Capital: Atlanta
Capital: Atlanta
Population (2005): 9,072,576
Gross State Product (2005): $364.3 billion
GSP per Capita (2005): $31,121
Stable tax policy – 6% corporate income tax unchanged since 1969.
Trade
- Georgia’s business community includes over 1,300 international facilities from 44 countries, employing approximately 107,000 Georgians. With a record $20.6 billion in exports in 2005, and $47.90 billion in imports, Georgia is now the 13th largest exporting state in the nation.
- More than 9,300 Georgia businesses export
- 83% of these companies are small/medium-sized
- Export-supported employment accounts for 1 of every 19 private sector jobs in Georgia.
- There are 17 Fortune 500 companies and 32 Fortune 1000 companies headquartered in Georgia, ranking Georgia as the third largest location of Fortune 500 headquartered companies in the United States.
- Georgia is home to global companies such as Coca-Cola, Delta Air Lines, Equifax, The Home Depot, AFLAC, Ciba Vision, Earthlink and United Parcel Service (UPS).
- 1,309 Internationally owned business operations
- 534 International manufacturers
- 69 Consulates, trade offices, and honorary consulates
- 33 Bi-national chambers of commerce
- 60 Countries represented
Top Industries:
- Agricultural: poultry and eggs, pecans, peaches, peanuts, rye, cattle, hogs, dairy products, turfgrass, and vegetables.
- Industrial: textiles and apparel, transportation equipment, minerals and timber, food processing, paper products, chemical products, electric equipment.
- Textile industry is located around the cities of Rome, Columbus, Augusta, and Macon.
- Major products in the mineral and timber industry include a variety of pines, clays, stones, and sands.
- Strategic: Aerospace, Agribusiness, Energy & Environment, Healthcare & Eldercare, Life Sciences, and Logistics & Transportation.
- Atlanta is also a leading center of tourism, transportation, communications and government.
- Georgia welcomes approximately 47 million visitors per year, 650,000 of them being international visitors.
- Hartsfield-Jackson Atlanta International Airport has been named the world’s busiest passenger airport for the last five consecutive years and has the largest passenger terminal complex in the world. It was named one of the world’s most efficient airports in 2006 (ATRS Global Airport Benchmarking Task Force).
o Non-stop flights to 180 destinations within the U.S.
o 80% of the U.S. population within a two-hour flight.
o Non-stop international flights to 55 commercial capitals of the world.
- In 2005, both Atlanta and Savannah ranked in the top 50 logistics-friendly cities in the U.S. In 2006. Atlanta was named in the top three of “America’s Hottest Cities” for expanding companies (Expansion Management magazine).
o Largest rail network in the Southeast U.S
o Rail lines & highways converge in Georgia
o Over 100 truck lines
o Two deepwater ports:
Savannah
Brunswick
o Served by over 100 lines of steamships
- Georgia has 54 public and private universities and 34 technical colleges & universities.
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