Georgia: Fruitful Projects Push the Peach State Through Challenging TimesBusiness experts in the state are optimistic about recovery, led by investments in the aerospace and automotive sectors. More |
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Clean Energy, Green EconomyRenewable energy stands poised to create opportunities across the country. More |
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2009 Gold & Silver Shovel AwardsArea Development’s annual Gold and Silver Shovel Awards recognize states for their achievements in attracting high-value investment projects that will create a significant number of new jobs in their communities. More |
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Logistics, Distribution & Warehousing 2009 Location ProfilesThe following locations are especially suited to warehousing and distribution operations. More |
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NEWS ITEMS
AROUND THE WEB
NEWS ITEMS
AROUND THE WEB
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LABOR FORCE: 4,920,837 (2007 estimate)
RIGHT TO WORK: YesTRADITIONAL INDUSTRIES: Agriculture, manufacturing, health and business services
EXPANDING INDUSTRIES: High-tech electronics manufacturing, research and development, services, pharmaceuticals, automotive, aerospace, distribution/ logisticsCOLLEGE GRADUATES: (Age 25 and over) 27.1%
BASIC BUSINESS TAXES:Sales Tax: 4 percent; some counties levy an additional 1 to 3 percent local sales tax
Property Tax: Millage rates vary by county and city and currently range from 14.23 to 51.25 mills per $1,000 of fair market value; the average millage rate is 31.1BUSINESS INCENTIVES:
Taxable and tax-exempt industrial development bonds
Business Development Corp. of Georgia (loans)
Venture capital
Advanced Technology Development Center
Business Loan Guarantee Program
Regional Revolving Loan Fund
Agribusiness Loan Program
Business and Industrial Loan Program
Quick Start (job training)
34 technical colleges
Entrepreneur and small business development tax incentives
Film/Multimedia Tax Credits
Job Tax Credits and Investment Tax Credits
Headquarters Tax Credit
Ports Activity Tax Credit
Inventory tax exemptions
Enterprise zones
Foreign-trade zones
Loans for rural industry
Export Finance Fund
R&D Tax Credits
State of Georgia Tobacco Settlement Fund (One Georgia)