News Summary
Georgia has reached a milestone by securing $26.3 billion in investments, marking a record achievement for the state. This influx is anticipated to create approximately 23,300 new private-sector jobs. Throughout the year, the state saw 423 facility expansions, with 74% stemming from existing businesses. Notably, 77% of these investments occurred in rural regions outside of Atlanta, indicating significant economic activity across the state. The success was bolstered by international investments exceeding $3 billion, particularly from countries like Korea, Japan, and Canada.
ATLANTA – Georgia has achieved a historic milestone by attracting a staggering $26.3 billion in investments for the fiscal year that ended on June 30, 2025. This incredible figure marks a record for the state, solidifying its reputation as the No. 1 place to do business in the country. The investments are expected to generate approximately 23,300 new private-sector jobs in the coming years, as reported by Governor Brian Kemp.
Throughout the fiscal year, Georgia witnessed 423 facility expansions and new projects, with a notable trend that 74% of the growth originated from companies already operating within the state. This indicates a strong foundation of established businesses that continue to thrive and expand. Interestingly, while Atlanta is well-known for its vibrant business environment, 77% of the projects occurred outside the metro Atlanta area, highlighting significant economic activity in rural and regional communities.
International investments played a crucial role in this record-breaking success, with major international companies contributing over $3 billion. These investments are projected to create around 6,500 jobs. Notable contributions came from firms based in the Republic of Korea, Japan, and Canada, with an encouraging 64% of these projects being expansions of existing operations.
In line with its commitment to fostering economic growth, Georgia is allocating $18 million to its Rural Site Development Initiative. This initiative aims to prepare industrial sites in underserved areas for future development, ensuring that growth is inclusive and widespread across the state.
Government Support and Future Prospects
Governor Kemp has expressed confidence in these developments, believing that they will yield long-term benefits for Georgia’s economy. State lawmakers are also dedicated to working collaboratively with the Governor’s administration to sustain the momentum of economic growth. This includes improving crucial infrastructure such as ports, railways, and energy systems, which are essential for supporting expanding businesses.
Additionally, Lt. Gov. Burt Jones emphasized the importance of investing in workforce programs to create a skilled labor pipeline that aligns with current and future job demands in the state. As the labor market continues to evolve, ensuring that Georgia’s workforce is equipped with the necessary skills will be vital for maintaining the state’s competitive edge.
Background Context
Georgia’s rise as a premier business destination can be traced back to a combination of favorable tax policies, a strategic geographic location, and a strong emphasis on workforce development. These factors have attracted a diverse range of industries, from technology and manufacturing to logistics and agriculture. The state’s ongoing commitment to infrastructure improvement and support for businesses, particularly in rural areas, has only strengthened its position in the national economic landscape.
As the state continues to draw record levels of investment, its leaders remain optimistic about the future. The collaborative efforts between government officials, businesses, and community stakeholders are expected to propel Georgia towards further economic achievements, ensuring that it remains a thriving hub for both established and new businesses.
Deeper Dive: News & Info About This Topic
- WJCL
- Wikipedia: Economic Development
- WGAU Radio
- Google Search: Georgia economic development 2025
- WGR News
- Google Scholar: Georgia business investments
- AJC
- Encyclopedia Britannica: Georgia economy
- The Georgia Virtue
- Google News: Georgia economic development
Author: STAFF HERE AUGUSTA WRITER
AUGUSTA STAFF WRITER The AUGUSTA STAFF WRITER represents the experienced team at HEREAugusta.com, your go-to source for actionable local news and information in Augusta, Richmond County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Arts in the Heart Festival, Westobou Festival, and Masters Week. Our coverage extends to key organizations like the Augusta Metro Chamber of Commerce and Greater Augusta Arts Council, plus leading businesses in manufacturing and healthcare that power the local economy such as Textron Specialized Vehicles, Cardinal Health, and Nutrien. As part of the broader HERE network, including HEREAtlanta.com and HERESavannah.com, we provide comprehensive, credible insights into Georgia's dynamic landscape.
