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, USA ISRAEL 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 Millions 170 160 150 140 130 120 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 110 2008 2009 2010 2011 2012 2013
GEORGIA: INCREASING IMPORTS FROM ISRAEL Millions 510 460 410 360 310 260 210 160 110 2011 2012 2013 Totaled $489 million in 2013 Israel ranks 22 nd 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
GEORGIA, USA: DIVERSE INDUSTRIES
ISRAEL AND GEORGIA, USA: COMMON INDUSTRIES Aerospace Manufacturing Chemicals Plastics Mining and Minerals Textiles Entertainment and Music Building and Construction Information Technology Defense and Security Life Sciences Clean Tech (Energy and Environment) Logistics and Transportation Cyber Security Mobility Financial Technology
GEORGIA, USA: HOME TO INDUSTRY LEADERS Aerospace, Defense and Advanced Manufacturing Information Technology Life Sciences Automotive Energy and Environmental (Clean Tech) Logistics And many more!
GEORGIA, USA: AEROSPACE More than 500 companies and 86,000 aerospace related employees in Georgia. 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
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 Home to more than 400 life science and 225 health IT companies. 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.
GEORGIA, USA: AUTOMOTIVE INDUSTRY Approximately 250 automotiverelated 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 For more information regarding the state of Georgia and Georgia s ties with Israel, you can contact our international representative in Israel: Ronen Kenan Managing Director State of Georgia - Israel rkenan@georgia.org +972 99570270
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