GEORGIA’S THRIVING BUSINESS · PDF file2013 • Top imported goods from ... More than...
Transcript of GEORGIA’S THRIVING BUSINESS · PDF file2013 • Top imported goods from ... More than...
GEORGIA’S THRIVING BUSINESS COMMUNITY
June 2014
GEORGIA, USA: NATIONAL RECOGNITION
• #1 for doing business (Site Selection, 2013)
• #1 in workforce (CNBC, 2013)
• #2 in infrastructure and global access (Area Development, 2013)
• #2 in entrepreneurial growth over past decade (Kauffman Foundation, 2012)
• #2 in entrepreneurial activity among top 15 U.S. metro areas – Atlanta
metro (Kauffman Foundation, 2012)
• #3 most Fortune 500 company headquarters of all cities in the U.S. –
Atlanta (Fortune, 2013)
• #3 in labor climate (Area Development, 2013)
PRO-BUSINESS ENVIRONMENT:HEADQUARTERS TO GLOBAL COMPANIES
INTERNATIONAL BUSINESS CONNECTIONS:INTERNATIONAL COMPANIES IN GEORGIA, USA
GEORGIA’S SMALL BUSINESS COMMUNITY
• 99% of Georgia companies employ fewer than 500
• 95% of Georgia companies employ fewer than 100
• #2 for largest increases in entrepreneurial activity rates over the past decade
GEORGIA DEPARTMENT OF ECONOMIC DEVELOPMENT
WHO WE ARE: The Georgia Department of Economic Development (GDEcD) is the marketing and sales arm of the state of Georgia
WHAT WE DO: GDEcD strategically delivers economic development throughout the state by:
• Attracting new business investment• Driving the expansion of existing industry and small businesses• Locating new markets for Georgia products• Inspiring tourists from within and outside the state• Promoting Georgia as a top destination for arts events and film,
music and digital entertainment businesses and projects
DIVISION EXAMPLE: Georgia Centers for Innovation
PROFILING ISRAEL AND GEORGIA, USAISRAEL GEORGIA, USA
Population 7.8 million (2014) 10 million (2014)
Population Growth 1.5% (2014) 1.1% (2013)
Unemployment 5.8% (2013) 7.2% (2014)
GDP/GSP $273 billion (2013) $403 billion (2013)
GDP/GSP per capita $36,200 (2013) $42,070 (2012)
GDP/GSP Growth Rate 3.3% (2013) 1.6% (2013)
Labor Force 3.5 million (2013) 4.8 million (2014)
Inflation 1% (2013) 2.1% (U.S., 2013)
GEORGIA: EXPORTS TO ISRAEL FROM 2008-2013
• Exports for past 5 years totaled $912 million
• Top exports to Israel include:• Paper and Paperboard• Energy Machinery and
Equipment• Electrical Machinery and
Equipment• Aircraft and Spacecraft
• Out of the 50 U.S. states, Georgia ranks13th for highest export value to Israel
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GEORGIA: INCREASING IMPORTS FROM ISRAEL
• Totaled $489 million in 2013• Israel ranks 22nd among
Georgia’s top importing nations
• 71.2% increase from 2012-2013
• Top imported goods from Israel include:• Aircraft and space
technology• Medical technology
(optical)• Plastics• Electrical and Sound
Equipment
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GEORGIA, USA: DIVERSE INDUSTRIES
ISRAEL AND GEORGIA, USA: COMMON INDUSTRIES
Aerospace Information Technology
Manufacturing Defense and Security
Chemicals Life Sciences
Plastics Clean Tech (Energy and Environment)
Mining and Minerals Logistics and Transportation
Textiles Cyber Security
Entertainment and Music Mobility
Building and Construction Financial Technology
• Aerospace, Defense and Advanced Manufacturing
• Information Technology
• Life Sciences
• Automotive
• Energy and Environmental (Clean Tech)
• Logistics
• And many more!
GEORGIA, USA: HOME TO INDUSTRY LEADERS
GEORGIA, USA: AEROSPACE
Resources:
• The Daniel Guggenheim School of Aerospace Engineering at the Georgia Institute of Technology
• Robins U.S. Air Force Base and Moody U.S. Air Force Base
Industry Presence:
• Delta Air Lines headquarters
• Lockheed Martin, Boeing, Northrop Grumman, Pratt & Whitney, Gulfstream and others
Israel-Georgia Collaboration:
• April 2014 - Israeli Air Force purchase of Lockheed’s C-130J Super Hercules airlifter
More than 500 companies and 86,000 aerospace related employees in Georgia.
GEORGIA, USA: INFORMATION TECHNOLOGY
Information Technology (IT) has a $113.1 billion economic impact on Georgia.• 14,900 technology companies employing 166,500 high-tech professionals• 8 of the top 100 health IT firms• 4 of the top 20 financial technology companies • More than 25% of the worldwide security revenue market share is
generated by companies in Georgia.
Leading IT companies located in Georgia include:• AirWatch• Cisco Systems• Google• First Data• NCR• TSYS
GEORGIA, USA: HEALTHCARE AND LIFE SCIENCES
Industry leaders include:
• American Red Cross Southern Blood Services Region
• Baxter • GE Healthcare• McKesson Technology
Solutions• Philips Healthcare• Stryker
• Headquarters of the Centers for Disease Control and Prevention (CDC) and the American Cancer Society.
Home to more than 400 life science and 225 health IT companies.
GEORGIA, USA: AUTOMOTIVE INDUSTRY
• Approximately 250 automotive-related facilities employing nearly 18,000 Georgians
• More than 20% of the East Coast’s automotive-related exports leave through Georgia’s ports
Industry Presence:• Headquarters of the Genuine
Parts Company• North American headquarters of
Porsche, Lotus and BBS• Kia Motors first U.S.
manufacturing plant
GEORGIA, USA: ENERGY AND ENVIRONMENT
Rankings:• 7th largest Clean Tech economy in the nation• Leading state source of sustainable biomass • #3 state in U.S. for biofuel potential
Industry presence:• More than 43,000 clean technology related employees• Major companies such as GE Energy, MAGE Solar, Exide (x-ide)
Technologies and Suniva
GEORGIA, USA REPRESENTATIVE IN ISRAEL
Ronen KenanManaging DirectorState of Georgia - [email protected]+972 99570270
For more information regarding the state of Georgia and Georgia’s ties with Israel, you can contact our international representative in Israel:
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