.
“Here in Georgia, our leaders have consistently prioritized fostering collaborative partnerships and making strategic investments that strengthen our opportunities for growth in every corner of the state,” said Speaker Jon Burns. “From our ports at Savannah and Brunswick, extensive rail network, and vast energy infrastructure to our world-class roads, bridges, and highways—doing business here in Georgia is easy, affordable, and accessible. The House looks forward to continuing to work alongside Governor Kemp and the Senate to keep Georgia the best place for business for generations to come.”
International investment played a significant role as well; more than 6,500 jobs came from international companies choosing or expanding their presence in Georgia. The leading sources were South Korea (Republic of Korea), Japan, and Canada.
International firms committed over $3 billion in investments during FY25; most (64%) went toward expanding within the state rather than opening entirely new facilities. Notable international projects included Irving Tissue’s expansion in Macon; GreenBox Systems’ new location in Butts County; and KISS USA’s expansion in Bryan County.
“Over the last decade, Georgia has achieved sustained, steady growth in job creation,” said GDEcD Commissioner Pat Wilson. “Our stable, reliable business climate gives companies the confidence to plan for the long term. Whether a company is new to Georgia or already here, domestic or international, the question is no longer if they’ll expand in Georgia – but when.”
Georgia continues its top ranking as “No. 1 state for business” by Area Development magazine—a position held for more than ten years.
The state is investing over $18 million through its Rural Site Development Initiative aimed at preparing industrial sites across rural communities by supporting site improvements under programs like “Georgia Ready for Accelerated Development” (GRAD). There are now more than 70 certified GRAD sites statewide.
“By investing in site development today, we’re preparing Georgia for the opportunities of tomorrow,” said Deputy Commissioner of Global Commerce Misti Martin. “Programs like the Rural Site Development Initiative and our site-readiness certification help communities attract new jobs and investment by offering speed-to-market solutions that meet the needs of growing companies. This work keeps Georgia competitive, forward-looking, and ready for what’s next.”
Further details on these economic development projects can be found at georgia.org/newsroom.
