State officials are celebrating an increase in job creation in fiscal year 2013.
Gov. Nathan Deal announced that the state’s most recent fiscal year saw a 10 percent increase in job growth. Statistics from the Georgia Department of Economic Development show 389 companies expanded or announced locations, generating 31,656 jobs and $6.07 billion in investment.
“These outstanding results indicate that Georgia is already perceived by companies large and small as the No. 1 place for business,” Deal said. “But we will not rest on those laurels. We will continue to cultivate a healthy, resourceful business environment that will attract the corporate expansion activity so important to providing greater opportunities for our citizens.”
The record came despite a high in fiscal year 2012, when Caterpillar and Baxter made big announcements for the state.
About two-thirds of the economic development projects were expansions of existing businesses, while 34 percent represented companies investing in Georgia for the first time, a press release said.
“The previous fiscal year included several enormous projects, including Caterpillar and Baxter, that set a very high bar for the department,” said Commissioner Chris Carr, of the Georgia Department of Economic Development. “I’m proud that the hard work by our entire team, in collaboration with our many partners, enabled us to surpass that benchmark with even more job creation and investment.”