Economic Briefing Newsletter - Metro Atlanta Chamber
Economic Briefing Newsletter - Metro Atlanta Chamber
Economic Briefing Newsletter - Metro Atlanta Chamber
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METRO ATLANTA<br />
ECONOMIC BRIEFING<br />
METRO ATLANTA COMPANY<br />
ANNOUNCEMENTS<br />
ONE MILLION SQUARE-FOOT<br />
D.C. FOR CARTER’S<br />
MEDICAL DEVICE COMPANY<br />
EXPANDS HEADQUARTERS<br />
INTERNAP EXPANDS<br />
DOWNTOWN DATA CENTER<br />
NEW INTERNATIONAL<br />
TERMINAL NOW OPEN<br />
IN THIS ISSUE<br />
2012 FORTUNE 500<br />
HEADQUARTERS<br />
02<br />
04<br />
05<br />
06<br />
07<br />
08<br />
REBA DEAL-CLOSING FUND<br />
INCREASES TO $78.5 MILLION<br />
Georgia has signifi cantly increased its discretionary<br />
deal-closing project fund for large cities,<br />
including metro <strong>Atlanta</strong>. The Georgia General<br />
Assembly took decisive action in the 2012 session<br />
and raised its Regional <strong>Economic</strong> Business<br />
Assistance (REBA) fund to $78.5 million, a large<br />
increase from previous years. This fund immediately<br />
makes Georgia cities more competitive<br />
for signifi cant economic development project<br />
opportunities. Operations and industry clusters<br />
targeted by the <strong>Metro</strong> <strong>Atlanta</strong> <strong>Chamber</strong> will be<br />
candidates for these funds. There will be caseby-case<br />
state evaluation of projects with an emphasis<br />
on quality job creation and investment.<br />
MID-YEAR 2012 | ISSUE 16<br />
Photo courtesy of State of Georgia, Office of the Governor<br />
BAXTER INTERNATIONAL TO<br />
CREATE 1,500 JOBS<br />
Global, diversifi ed health care company, Baxter International<br />
Inc., selected Georgia for its new biopharmaceutical<br />
manufacturing and distribution center and plasma centers, which will<br />
employ approximately 1,500 people with an investment exceeding $1 billion.<br />
To be built east of <strong>Atlanta</strong> in the Stanton<br />
Springs business park within Jasper, Morgan,<br />
Newton and Walton counties, Baxter’s facility<br />
will manufacture and distribute plasma-based<br />
therapies that treat chronic and critical medical<br />
conditions. Construction will start this year<br />
with the fi rst building to be complete by 2015,<br />
and be fully operational by 2018.<br />
During the April 2012 announcement<br />
made possible by the Georgia Department<br />
of <strong>Economic</strong> Development (GDEcD), Gov.<br />
Nathan Deal said, “Baxter’s decision to come to<br />
Georgia marks a new era in the growth of our<br />
biosciences industry and will have far-reaching<br />
impact on our economy. We are honored to<br />
welcome this fl agship company to Georgia<br />
and proud that our state’s vast resources for<br />
the biomedical fi eld will assist the company<br />
with the groundbreaking medical advances it is<br />
renowned for.”<br />
Baxter, based in Deerfi eld, Ill., is partnering<br />
with the State of Georgia to ensure a trained<br />
workforce. Georgia Quick Start will build and<br />
manage a 20,000 square-foot biotech training<br />
center with customized programs to meet<br />
Baxter’s needs. The Technical College System<br />
of Georgia, the Governor’s Offi ce of Workforce<br />
Development and the Georgia Department of<br />
Labor will work to develop a pipeline of talent<br />
and match prospective workers.<br />
“The manufacture of high-quality biologic<br />
medicines is critical to the needs of patients<br />
around the world,” said Chairman and CEO of<br />
Baxter, Robert L. Parkinson, Jr. “We’re pleased to<br />
partner with the people of Georgia to support Baxter’s<br />
core mission of saving and sustaining lives.”<br />
Governor Deal welcomes<br />
Baxter International, April<br />
19, 2012 Pictured Left to<br />
Right: Georgia Department<br />
of <strong>Economic</strong> Development<br />
(GDEcD) Commissioner Chris<br />
Cummiskey; Ludwig Hantson,<br />
President, Bioscience,<br />
Baxter International;<br />
Governor Nathan Deal; Julie<br />
Kim, General Manager,<br />
BioTherapeutics, Baxter<br />
International
METRO ATLANTA COMPANY ANNOUNCEMENTS (YTD JUNE 2012)<br />
NEW LOCATIONS<br />
Company Facility Type Business Type County<br />
Projected<br />
Number of Jobs*<br />
AdCare Corporate Headquarters Assisted Living and Nursing Homes North Fulton 40<br />
Agbar U.S. Headquarters Water Management City of <strong>Atlanta</strong> 30<br />
Air France Logistics Air Cargo Freighter Service South Fulton 25<br />
Air Power & Hydraulics, Ltd. Manufacturing / Distribution Center Hydraulics Cylinder Manufacturing TBD 30<br />
Appnovation Technologies Branch Offi ce Web & Mobile Applications North Fulton 5<br />
Artec U.S. Headquarters Computer Programming Services Cobb 40<br />
Asurion Insurance Services Software Development Center Consumer Technology Protection Services City of <strong>Atlanta</strong> 250<br />
Baxter International Manufacturing / Distribution Center Biopharmaceutical<br />
Newton / Jasper /<br />
Walton<br />
1,500<br />
Carter's, Inc. Distribution Center Children's Apparel Manufacturing Jackson 600<br />
Cavanna Packaging USA North American Headquarters Packaging Machinery Design & Manufacturing Gwinnett 12<br />
CBS Corp. IT & Software Services Center Media & Entertainment North Fulton 101<br />
Centene Corp. Branch Offi ce Insurance Services & Health Programs North Fulton 75<br />
Center Testing International (CTI) U.S. Headquarters / Laboratory Products Testing DeKalb 5<br />
CHEP USA U.S. Headquarters Pallet and Container Pooling Solutions DeKalb 173<br />
CIS Biotech, Inc. Laboratory Diagnostic Test Kits DeKalb 70<br />
Continental Bakery / BakeRite Manufacturing / Distribution Center Food Processing South Fulton 90<br />
Coviva U.S. Headquarters Home Care Service Provider North Fulton 10<br />
Davidson Hotels Corporate Headquarters Hotel Lodging / Hospitality DeKalb 90<br />
Fresenius Medical Care Call Center Patient-Oriented Renal Therapy Cobb 120<br />
Genesis10 Branch Offi ce Business and Technology Consulting North Fulton 100<br />
I.J. Martin & Co., Ltd. Regional Offi ce Executive Coaching Cherokee 10<br />
India Consulate Consulate International Affairs City of <strong>Atlanta</strong> 20<br />
Infosys BPO Business Process Outsourcing (BPO) Center Technology, Consulting and Outsourcing Cobb 250<br />
LaserJob GmBH Branch Offi ce Laser Cut Stencil Manufacturing Forsyth 5<br />
Mitsubishi Electric Cooling & Heating Division Headquarters<br />
Panasonic Automotive Systems Company<br />
of America<br />
R & D Center<br />
Air Conditioning & Heating Technology<br />
Manufacturing<br />
Automotive Navigation and Entertainment<br />
Systems Development<br />
Gwinnett 198<br />
City of <strong>Atlanta</strong> 100<br />
Paxxo AB Regional Offi ce / Distribution Center Waste Disposal Bag Systems Manufacturing Coweta 7<br />
PointClear Solutions Branch Offi ce Healthcare Software Technology Cobb 75<br />
Q-Matic Corp. Corporate Headquarters Software Development Gwinnett 20<br />
Shoals Technologies Group Branch Offi ce Solar Panel Wiring Systems Manufacturing South Fulton 10<br />
Sionic Mobile Corp. Corporate Headquarters Mobile Marketing Applications City of <strong>Atlanta</strong> 45<br />
SolarMax Manufacturing Solar Inverter Manufacturing Gwinnett 50<br />
Sterling Infosystems IT & Engineering Headquarters Employment Screening Services Cobb 35<br />
Streamline Health Branch Offi ce Healthcare Document Management City of <strong>Atlanta</strong> 150<br />
TÜV SÜD R & D Center Electrical/Lighting Safety & Effi ciency Testing North Fulton 30<br />
UN Forklift Regional Offi ce / Sales & Distribution Material Handling Equipment Henry 15<br />
Universal Environmental Services /<br />
Avista Oil AG<br />
Oil Re-Refi nery Used Motor Oil Recycling Fayette 40<br />
* Projected Number of Jobs generally are to be created over three years. This list shows all known and confirmed companies that have made metro <strong>Atlanta</strong> location announcements.<br />
If you would like to inform us of other company announcements, please email afranklin@macoc.com. Sources: <strong>Atlanta</strong> Business Chronicle; <strong>Atlanta</strong> Journal-Constitution; company websites;<br />
Georgia Department of <strong>Economic</strong> Development; Georgia Power Community & <strong>Economic</strong> Development Department; <strong>Metro</strong> <strong>Atlanta</strong> <strong>Chamber</strong>.<br />
2 | <strong>Metro</strong> <strong>Atlanta</strong> <strong>Chamber</strong>
LOCAL EXPANSIONS<br />
Company Facility Type Business Type County<br />
Projected<br />
Number of Jobs*<br />
AirWatch Corp. U.S. Headquarters Mobile Device Management North Fulton 400<br />
Assurant Call Center Insurance Services Gwinnett 100<br />
Bridgestone Golf Manufacturing Golf Ball Manufacturing Newton 20<br />
Coyote<br />
Driver Services, Accounting and Finance<br />
Division Offi ce<br />
Third-Party Logistics Provider (3PL) North Fulton 160<br />
Custom Molded Products Corporate Headquarters / Manufacturing Spa, Pool, Whirlpool Components Manufacturing Coweta 50<br />
Dell SecureWorks Corporate Headquarters Internet Security North Fulton 200<br />
Elekta, Inc. Corporate Headquarters / R & D Center Medical Device DeKalb 100<br />
Hartsfi eld-Jackson <strong>Atlanta</strong> International<br />
Airport<br />
Airport Air Transportation and Cargo South Fulton 1,000<br />
Kabbage, Inc. Corporate Headquarters Online Financial Services Firm City of <strong>Atlanta</strong> 30<br />
Kaiser Permanente Medical Offi ce Healthcare Services Cobb 100<br />
Keuhne + Nagel Southeast Headquarters / Distribution Center Third-Party Logistics Provider (3PL) South Fulton 60<br />
MG International (MGI) Manufacturing Auto Parts Manufacturing Paulding 30<br />
Okabashi Brands Manufacturing Footwear Manufacturing Gwinnett 150<br />
Oversight Systems, Inc. Corporate Headquarters Software Development North Fulton 100<br />
Pardot, LLC Corporate Headquarters Marketing Software Development City of <strong>Atlanta</strong> 150<br />
Pratt Industries<br />
Call Center / Retail Services Division<br />
Headquarters<br />
Retail Services and E-Commerce Clayton 50<br />
Pure Water Technology Branch Offi ce Bottled Water Systems Clayton 7<br />
QuantiSense Corporate Headquarters Business Intelligence Software Cobb 60<br />
State Farm Customer Service Center Insurance Services DeKalb 500<br />
* Projected Number of Jobs generally are to be created over three years. This list shows all known and confirmed companies that have made metro <strong>Atlanta</strong> location announcements.<br />
If you would like to inform us of other company announcements, please email afranklin@macoc.com. Sources: <strong>Atlanta</strong> Business Chronicle; <strong>Atlanta</strong> Journal-Constitution; company websites;<br />
Georgia Department of <strong>Economic</strong> Development; Georgia Power Community & <strong>Economic</strong> Development Department; <strong>Metro</strong> <strong>Atlanta</strong> <strong>Chamber</strong>.<br />
<strong>Atlanta</strong>’s Philips Arena<br />
MID-YEAR 2012 ECONOMIC BRIEFING | 3<br />
Photo © Georgia Department of <strong>Economic</strong> Development
SUPPLY CHAIN & ADVANCED MANUFACTURING<br />
METRO ATLANTA: A<br />
LEADER IN CLEAN TECH<br />
<strong>Metro</strong> <strong>Atlanta</strong>’s clean economy, the<br />
most diverse clean economy in the nation<br />
according to The Brookings Institution,<br />
is well positioned to be a major hub in<br />
a variety of clean tech segments. Led<br />
by the <strong>Metro</strong> <strong>Atlanta</strong> <strong>Chamber</strong>, a new<br />
council formed in 2012 to grow metro<br />
<strong>Atlanta</strong>’s clean tech economy, attract clean<br />
tech jobs and promote best practices as<br />
a sustainable community. The Clean Tech<br />
Leadership Council brings together top<br />
clean tech executives, public policy and<br />
higher education leaders to advance metro<br />
<strong>Atlanta</strong>’s clean economy.<br />
From 2008 to 2011, the <strong>Metro</strong> <strong>Atlanta</strong><br />
<strong>Chamber</strong> and its partners have recruited<br />
20 clean tech companies to metro <strong>Atlanta</strong>,<br />
resulting in over 1,600 jobs. Home to<br />
companies such as GE Energy’s Smart<br />
Grid Center of Excellence, Suniva, Exide<br />
Technologies and Comverge, metro <strong>Atlanta</strong><br />
is at the forefront of clean technologies.<br />
Contact Bob Pertierra with the <strong>Metro</strong> <strong>Atlanta</strong><br />
<strong>Chamber</strong> for more info on Clean Tech<br />
at 404.586.8445 or bpertierra@macoc.com.<br />
WIND ENERGY INDUSTRY<br />
COMES TO GEORGIA<br />
For the first time in the Southeast, global<br />
wind industry leaders converged in <strong>Atlanta</strong><br />
in June for the industry’s largest annual<br />
event – WINDPOWER 2012 produced by<br />
the American Wind Energy Association.<br />
Drawing approximately 12,000 attendees<br />
from 60 countries and 900 exhibitors, leaders<br />
discussed topics including federal legislation,<br />
transmission, state policy, and the<br />
wind industry supply chain.<br />
“With more than 90 wind-related manufacturing<br />
facilities located in the Southeast –<br />
20 of which are in Georgia – and the proximity<br />
to Hartsfield-Jackson <strong>Atlanta</strong> International<br />
Airport, the world’s busiest airport, <strong>Atlanta</strong><br />
was a natural fit to host WINDPOWER,”<br />
said <strong>Metro</strong> <strong>Atlanta</strong> <strong>Chamber</strong>’s vice president<br />
of supply chain & advanced manufacturing<br />
development, Bob Pertierra.<br />
With Georgia’s strong transportation<br />
network, including the Port of Savannah,<br />
the state is attractive to manufacturers making<br />
components for wind turbines. Georgia<br />
companies include Hailo USA, which manufactures<br />
ladders for wind towers and ZF<br />
Wind Power, which manufactures wind<br />
turbine gearboxes.<br />
4 | <strong>Metro</strong> <strong>Atlanta</strong> <strong>Chamber</strong><br />
D.C. FOR CARTER’S<br />
<strong>Atlanta</strong>based<br />
Carter’s<br />
Inc., a leading<br />
provider of apparel and related products exclusively<br />
for babies and young children, including<br />
the Carter’s and OshKosh B’gosh brands, has a<br />
new one million square-foot, $50 million distribution<br />
center in Braselton (Jackson County).<br />
The facility creates a need for up to 600 jobs to<br />
support the company’s online commerce, retail<br />
and wholesale business.<br />
“Carter’s has been doing business in<br />
Georgia for nearly 90 years and our global<br />
TWO 3PL’S EXPAND ATLANTA PRESENCE<br />
Kuehne + Nagel Inc., one of the world’s<br />
leading logistics providers, is developing a<br />
211,000 square-foot, build-to-suit office and<br />
warehouse facility in East Point (Fulton County)<br />
as its Southeastern headquarters. The expansion<br />
will more than double its square footage<br />
upon the company’s relocation from Forest<br />
Park to East Point in 2013. Approximately 300<br />
employees (mostly transfers) will work at the<br />
new facility.<br />
“Kuehne + Nagel’s expansion in <strong>Atlanta</strong><br />
stems from the need for additional space to<br />
accommodate growth in demand for our company’s<br />
services. It also reflects the outstanding<br />
work that our logistics professionals have<br />
delivered, assisting our clients in navigating<br />
today’s challenging economic waters,” said<br />
Juergen Gentzke, Kuehne + Nagel’s Regional<br />
Vice President.<br />
Its new metro <strong>Atlanta</strong> location will serve as<br />
an integrated global logistics gateway for Kuehne<br />
Photo courtesy of Kuehne + Nagel International AG<br />
headquarters is based in <strong>Atlanta</strong>. We’re proud<br />
to expand our presence in our home state,”<br />
said Michael D. Casey, Chairman and Chief<br />
Executive Officer of Carter’s, Inc. “This new<br />
facility is intended to allow us to support<br />
growth in our Carter’s and OshKosh B’gosh<br />
brands, improve the efficiency of our operations<br />
and better serve our customers.”<br />
Georgia Quick Start is supporting Carter’s<br />
with training and workforce development for<br />
the new jobs, including warehouse operations,<br />
equipment operations, inventory control, engineering<br />
and management.<br />
+ Nagel. Camp Creek Business Center in East Point<br />
provides proximity to Hartsfield-Jackson <strong>Atlanta</strong><br />
International Airport.<br />
The new logistics center will feature customs<br />
brokerage; TSA security screening; a<br />
secure cage for high-value cargo; a temperature-controlled<br />
space to accommodate the<br />
requirements of the pharmaceutical industry;<br />
and special cargo equipment to handle oversized<br />
products, such as vehicles and engines.<br />
Coyote, a third-party<br />
logistics provider (3PL)<br />
based in Chicago, is<br />
growing in metro <strong>Atlanta</strong><br />
by expanding its driver services, accounting<br />
and finance operations in Alpharetta (Fulton<br />
County). The expansion from 23,000 square<br />
feet to 36,000 square feet will create space for<br />
an additional 160 jobs.<br />
“We hired 136 people in 2011. Our 24/7<br />
Driver Services operation will take over the<br />
existing space and we will build out and move<br />
our accounting and finance division to the<br />
expanded space,” said Jonathan Sisler, CFO<br />
of Coyote. “As we expand in Alpharetta, we<br />
will continue to draw on local talent to join<br />
our team and keep on par with the unprecedented<br />
growth of our headquartered operation<br />
in Chicago.”<br />
Coyote, one of the leading providers of logistics<br />
and transportation services in the country,<br />
has been named to the Inc. Magazine 500 list of<br />
the fastest-growing, privately-held companies in<br />
the U.S. for two consecutive years.<br />
GLOBAL SUPPLY CHAIN INDUSTRY TO CONVENE IN OCT.<br />
· Council of Supply Chain Management Professionals (CSCMP) Annual Global Conference<br />
September 30-October 4, 2012 / 4,000 attendees<br />
· The International Air Cargo Association (TIACA) Air Cargo Forum & Exposition<br />
October 2-4, 2012 / 4,000 attendees
BIOSCIENCE & HEALTH IT<br />
HEALTH IT COMPANY<br />
CHOOSES ATLANTA<br />
Streamline<br />
Health, a leading<br />
provider of enterprise<br />
document management and revenue<br />
cycle solutions for health care organizations,<br />
opened an <strong>Atlanta</strong> office through<br />
its acquisition of <strong>Atlanta</strong>-based Interpoint<br />
Partners. Based in Cincinnati, the Health IT<br />
company will create up to 150 jobs at its<br />
Midtown <strong>Atlanta</strong> (Fulton County) location.<br />
<strong>Atlanta</strong> was also chosen for its annual client<br />
conference in May. The NEXT Summit<br />
focused on the next stages of paperless<br />
healthcare, the next steps in healthcare<br />
reform, and the next phases for Streamline<br />
Health’s solutions.<br />
“Streamline Health’s acquisition<br />
of Interpoint Partners is another prime<br />
example of why <strong>Atlanta</strong> is considered the<br />
Nation’s Health IT Capital,” said David<br />
Hartnett, vice president of biosciencehealth<br />
IT industry development for the<br />
<strong>Metro</strong> <strong>Atlanta</strong> <strong>Chamber</strong>. “It is also an<br />
example of the strength in <strong>Atlanta</strong>’s<br />
health IT talent and technology, and<br />
we are pleased they chose our city for<br />
their summit.”<br />
LIFE-SAVING<br />
COMPANY EXPANDS<br />
Fresenius<br />
Medical Care,<br />
the world’s<br />
leading company devoted to patient-oriented<br />
renal therapy, plans to expand its<br />
presence in metro <strong>Atlanta</strong> by opening<br />
an additional office in Kennesaw (Cobb<br />
County), creating up to 120 jobs. The<br />
Peachtree Billing and Verification Office<br />
will provide billing and insurance verification<br />
for the company’s Southeast<br />
dialysis operations. Headquartered in<br />
Massachusetts, Fresenius Medical Care<br />
has two other corporate offices and multiple<br />
clinics in Cobb County.<br />
“We are excited to expand our footprint<br />
in Cobb County and the opportunity to<br />
assemble a talented team focused on providing<br />
the highest quality service and support<br />
to our patients,” said Bill Crawford,<br />
vice president of finance for the company’s<br />
East Division.<br />
Fresenius Medical Care operates kidney<br />
dialysis clinics in North America, Europe,<br />
Latin America, Asia-Pacific and Africa, providing<br />
life-saving dialysis treatments to<br />
more than 215,000 patients worldwide.<br />
SWEDISH MEDICAL DEVICE<br />
COMPANY EXPANDS NORTH<br />
AMERICAN HQ<br />
Elekta, which innovates clinical solutions<br />
for treating cancer and brain disorders,<br />
announced growing its North American headquarters<br />
in metro <strong>Atlanta</strong>. Upon relocating<br />
approximately 150 employees from Norcross,<br />
Ga. to the Perimeter business district (DeKalb<br />
County), the Swedish company projects creating<br />
an additional 100 jobs in the areas of<br />
medical device and health IT.<br />
“Elekta’s global influence in healthcare is<br />
increasing rapidly,” said President and CEO,<br />
Tomas Puusepp. “The move of our North<br />
American headquarters [within] <strong>Atlanta</strong> will<br />
support this trend and strengthen <strong>Atlanta</strong>’s<br />
growing biomedical community.”<br />
With 3,300 employees worldwide, Elekta’s<br />
solutions in oncology and neurosurgery are<br />
used in over 6,000 hospitals. The company is<br />
well-renowned for its Leksell Gamma Knife<br />
used to treat brain cancer and other brain<br />
disorders. Elekta is also a provider of software<br />
systems for cancer care.<br />
Gamma Knife<br />
ATLANTA: CENTER FOR GLOBAL HEALTH<br />
With a mix of biomedical companies, labs, research organizations, non-profits and higher educational<br />
institutions, metro <strong>Atlanta</strong> is a leading center for global health.<br />
Since 1946, the nation’s premier health promotion, prevention and preparedness agency, the<br />
Centers for Disease Control and Prevention (CDC), has called metro <strong>Atlanta</strong> home. With over 10,000<br />
employees in metro <strong>Atlanta</strong> and growing, the CDC is at the forefront of preventing and controlling<br />
disease, responding to health emergencies and maintaining national health statistics.<br />
Three major international nonprofit 501(c)(3) corporations based in <strong>Atlanta</strong> that work on global health<br />
issues are The Task Force for Global Health, The Carter Center and CARE. The Task Force for Global<br />
Health is an international nonprofit organization that strengthens health delivery systems by forging<br />
partnerships and applying innovative solutions to global health problems. The Carter Center, founded<br />
by former President Jimmy Carter and his wife Rosalynn, improves life for people around the globe<br />
by preventing diseases; improving mental health care; advancing democracy, human rights, and<br />
economic opportunity. CARE, a leading humanitarian organization fighting global poverty, worked in 84<br />
countries last year to improve lives by reaching 122 million people.<br />
Research facilities at local universities including Emory University, Georgia State University,<br />
Georgia Institute of Technology and Morehouse School of Medicine advance research and develop<br />
the talent to transform global health. Emory University’s Rollins School of Public Health’s mission<br />
is to demonstrate excellence in the discovery, dissemination and application of knowledge as it<br />
trains and supports future leaders in health promotion and disease prevention through organized<br />
community efforts around the world. The school also supports research projects with the American<br />
Cancer Society and CARE, both headquartered in <strong>Atlanta</strong>. Georgia State University’s Institute of Public<br />
Health is focused on finding solutions to pressing urban health issues. In 2010, the institute was<br />
awarded a five-year, $6.7 million grant from the National Institutes of Health to create the Center of<br />
Excellence in Health Disparities Research. Many of metro <strong>Atlanta</strong>’s universities also benefit from the<br />
Georgia Research Alliance (GRA), which has helped recruit world-renowned scientists, named Georgia<br />
Research Alliance Eminent Scholars, for university-based research.<br />
Given these global health assets in metro <strong>Atlanta</strong>, business and public leaders are collaborating to<br />
promote <strong>Atlanta</strong> as the center for global health.<br />
MID-YEAR 2012 ECONOMIC BRIEFING | 5<br />
Photo courtesy of Elekta AB
TECHNOLOGY<br />
INTERNAP EXPANDS<br />
DATA CENTER<br />
Digital data<br />
in all its<br />
forms is growing by leaps and bounds, and<br />
so are demands for the services businesses<br />
use to effectively manage their expanding<br />
data needs. Internap Network Services<br />
Corporation, a global, publicly-traded company<br />
headquartered in metro <strong>Atlanta</strong> that<br />
provides a wide range of IT infrastructure services,<br />
is in the process of more than tripling<br />
the size of its state-of-the-art data center in<br />
the heart of downtown <strong>Atlanta</strong>.<br />
Internap’s <strong>Atlanta</strong> data center expansion<br />
will increase the total data center footprint<br />
in the company-owned facility located<br />
at 250 Williams Street to 42,000 net-sellable<br />
square feet when fully deployed, the<br />
first phase of which is expected to be available<br />
in Q3 2012. To accommodate the data<br />
center expansion, Internap has relocated its<br />
headquarters from the downtown site to the<br />
Perimeter business district.<br />
TECH FIRMS EXPAND HQ’S<br />
IN SANDY SRPINGS<br />
AirWatch plans<br />
to create another 400<br />
jobs as it occupies<br />
more than 100,000 square feet at 1155<br />
Perimeter Center West in Sandy Springs<br />
(Fulton County) after relocating from West<br />
Midtown. As a global leader and innovator<br />
of enterprise-grade mobile security, mobile<br />
device management, mobile application<br />
management and mobile content management<br />
solutions, AirWatch helps to deploy,<br />
secure, monitor and manage an enterprise’s<br />
entire fleet of Android, Apple iOS, Apple<br />
Mac OS X, Blackberry, Symbian, Windows<br />
Mobile and Windows Phone devices.<br />
Dell SecureWorks<br />
is expanding its global<br />
headquarters by creating<br />
another 200 jobs and growing its<br />
space approximately 50 percent to 115,000<br />
square feet at Concourse Corporate Center<br />
One in Sandy Springs (Fulton County).<br />
Acquired by Dell in 2011, <strong>Atlanta</strong>-based Dell<br />
SecureWorks focuses exclusively on security<br />
services to protect thousands of customers<br />
around the world. Dell SecureWorks<br />
provides world-class IT security services<br />
to help organizations of all sizes protect<br />
their IT assets, comply with regulations and<br />
reduce security costs.<br />
MOST-WATCHED T.V. NETWORK<br />
IN THE U.S. CHOOSES ATLANTA<br />
Mass media company, CBS Corp., plans to create 101 jobs<br />
at a new IT and software center in Sandy Springs (Fulton<br />
County). The office will support the corporation’s operations<br />
with IT services.<br />
“We are very pleased to welcome this CBS office to <strong>Atlanta</strong>. The company’s selection of our<br />
city over other competing cities speaks directly to the abundant pool of IT talent that <strong>Atlanta</strong> offers<br />
and to the vibrant growth of our technology community,” said Hans Gant, Senior Vice President of<br />
<strong>Economic</strong> Development for the <strong>Metro</strong> <strong>Atlanta</strong> <strong>Chamber</strong>.<br />
CBS creates and distributes industry-leading content across a variety of platforms to audiences<br />
around the world. The company owns the most-watched television network in the U.S. and one<br />
of the world’s largest libraries of entertainment content. Its media and entertainment operations<br />
include cable, publishing, radio, local TV, film, outdoor advertising and interactive media.<br />
PANASONIC AUTOMOTIVE INNOVATION<br />
CENTER OPENS ON GEORGIA TECH CAMPUS<br />
Panasonic<br />
Automotive<br />
Systems Company of America, headquartered<br />
in Peachtree City, Ga., expanded its metro<br />
<strong>Atlanta</strong> presence with a new R&D center,<br />
located in Midtown <strong>Atlanta</strong> (Fulton County)<br />
within Georgia Tech’s Technology Square<br />
campus. The Panasonic Automotive Innovation<br />
Center is an incubator for next-generation automotive<br />
infotainment technologies. The approximate<br />
100 jobs, including software engineers,<br />
systems engineers, electrical engineers and<br />
support staff, will work on advancing automotive<br />
navigation and entertainment systems.<br />
The company is partnering with Georgia<br />
Tech for local engineering talent, specifically<br />
through the university’s co-op program – the<br />
largest optional co-op program in the U.S., with<br />
about 2,700 students participating each year.<br />
“We are excited about the opportunity to tap<br />
into the engineering talent of one of the fastest<br />
growing high-technology areas in the nation,”<br />
said Tom Gebhardt, President of Panasonic<br />
Automotive Systems Company of America.<br />
“Our goal is to develop a strong partnership<br />
with the Georgia Tech Enterprise Innovation<br />
Institute (EI²) as well as the University’s<br />
Division of Professional Practice for employing<br />
co-ops. We feel both partnerships will provide<br />
Panasonic Automotive a continuing advantage<br />
in our development of the next generation of<br />
in-vehicle multimedia infotainment systems.”<br />
The Center expects to employ approximately 15<br />
Georgia Tech co-op students each year.<br />
Panasonic Automotive chose Midtown not<br />
only for Georgia Tech but also for other proximity<br />
reasons. The Center will benefit from being<br />
in the same building as other R&D operations at<br />
the Advanced Technology Development Center<br />
(ATDC), a startup accelerator that helps technology<br />
entrepreneurs in Georgia launch and<br />
build successful companies. And, Midtown is<br />
just 50 miles from its Peachtree City headquarters.<br />
Other R&D centers in metro <strong>Atlanta</strong><br />
that have created jobs in the last few years<br />
include Newell Rubbermaid, SANY, Novelis,<br />
Exide Technologies and Samsung.<br />
MID-YEAR 2012 ECONOMIC BRIEFING | 6
GLOBAL COMMERCE<br />
19 FOREIGN FIRMS<br />
SELECT ATLANTA<br />
Thus far in 2012, the <strong>Metro</strong> <strong>Atlanta</strong><br />
<strong>Chamber</strong> and its economic development<br />
partners recruited 19 companies with a foreign<br />
parent to locate or expand a facility in<br />
metro <strong>Atlanta</strong>, projected to create over 1,000<br />
jobs. The top countries creating jobs were<br />
Switzerland and Germany. The top foreign<br />
companies creating jobs were India’s Infosys<br />
(250 jobs), Australia’s CHEP USA (173 jobs),<br />
Japan’s Panasonic (100 jobs) and Sweden’s<br />
Elekta (100 jobs). The State of Georgia has<br />
over 3,600 internationally-owned facilities<br />
which represent 60 countries and employ<br />
more than 194,000 Georgians, of which<br />
2,800 facilities and over 132,000 employees<br />
are in metro <strong>Atlanta</strong>.<br />
MAC & U.S. DEPARTMENT<br />
OF COMMERCE SIGN<br />
EXPORT PROMOTION MOU<br />
The <strong>Metro</strong> <strong>Atlanta</strong> <strong>Chamber</strong>’s Global<br />
Commerce team has entered into a<br />
Memorandum of Understanding (MOU) with<br />
the International Trade Administration (ITA)<br />
of the U.S. Department of Commerce. This<br />
enhanced partnership is a concerted effort to<br />
increase global business for our local companies<br />
and boost exports from metro <strong>Atlanta</strong>.<br />
Through the Export Promotion Partner<br />
Initiative, Global Commerce now offers an<br />
extensive supply of market research and<br />
export tools available through the ITA. These<br />
resources and tools are designed to prepare<br />
and assist companies to successfully enter<br />
new international markets and/or expand<br />
in current international markets. For more<br />
information, contact Ric Hubler, director,<br />
global business growth at 404-586-8455 or<br />
rhubler@macoc.com<br />
FTZ BENEFITS IMPORTERS<br />
The 250-acre Georgia Foreign Trade<br />
Zone (FTZ) located next to the <strong>Atlanta</strong> airport<br />
helps companies compete globally by reducing<br />
operating costs associated with international<br />
trade. Foreign Trade Zones (FTZs)<br />
are federally designated sectors of land<br />
that, while located within the United States,<br />
are considered to be outside U.S. Customs<br />
Territory. Goods can be imported into the FTZ<br />
without the payment of U.S. Customs duties.<br />
Once the goods are removed, payment is<br />
made, often at a lower rate. Select industrial<br />
parks and individual company sites in metro<br />
<strong>Atlanta</strong> have FTZ subzone status, allowing<br />
such import benefits. www.georgiaftz.com<br />
NEW INTERNATIONAL<br />
TERMINAL NOW OPEN<br />
Hartsfield-Jackson <strong>Atlanta</strong> International Airport now has 12 additional international gates, with<br />
the grand opening of the Maynard H. Jackson Jr. International Terminal. The 1.2 million-square-foot<br />
terminal connects with the existing international concourse, which has 28 gates. <strong>Atlanta</strong>-bound passengers<br />
no longer have to recheck baggage and international-bound passengers now check in at the<br />
new facility.<br />
“The opening of the Maynard H. Jackson Jr. International Terminal heralds a new era of international<br />
opportunity for <strong>Atlanta</strong>, strengthening the city’s position as a global gateway for the United<br />
States and as a preferred destination for business and tourism,” said <strong>Atlanta</strong> Mayor Kasim Reed.<br />
Approximately 1,000 jobs are projected to operate the new terminal and 3,000 jobs were created<br />
during the planning, design and construction, which began four years ago. Since 1996, the year of the<br />
Summer Olympics in <strong>Atlanta</strong>, international passenger volume has exploded by 222 percent. Last year<br />
was a record-breaking year as 9.86 million international passengers traveled through <strong>Atlanta</strong>. By 2015,<br />
that number is projected to grow another 30 percent to 13 million as forecasted by the Federal Aviation<br />
Administration (FAA).<br />
<strong>Atlanta</strong>’s Global Gateway (Concourse F) opened May 16, 2012<br />
ATLANTA WELCOMES INDIA<br />
<strong>Atlanta</strong>’s business connections<br />
with India have<br />
expanded this year with<br />
two major events.<br />
In January, the Government of India opened<br />
its first consulate office in Georgia to serve<br />
the Southeast region. The consulate creates 20<br />
jobs under the leadership of Consul General Ajit<br />
Kumar. The team will connect trade and investment<br />
opportunities and provide consular, visa<br />
and passport services. “The Indian Consulate is<br />
a vital addition to <strong>Atlanta</strong>’s consular corps and<br />
community of trade commissions and bi-national<br />
chambers of commerce, which already represents<br />
more than 70 other countries and is a key component<br />
of Georgia’s diversity and international<br />
success,” said Gov. Nathan Deal.<br />
In June, <strong>Atlanta</strong> welcomed a delegation of<br />
Indian companies to the USA-India Business<br />
Summit (UIBS) held at the Georgia Tech<br />
Research Institute. UIBS is the largest conference<br />
in the Southeast USA that promotes<br />
business and investment between USA and<br />
India in key industries including Life Sciences,<br />
Health IT, Logistics and Technology. “The USA<br />
India Business Summit is an integral part of the<br />
strategy to promote <strong>Atlanta</strong> at the intersection<br />
of a key growth market for us – India,” said<br />
Jorge Fernandez, vice president of global commerce<br />
for the <strong>Metro</strong> <strong>Atlanta</strong> <strong>Chamber</strong>. “This<br />
summit provides a significant platform for dialogue<br />
and discussion to identify opportunities<br />
for both sides, showcasing <strong>Atlanta</strong>’s strengths<br />
as an ideal place to locate an international<br />
business and identifying opportunities for our<br />
companies in India.” Georgia is home to over<br />
40 Indian-owned companies including Novelis,<br />
Infosys, Tata and Wipro.<br />
MID-YEAR 2012 ECONOMIC BRIEFING |7<br />
Photo courtesy of of Hartsfield-Jackson <strong>Atlanta</strong> International Airport
CORPORATE OPERATIONS & BUSINESS SERVICES<br />
INSURANCE GIANT<br />
KEEPS ON GROWING<br />
Georgia’s<br />
largest<br />
insurer,<br />
with its regional headquarters in metro<br />
<strong>Atlanta</strong>, will open a new customer<br />
service center. State Farm plans to<br />
create approximately 500 jobs and occupy<br />
400,000 square feet in Dunwoody<br />
(DeKalb County). Scheduled to open by<br />
the end of 2012, the facility will house<br />
clerical, technical and management personnel<br />
for the insurer’s sales, services<br />
and claims processing.<br />
“State Farm’s decision was driven<br />
solely by how we can best serve our<br />
customers,” said company spokesman<br />
Justin Tomczak.<br />
This growth comes on the heels of<br />
State Farm’s consolidation at its 56-acre<br />
regional headquarters campus in Johns<br />
Creek (North Fulton County). In 2011,<br />
the company decided to centralize its<br />
auto insurance and fire underwriting<br />
operations, adding as many as 400 jobs.<br />
Overall, State Farm employs approximately<br />
2,000 people throughout Georgia,<br />
excluding independent agents.<br />
INDIAN COMPANY<br />
OPENS BPO CENTER<br />
Infosys BPO,<br />
the Business Process<br />
Outsourcing subsidiary<br />
of Infosys Limited (NASDAQ: INFY),<br />
opened its <strong>Atlanta</strong> delivery center in<br />
Smyrna (Cobb County). The Delivery<br />
Center, Infosys’ second metro <strong>Atlanta</strong><br />
location, was opened to achieve<br />
customer proximity and to provide cost<br />
effective and high productivity-yielding<br />
delivery operations. Infosys projects up<br />
to 250 jobs.<br />
An end-to-end outsourcing services<br />
provider, Infosys BPO addresses business<br />
challenges and unlocks business<br />
value by applying proven process methodologies,<br />
integrated IT and business<br />
process outsourcing solutions. The company<br />
consistently ranks among the leading<br />
BPO companies in India by industry<br />
bodies such as Global Outsourcing<br />
100 (The International Association of<br />
Outsourcing Professionals), FAO Today,<br />
and NelsonHall.<br />
8 | <strong>Metro</strong> <strong>Atlanta</strong> <strong>Chamber</strong><br />
NOVELIS GLOBAL RESEARCH &<br />
TECHNOLOGY CENTER OPENS<br />
<strong>Atlanta</strong>-based aluminum products manufacturer and recycler, Novelis, held<br />
the grand opening of its new global hub of the company’s research and development<br />
operations in Kennesaw (Cobb County). The 160,000-square-foot facility includes materials<br />
and testing labs, a pilot beverage can production line, as well as meeting space.<br />
NOVELIS Novelis, a subsidiary of India’s Hindalco Industries Limited, projects up to 150 jobs.<br />
“The new Global Research & Technology Center will bring together some of<br />
world’s leading metallurgists, materials scientists, engineers and technologists all working for the<br />
benefit of Novelis’ customers across the globe,” said Stefan Erdmann, Novelis’ Vice President of Global<br />
R&D. “The center will tackle challenges ranging from increasing fuel efficiency in automobiles to making<br />
consumer packaging and electronics products more sustainable.”<br />
Novelis will be working with the Georgia Institute of Technology and Southern Polytechnic State<br />
University on research and workforce development.<br />
2012 FORTUNE 500 HEADQUARTERS<br />
<strong>Atlanta</strong> ranks third in the nation among cities with the most FORTUNE 500 Headquarters, according<br />
to the <strong>Metro</strong> <strong>Atlanta</strong> <strong>Chamber</strong>’s analysis of the 2012 FORTUNE list released in May. Since <strong>Atlanta</strong><br />
hosted the 1996 Summer Olympics, the city has consistently ranked in the top five cities with the most<br />
FORTUNE 500 Headquarters. Twenty-six metro <strong>Atlanta</strong> headquartered companies placed among the<br />
latest FORTUNE 1,000, of which thirteen are among the FORTUNE 500.<br />
Photo courtesy of Novelis Inc.
GEORGIA NEWS<br />
GEORGIA ECONOMIC<br />
DEVELOPMENT UPDATE<br />
The 2012 session of the Georgia General<br />
Assembly adjourned on March 30, 2012,<br />
resulting in major strides in economic development<br />
initiatives to propel Georgia’s economy<br />
forward. Highlights include:<br />
• Gov. Deal approved an unprecedented<br />
increase in Georgia’s REBA state dealclosing<br />
fund for major economic development<br />
projects. Now $78.5 million,<br />
Georgia’s fund becomes one of the biggest<br />
in the nation.<br />
• Georgia’s job and port tax credits were<br />
enhanced to include biomedical manufacturing<br />
and alternative energy production as<br />
eligible industries.<br />
• Georgia’s R&D tax credit was enhanced to<br />
offer a stronger cash incentive to companies<br />
without corporate income tax liability.<br />
• Georgia’s omnibus tax bill included a discretionary<br />
sales tax exemption on the energy<br />
used in manufacturing and on construction<br />
materials used in major projects that create<br />
new jobs.<br />
• Georgia’s Employee Retirement System<br />
will open up to alternative investments,<br />
including venture capital.<br />
• Georgia’s international arbitration code<br />
was updated to position Georgia as one of<br />
the few global destinations for the settlement<br />
of complex disputes between international<br />
companies.<br />
ATLANTA’S LOW COST OF DOING BUSINESS<br />
In March 2012, KPMG released two favorable studies for metro <strong>Atlanta</strong> that examine business<br />
location costs and corporate tax burdens throughout the nation.<br />
KPMG’s “Competitive Alternatives 2012: Guide to International Business Location Costs” measured<br />
the combined impact of 26 significant cost components including labor, facility, utility, and transportation<br />
costs, as well as taxes. Total business costs are expressed as an index, with the baseline index of<br />
100.0 being assigned to the United States. <strong>Atlanta</strong>’s index of 96.2 signifies the least-costly location to<br />
do business among the 10 largest U.S. metro areas.<br />
KPMG’s “Location Matters: A Comparative Analysis of State Tax Costs on Business”, in collaboration<br />
with The Tax Foundation, measured corporate income taxes, property taxes, sales taxes,<br />
unemployment insurance taxes, capital stock taxes, inventory taxes and gross receipts taxes. Georgia<br />
was ranked in the top 10 states with the lowest average tax burden for both mature and new firms.<br />
Lowest Cost of Doing Business –<br />
Top 10 Largest U.S. <strong>Metro</strong> Areas<br />
Rank <strong>Metro</strong> Index<br />
1 <strong>Atlanta</strong>, GA 96.2<br />
2 Dallas-Fort Worth, TX 96.5<br />
3 Houston, TX 97.8<br />
4 Miami, FL 97.8<br />
5 Northern VA (DC) 99.2<br />
6 Chicago, IL 99.3<br />
7 Philadelphia, PA 99.4<br />
8 Los Angeles, CA 100.9<br />
9 Boston, MA 101.2<br />
10 New York, NY 103.4<br />
Lowest Corporate Tax Lowest Corporate Tax<br />
Burden for Mature Firms Burden for New Firms<br />
Rank State Rank State<br />
1 Wyoming 1 Nebraska<br />
2 South Dakota 2 Louisiana<br />
3 Georgia 3 Ohio<br />
4 Nevada 4 Wisconsin<br />
5 Ohio 5 Oklahoma<br />
6 Utah 6 Georgia<br />
7 North Carolina 7 Kentucky<br />
8 Maryland 8 Arkansas<br />
9 Nebraska 9 Wyoming<br />
10 Louisiana 10 Utah<br />
Source: KPMG, 2012 Source: KPMG and The Tax Foundation, 2012<br />
Photo © Georgia Department of <strong>Economic</strong> Development<br />
PORTS CRITICAL<br />
TO ATLANTA’S ECONOMY<br />
As policymakers and the business<br />
community work to advocate federal<br />
funding for the Savannah Harbor<br />
Expansion Project (SHEP), a recent<br />
economic impact study reinforces the<br />
importance of Georgia’s ports. In May,<br />
the Selig Center for <strong>Economic</strong> Growth at<br />
the University of Georgia’s Terry College<br />
of Business released “The <strong>Economic</strong><br />
Impact of Georgia’s Deepwater Ports,”<br />
which found that the state’s ports support<br />
352,146 jobs across the state and a<br />
$66.9 billion impact on the state’s economy.<br />
In the 10-county <strong>Atlanta</strong> region,<br />
more than 156,000 jobs are port-related.<br />
<strong>Atlanta</strong> businesses shipped or received<br />
approximately 165,000 TEUs (20-foot<br />
equivalent container units) in FY 2011,<br />
more than $8.6 billion in port business.<br />
DID YOU KNOW?<br />
• CareerCast named <strong>Atlanta</strong> among<br />
the top 10 cities for finding a job<br />
(March 2012)<br />
• Thumbtack.com, in partnership<br />
with the Kauffman Foundation,<br />
named <strong>Atlanta</strong> as the fifth friendliest<br />
city for small businesses<br />
(May 2012)<br />
• The U.S. Census Bureau released<br />
metro <strong>Atlanta</strong>’s population<br />
estimate for 2011: 5,359,205,<br />
ranking 9th largest metro area in<br />
the nation (April 2012)<br />
• Forbes named <strong>Atlanta</strong> and<br />
Savannah among the top 25 best<br />
places to retire (June 2012)<br />
• Hartsfield-Jackson <strong>Atlanta</strong><br />
International Airport won Air Cargo<br />
Week’s World Air Cargo Award for<br />
Airport of the Year for a third time<br />
(June 2012)<br />
MID-YEAR 2012 ECONOMIC BRIEFING | 9<br />
Photo © Georgia Department of<br />
<strong>Economic</strong> Development
<strong>Metro</strong> <strong>Atlanta</strong> <strong>Chamber</strong><br />
235 Andrew Young International Blvd. NW<br />
<strong>Atlanta</strong>, Georgia 30303<br />
404.880.9000<br />
www.metroatlantachamber.com<br />
ATLANTA: POISED TO BECOME<br />
JOB-CREATING MACHINE<br />
According to Kiplinger, <strong>Atlanta</strong> is considered to be among the eight metro areas<br />
poised to outpace the nation’s job growth rate through 2017.<br />
<strong>Metro</strong> Area Job Growth Next 5 Years New Jobs Next 5 Years<br />
<strong>Atlanta</strong>, GA 8% 180,000<br />
Nashville, TN 18% 140,000<br />
Orlando, FL 15% 150,000<br />
Oklahoma City, OK 10%-12% 50,000-70,000<br />
Phoenix, AZ 8%-10% 100,000-150,000<br />
Portland, OR 12% 130,000<br />
Raleigh, NC 14% 75,000<br />
San Antonio, TX 18% 150,000<br />
Source: Kiplinger, June 12, 2012<br />
Photo © Georgia Department of <strong>Economic</strong> Development<br />
ECONOMIC DEVELOPMENT KEY CONTACTS<br />
The <strong>Economic</strong> Development Division can provide immediate information<br />
and direct assistance in all aspects of site location planning including:<br />
commercial and residential real estate, talent recruitment & compensation,<br />
employee training at all levels, access to university resources & school<br />
information, business taxes & incentives and more.<br />
HANS GANT<br />
Senior Vice President<br />
<strong>Economic</strong> Development<br />
404.586.8456<br />
hgant@macoc.com<br />
JOHN GILMAN<br />
Vice President<br />
Corporate Operations &<br />
Business Services<br />
404.586.8446<br />
jgilman@macoc.com<br />
JORGE FERNANDEZ<br />
Vice President<br />
Global Commerce<br />
404.586.8460<br />
jfernandez@macoc.com<br />
DAVID HARTNETT<br />
Vice President<br />
Bioscience-Health IT<br />
Industry Development<br />
404.586.8443<br />
dhartnett@macoc.com<br />
BOB PERTIERRA<br />
Vice President<br />
Supply Chain &<br />
Advanced Manufacturing<br />
404.586.8445<br />
bpertierra@macoc.com<br />
LARRY WILLIAMS<br />
Vice President<br />
Technology Industry Development<br />
404.586.8451<br />
lwilliams@macoc.com<br />
KELLY SYDNEY<br />
Director<br />
Research<br />
404.586.8419<br />
ksydney@macoc.com<br />
235 Andrew Young International Blvd. NW | <strong>Atlanta</strong>, Georgia 30303<br />
Phone 404.880.9000 | <strong>Metro</strong><strong>Atlanta</strong><strong>Chamber</strong>.com