More than $20B was invested in Georgia businesses last year. Most is in rural areas. Thu, Aug 29, 2024, 3:19 PM GMT+2 2 min read 0 [Yahoo! Finance]
TOYOTA INDUS CRP UNSP/ADR (TYIDY)
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Source: Yahoo! Finance
The state Department of Economic Development's Global Commerce team Thursday reported more than $20.3 billion in investment Georgia during the last fiscal year, with 429 facility expansions and new locations creating 26,900 new private-sector jobs. More than 18,300 of those jobs representing $12.5 billion in investment came outside the 10-county Atlanta region, accounting for 83% of expansions and new locations. Growing the economy in rural Georgia reflects a priority of Gov. Brian Kemp since he first ran for governor back in 2018, Kemp told Capitol Beat in an exclusive interview. “That's making sure we have regional opportunities rural Georgians could take advantage of without having too long a commute,” Kemp said. “It's really paid off.” The governor cited the huge “Metaplant” Hyundai Motor Group is building in Bryan County west of Savannah as a prime example of the job opportunities in the pipeline for areas outside metro Atlanta. The electric-vehicle manufacturing plant n
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