GEORGIA’S THRIVING BUSINESS · PDF file2013 • Top imported goods from ... More than...

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GEORGIA’S THRIVING BUSINESS COMMUNITY June 2014

Transcript of GEORGIA’S THRIVING BUSINESS · PDF file2013 • Top imported goods from ... More than...

Page 1: GEORGIA’S THRIVING BUSINESS · PDF file2013 • Top imported goods from ... More than 500 companies and 86,000 aerospace related employees in ... • 8 of the top 100 health IT firms

GEORGIA’S THRIVING BUSINESS COMMUNITY

June 2014

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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)

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PRO-BUSINESS ENVIRONMENT:HEADQUARTERS TO GLOBAL COMPANIES

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INTERNATIONAL BUSINESS CONNECTIONS:INTERNATIONAL COMPANIES IN GEORGIA, USA

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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

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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

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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)

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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

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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

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• 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

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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.

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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

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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.

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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

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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

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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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