GEORGIA HAS NO 1 BUSINESS CLIMATE FOR 2013
This will continue to bode well for our industry as business’ are attracted to our State:
Economic development trade publication Site Selection magazine has ranked Georgia’s business climate the nation’s best, Gov. Nathan Deal announced Monday.
“For three years, I’ve said I wouldn’t stop until we got to the top, and I haven’t,” the governor declared during a news conference at the Capitol. “Even in light of today’s announcement, we’re not going to stop. We’re just beginning.”
Flanked by Georgia political and business leaders, Deal credited Georgia’s selection as the top state in which to do business to a number of factors, including tax reforms enacted by the General Assembly, attractive financial incentives to lure corporate prospects, a quality work force, low electric rates and such logistical advantages as the world’s busiest airport in Atlanta and fourth-busiest port at Savannah.
Mark Arend, Site Selection’s editor in chief, said Georgia’s No.-1 status was not an anomaly. The Peach State was No. 4 in 2012.
“Georgia is a regular top finisher in our annual analysis of state business climates, with five Top Ten placements in the last five years,” Arend said. “Executives at companies investing there regularly point to its many logistics advantages, cutting-edge workforce training programs, particularly Quick Start, and proactive economic developers on the state and local levels who understand the business requirements of today’s capital investors.”
The magazine releases its annual rankings each November, basing its research on a survey of corporate real estate executives, an index of tax burden criteria according to the Tax Foundation and KPMG’s Location Matters analysis, and the states’ performance in Conway Data’s New Plant Database, which tracks new and expanded business facility activity
Source: – Atlanta Business Chronicle