ATLANTA — Gov. Brian Kemp has joined the Georgia Department of Economic Development in announcing the record-breaking impact the Global Commerce and Film Divisions had in Georgia during Fiscal Year 2019, which ran from July 1, 2018 to June 30.
The Global Commerce Division supported the creation of 28,960 new jobs, generating more than $7.4 billion in investment through the location of 332 projects, while 399 productions filmed in Georgia resulted in a record $2.9 billion invested in the state.
“With record-breaking years in global commerce and film, Georgia leads the nation as the best state for business for the sixth straight year,” Kemp said. “The Peach State remains the Hollywood of the South, and companies across the globe have Georgia on their minds as a great place to invest, expand and relocate.
"I applaud our economic development team for their tireless efforts to ensure Georgia remains a leader in job growth and the standard for a pro-business environment.”
GDEcD is the state's sales and marketing arm and the lead agency for attracting new business investment. It encourages the expansion of existing industry and small businesses by locating new markets for Georgia products, attracting tourists to Georgia, and promoting the state as a destination for arts, film, music and digital entertainment projects.
GDEcD is also primarily responsible for planning and mobilizing state resources for economic development.
The 332 projects located by the global commerce team in FY '19 include new locations and existing industry expansions along with the record-breaking investment of $7.4 billion and 28,960 new jobs. Seventy-four percent of the total economic development announcements were outside of the Atlanta area.
Industries with significant job growth in FY '19 include FinTech, health IT and manufacturing. Thirteen Korean projects represent the most jobs created as well as the highest investment percentage from a single country.
“Year after year, our team at the Georgia Department of Economic of Development works to secure Georgia’s status as the No. 1 state for business,” GDEcD Commissioner Pat Wilson said. “Today, we put the spotlight on our Global Commerce and Film Divisions, which both had incredible success during FY '19.”
In addition, Global Commerce’s Entrepreneur and Small Business team connected with more than 1,600 individuals through presentations, outreach and one-on-one meetings during the fiscal year.
“Economic development is a team sport, and we wouldn’t be as successful as we are without our economic development partners across the state,” GDEcD Deputy Commissioner for Global Commerce Scott McMurray said. “I am proud of our team, and we look forward to the future of economic development in our state.”
Georgia has become one of the top filming locations in the world. The productions filmed in Georgia in FY '19 included 26 feature films, 31 independent films, 214 television series, 91 commercials and 29 music videos. The FY '19 spending figure is preliminary and expected to increase as productions finalize their numbers.
In FY '18, film and television productions spent $2.7 billion in Georgia.
“The entertainment industry has found a home in Georgia,” GDEcD Deputy Commissioner for Film, Music and Digital Entertainment Lee Thomas said. “While the spotlight certainly shines on our competitive incentive, it is the Georgia-based skilled crew, diverse topography, available infrastructure, and the hundreds of small businesses that support our productions that keep us ranked as one of the top filming locations in the world.”