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Economic development

Georgia Breaks New Record in Economic Development Investments

Strategic Insights

— 2 min read

Governor Brian P. Kemp, in conjunction with the Georgia Department of Economic Development (GDEcD), announced that the state has seen another year of steady growth for business recruitment and expansions in Fiscal Year 2025. The GDEcD's Global Commerce team supported 423 facility expansions and new locations, representing more than $26.3 billion in investment and 23,200 new private-sector jobs over the next few years.

Key Takeaways:

  • The investments are a new record, exceeding the previous year's total by over $10 billion, with 74% of projects being expansions at existing Georgia companies.
  • The 423 facility expansions and new locations supported by GDEcD's Global Commerce team are expected to bring in 23,200 new private-sector jobs over the next few years.
  • The investments were led by companies like TriNet, A.I.G., CRH, Duracell, and Mercedes-Benz, which established or expanded key corporate functions in the Atlanta region.
  • Georgia's business-friendly environment supports opportunity in every corner of the state, with 77% of all expansions and new locations occurring in communities outside the 10-county Atlanta region in FY25.
  • International companies expanding or locating in Georgia committed to more than $3 billion in investment, with 64% slated for expansions within the state.
  • Notable international investments include Irving Tissue's expansion in Macon, GreenBox Systems' new location in Butts County, and KISS USA's expansion in Bryan County.
  • Georgia is investing over $18 million to help rural communities prepare new industrial sites through the Rural Site Development Initiative, a program that includes more than 70 certified sites.

Statistics:

  • $26.3 billion: The total investment in expansions and new locations in FY25.
  • 423: The number of facility expansions and new locations supported by GDEcD's Global Commerce team in FY25.
  • 74%: The percentage of projects that were expansions at existing Georgia companies.
  • 23,200: The number of new private-sector jobs expected to be created over the next few years.
  • 6,500: The number of new jobs from international companies expanding or locating in the U.S.
  • $3 billion: The total investment committed by international companies expanding or locating in Georgia.
  • 64%: The percentage of international investments slated for expansions within the state.
  • 50,000: The estimated number of jobs already employing Georgians in existing companies that expanded in FY25.
  • 10 years: The number of years that Georgia has been ranked the No. 1 state for business by Area Development magazine.
  • $18 million: The amount invested by the state to help rural communities prepare new industrial sites through the Rural Site Development Initiative.
  • 70: The number of certified sites included in the "Georgia Ready for Accelerated Development" (GRAD) Program.

Sources:

  • Gov. Brian P. Kemp, Press Release, "Economic Development Investments Break New Record" (Sept. 15, 2025).
  • Georgia Department of Economic Development (GDEcD), "FY25 Economic Development Report" (Sept. 15, 2025).

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