Georgia reported record-breaking economic development investments for Fiscal Year 2025, according to an announcement from Governor Brian P. Kemp and the Georgia Department of Economic Development (GDEcD). Between July 1, 2024, and June 30, 2025, GDEcD’s 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.”
Most of these projects—74%—were expansions at existing Georgia companies, building on an estimated base of 50,000 jobs already employing residents across the state.
“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.”
The report shows that economic growth is spread throughout Georgia; 77% of all expansions and new locations occurred outside the core Atlanta region during FY25. However, Metro Atlanta remains a significant business hub with companies such as TriNet, A.I.G., CRH, Duracell, and Mercedes-Benz establishing or expanding key corporate functions 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 also played a role in this year’s figures. More than 6,500 new jobs were created by international companies expanding or locating operations in Georgia. The top sources were South Korea (Republic of Korea), Japan, and Canada. International firms committed over $3 billion in investment—with most funds directed toward expansions within the state—and included projects like 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 streak as Area Development magazine’s top-ranked state for business—a position it has held for more than ten years.
The state is investing over $18 million through its Rural Site Development Initiative aimed at preparing rural communities with improved industrial sites ready for future business needs. These grants help add locations into its “Georgia Ready for Accelerated Development” (GRAD) Program which now features more than 70 certified sites.
“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 about these economic development projects can be found at georgia.org/newsroom.
