Georgia Receives Top Business Ranking for Record-Breaking Seventh Straight Year
Thursday, November 7th, 2019
Governor Brian P. Kemp today announced that Georgia’s business climate has been named No. 1 in the nation by Site Selection Magazine, an internationally circulated business publication covering corporate real estate and economic development, for the seventh year in a row. Georgia is the only state that has received the distinction seven consecutive times in the history of Site Selection’s rankings. Governor Kemp made the historic announcement at the Georgia Cyber Center in Augusta, Georgia.
“I am incredibly proud that Georgia has received the No. 1 ranking from Site Selection for the seventh year in a row,” said Governor Kemp. “From day one of my administration, we have been laser-focused on creating opportunities for hardworking Georgians in every corner of the state. Our efforts to cut burdensome regulations, continue developing a world-class workforce, and market all regions of the Peach State through the formation of a Rural Strike Team have not gone unnoticed, and this announcement affirms that.
"The nation’s leading site consultants see opportunity for growth across our state. Our top-ranked workforce development initiatives – combined with a conservative, pro-business policy approach, world-class higher education system, and a logistics network that puts the global economy within arm’s reach – make Georgia a top competitor for investment from businesses large and small – across the country and around the world. I am proud of the work that we have done, but it does not stop here. We will continue raising the bar and working with our economic development partners in the public and private sectors to ensure that Georgia stays the best place in the nation to live, work, and raise a family.”
Site Selection releases its Top State Business Climate rankings each November. The rankings are 50 percent based on objective criteria and 50 percent on the input received from a survey of independent site location experts who are asked to rank and explain their choice.
“Our readers are keenly interested in our annual state business climate ranking, because they seek locations with the greatest prospects for success,” said Mark Arend, editor-in-chief of Site Selection. “Georgia’s seventh consecutive Top State Business Climate win reminds them that a Georgia location will contribute to their productivity and profitability long term.”
Georgia has long received recognition from leading companies and site consultants for its attractive business climate. The state’s workforce training program, Georgia Quick Start, is the top-ranked program in the United States. Logistics hubs like the Port of Savannah and Hartsfield-Jackson Atlanta International Airport connect businesses to their consumers far and wide, and the state’s pro-business policies make Georgia a competitive option for companies looking to locate or expand. In Fiscal Year 2019 alone, the Georgia Department of Economic Development supported the creation of nearly 29,000 new jobs through the location of 332 projects, 74 percent of which were located outside of metro Atlanta.
“We are thrilled that Georgia’s business climate has once again been named No. 1 by Site Selection,” said GDEcD Commissioner Pat Wilson. “Under Governor Kemp’s leadership, our partnership approach to economic development has enabled us to maintain a competitive edge in attracting new business and expanding our existing industries.
"Our world-class team at the Georgia Department of Economic Development is proud to work with our economic development partners throughout the state to make record-breaking achievements like this possible. We look forward to joining with Governor Kemp to continue spreading hope and creating opportunities for all Georgians in the years to come.”
Site Selection Magazine joins Area Development Magazine in naming Georgia the top state for business for 2019 - the seventh and sixth straight year, respectively, that both publications have awarded Georgia the ranking.
Read more about recent economic development announcements at the Georgia Cyber Center.