Georgia earns top business ranking for eighth consecutive year

Another record for the state
Atlanta, GA – Gov. Brian Kemp was at the Bridgestone Golf headquarters in Covington Thursday morning for a tour of the company headquarters and research and development facility and used the occasion to announce that for the eighth straight year Georgia was named No. 1 state for doing business by Site Selection magazine.

“I’m so proud that Georgia has earned this top business distinction for a record-setting eight years, and it is an honor to accept this award from Site Selection magazine,” Kemp said in a press release following the announcement. “Our top-notch workforce development programs and pro-business environment, along with our strong logistics infrastructure, have further solidified the Peach State as the best place in the nation to live, work, raise a family, and start or grow a business. I thank our partners in both the public and private sectors, our world-class economic development team, and the hardworking Georgians throughout the state who helped us beat our own record with this unprecedented achievement.”

The site was chosen to coincide with the teeing off at the Masters Golf Tournament in Georgia as the world’s top golfers gather to compete for the Green Jacket. In 2019, Georgia became the only state to earn this distinction seven consecutive times in the history of Site Selection’s rankings and has gone on this year to again shatter that record. The Governor was presented with golf balls stamped #1 State in honor of the distinction.

According to the press release, the publication’s rankings are 50% based on an index of seven criteria and 50% on the input received from a survey of independent site location experts who are asked to rank states based on their recent project experiences. North Carolina was also named #1 State Ranking, sharing this distinction with Georgia.

“Our readers are keenly interested in our annual state business climate ranking, because they seek locations with the greatest prospects for success,” Site Selection Editor Mark Arend said. “Georgia’s eighth consecutive Top State Business Climate win reminds them that a Georgia location will contribute to their productivity and profitability long term.”

In a survey published with the rankings, workforce skills was the key criteria to site selectors for the fifth consecutive year, with workforce development programs coming in second place. Transportation infrastructure, ease of permitting and regulatory procedures, along with state and local taxes completed the top five issues of importance to the process.

President and CEO of Bridgestone Golf Dan Murphy hosted Governor Kemp, alongside First Lady Marty Kemp, and members from both the Georgia Department of Economic Development (GDEcD) and Site Selection magazine in a joint celebration with Bridgestone Golf’s 30th anniversary in Covington. The Georgia Made™ company employs nearly 160 Georgians and continues to make new investments in research and development with Tiger Woods and Bryson DeChambeau re-signing contracts to work with the company.

“Georgia’s success is thanks to a long, proven track record of our state doing things the right way,” GDEcD Commissioner Pat Wilson said in the release. “Whether entering or expanding in Georgia, it’s our goal to give every company we work with the peace of mind they need to know that they will have a long-term partner in the state. I want to thank Governor Kemp, Speaker David Ralston, Lieutenant Governor Geoff Duncan, and our General Assembly for the consistent leadership that gives us a competitive edge and the support that helps our entire state find success.”

Area Development magazine recently named Georgia the top state for business for 2020 , a distinction that it has bestowed on the state for seven consecutive years. Earlier this week, Kemp noted that Georgia remains on a record pace for economic development investments and job creation in the state during fiscal year 2021, increasing investments by 56% and jobs by 45% compared to the same time frame last year.
About GDEcD

The Georgia Department of Economic Development (GDEcD) is the state’s sales and marketing arm, the lead agency for attracting new business investment, encouraging the expansion of existing industry and small businesses, locating new markets for Georgia products, attracting tourists to Georgia, and promoting the state as a destination for arts and location for film, music and digital entertainment projects, as well as planning and mobilizing state resources for economic development. Visit www.georgia.org for more information.

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