“The strategic location near prominent cities like Savannah and Macon, facilitating convenient access, played a pivotal role in our decision-making process. Looking ahead to future expansion prospects, we deemed Metter to be an ideal location in anticipation of its role as a global electric vehicle production hub thanks to its close proximity to Hyundai Motor Group Metaplant America.”
4,560
Jobs created in 3rd quarter
$7.6
Billion dollars in capital investment
Third quarter results proved it’s another historic year in the making with 88 project locations so far, the most on record for the first nine months of the year!
While the automotive parts suppliers continue to locate in support of the electric vehicle manufacturing companies, the third quarter actually saw over half of job creation (52%) and capital investment (60%) coming from the non-manufacturing sector thanks to growth in metro Atlanta at Morgan Stanley and data center investment. The food processing sector also saw growth across the state from probiotic beverage manufacturing at Yakult in Cartersville to bakery products at CJ Foodville in Gainesville and a state-of-the art agricultural operation at 4 Fungi's Regenerative in Metter.
The third quarter also proved to be historical as Georgia Power achieved 25 years as a Top Utility in Economic Development.
Companies Creating 125+ Jobs in Georgia in the 3rd Quarter
Click on the industry title to explore what makes Georgia great for businesses locating or expanding in this field.
Fortune 500 Companies
Morgan Stanley - 1,800 jobs - Alpharetta (financial services firm)
Automotive Industry
Hyundai & LG Energy Solutions (LGES) - 400 jobs - Ellabell (battery cell manufacturing joint venture)
DAS Corp - 300 jobs - Metter (automotive seat structure manufacturing)
Kia Motors - 193 jobs - West Point (all-electric 2024 EV9 SUV assembly)
NVH Korea - 160+ jobs - Locust Grove (EV battery parts manufacturing)
Daesol Ausys - 140+ jobs - West Point (motor and electric vehicle interior components and accessories)
Food Processing Industry
CJ Foodville - 285 jobs - Gainesville (bakery and food processing facility)
Other Top Industries
Hilton - 150 jobs - Rising Fawn (Cloudland at McLemore hotel resort)
Pratt Industries - 125+ jobs - Warner Robins (recycled paper and packaging production facility)
“We’re very honored to be coming to Warner Robins and we’re committed to the great State of Georgia – in fact, Georgia is where our company began...Georgia has substantially grown its role as a regional hub for supporting businesses and manufacturing needs across the Southeast.”
Anthony Pratt, Global Executive Chairman for Pratt Industries
*Total jobs and capital investment estimates from project announcements made in partnership with the State of Georgia Department of Economic Development. These may not include all projects and are subject to change as yearly totals continue to be reported from businesses.
Georgia's 2nd Quarter 2023 Growth
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Georgia's 2023 Locations & Growth
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