Georgia sets record with $35.2 billion in economic development investments

Gov. Brian Kemp and the Georgia Department of Economic Development announced Thursday a new record for project investments in fiscal year 2026 with around $35.2 billion.

The Global Commerce team supported 436 expansions by Georgia businesses and new company locations across the state, which are expected to bring more than 25,000 new private-sector jobs over the next several years.

“Georgia is celebrating a second consecutive year of record-breaking investment as we continue to deliver on the promise to bring good-paying jobs to hardworking Georgians in every zip code,” Kemp said in a news release. “The greatest vote of confidence is a company choosing to expand their existing operations in our state, and that decision made up the vast majority of projects this past fiscal year. With our partners in the General Assembly, Georgia’s world-recognized economic developers, and community leaders, we’re proving why we remain the No. 1 state for business.”

Across the state, 75% of expansions and new locations happened outside of the 10-county metro Atlanta region, and 79% of the project came from existing Georgia companies expanding.

“Georgians in rural communities across the state have access to historic opportunity thanks to the commitment of the Georgia House and Governor Kemp,” said Speaker Jon Burns. “With more job creation and economic investment reaching communities outside of metro Atlanta than ever before, we’re ensuring that every Georgian, regardless of their ZIP code, has the opportunity to find a good-paying job in the community they call home.”