MERCEDES-BENZ USA TO RELOCATE hEADQUARTERS
Transcription
MERCEDES-BENZ USA TO RELOCATE hEADQUARTERS
METRO ATLANTA Economic Briefing FEBrUary 2015 | ISSUE 20 MERCEDES-BENZ USA TO 02 RELOCATE HEADQUARTERS IN THIS ISSUE METRO ATLANTA COMPANY ANNOUNCEMENTS GEORGIA INVESTS FOR A SKILLED BIOSCIENCE WORKFORCE TECHNOLOGY COMPANY HIGHLIGHTS MAC HONORED WITH SMART CITY INITIATIVE AWARD GREEN LIGHT RECEIVED FOR PORT DEEPENING METRO ATLANTA UNITES TO BOOST EXPORTS 2014 FORTUNE 500 / 1000 headquarters 04 05 06 07 08 09 #1 State for Doing Business Area Development magazine, Q3 2014 #1 State for Business Climate Site Selection magazine, November 2014 #1 State for Business CNBC, June 2014 #1 State for Lowest Cost of Doing Business Business Facilities magazine, August 2014 After months of evaluating several states, German automotive manufacturer MercedesBenz USA (MBUSA) selected metro Atlanta for its new corporate headquarters. MBUSA, which is responsible for the distribution, marketing and customer service for all Mercedes-Benz products in the United States, will begin relocating executives and staff from its New Jersey headquarters to metro Atlanta in July 2015. The company plans to create at least 800 new jobs and invest $74 million to build a new headquarters facility, expected to be operational in 2017. MBUSA will keep a parts distribution center and regional office in New Jersey. “Atlanta is a premier city which places us closer to our ever-growing Southeast customer base, our port in Brunswick, Georgia, and to Mercedes-Benz U.S. International, our Alabama manufacturing facility, which accounts for half of the vehicles we sell here in the U.S.,” said MBUSA President and CEO Stephen Cannon in a statement. “For our employees, Atlanta offers a strong quality of life, terrific schools and wonderful cultural and recreational opportunities.” “With its international name recognition and unmatched reputation for quality, MercedesBenz USA’s decision to move to Georgia is simply a home run for the state,” said Gov. Nathan Deal. “I look forward to building upon this new partnership and adding Mercedes-Benz to the state’s already impressive automotive sector. Georgia is home to many growing, globally connected businesses, due in part to our topranked economic environment that has made us the No. 1 state for business three times over. Mercedes-Benz will find in Georgia a state that will help its bottom line, and a people who will welcome its team and their families with open arms. Welcome to Georgia, Mercedes-Benz.” For our employees, Atlanta offers a strong quality of life, terrific schools and wonderful cultural and recreational opportunities. - MBUSA President and CEO Stephen Cannon Metro Atlanta Company Announcements (2014) NEW LOCATIONS (minimum of 5 projected new jobs) Company Facility Type Business Type Location Chime Solutions Keurig Green Mountain Call Center Manufacturing Customer Service & Technical Support Beverage Systems Manufacturing Clayton County Douglas County Projected Number of New Jobs1 1,120 550 Cricket Wireless Corporate Headquarters Wireless Telecommunications City of Atlanta 500 Beaulieu International Group Castellini Group of Companies Global Ministries of the United Methodist Church Gordon Food Service Star2Star Marketo Haso USA United Arab Shipping Company Dasan Machineries Lead Forensics The Kroger Co. mBlox BMC Toppan Printing ResMed Total Quality Logistics Niagara Bottling Salude Interfor AKESOgen DRAX Biomass Star & Shield Group Netsolace Spancrete Otsuka Chemical ASH Projects Citim AM AVICS USA Jinny Software Validation and Engineering Group Prince Global Sports AppRiver EnablePath Impact Cryotherapy Bank of the West (BNP Paribas) Emirates SkyCargo Gotham Sound & Communications JOYDIVISION PrimeStone Sketchin Boplan bvba Tecme/Neumovent Platinum Medical Endava Jones Global Sports (Bobby Jones) Groundfloor Hailo Myriad Devices U.S. Headquarters / Manufacturing Food Processing / Distribution Center Floor Coverings Manufacturing Produce Distribution Bartow County Clayton County 350 300 Global Headquarters Religious Organization City of Atlanta 250 Distribution Center Center of Excellence Branch Office Manufacturing U.S. Headquarters U.S. Headquarters / Manufacturing Corporate Headquarters Distribution Center Branch Office Corporate Headquarters Manufacturing Distribution Center Branch Office Manufacturing Rehabilitation Center Regional Headquarters R&D Center U.S. Headquarters Corporate Headquarters Branch Office Manufacturing North American Headquarters / Manufacturing U.S. Headquarters Manufacturing U.S. Headquarters Corporate Headquarters Regional Headquarters Corporate Headquarters Branch Office Corporate Headquarters Corporate Headquarters / Manufacturing Branch Office Air Cargo Branch Office / Studio U.S. Headquarters / Distribution Center U.S. Headquarters Branch Office Distribution Center Manufacturing Training Center Branch Office Corporate Headquarters Corporate Headquarters Branch Office Branch Office Broadline Foodservice Distribution Cloud Communications Solutions Marketing Automation Software Cleaning Products Manufacturing Global Cargo Shipping Steel Parts & Components Manufacturing Website Lead Generation Solution Grocery Retailer Mobile Software Developer Building Materials & Construction Services Packaging /Transparent Barrier Film Manufacturing Medical Device Manufacturing & Supply Freight Brokerage Bottled Water Supplier Medical Care Lumber Production Genomics Contract Research Wood Pellet Manufacturing Insurance Services Franchise Software Developer Precast Concrete Products Manufacturing Chemicals & Automotive Materials Manufacturing IT Installation Additive Manufacturing for Metal Parts LED Lighting Products Manufacturing Mobile Software Developer Validation & Engineering Services Tennis Equipment & Apparel Manufacturing Internet Security Software Software Consulting Whole Body Cryotherapy Financial Institution Air Cargo Carrier Sound Production & Equipment Personal Products Manufacturing Smart Grid Technology Digital Media Industrial Safety Barriers Manufacturing Medical Device Manufacturing Medical Training IT Consulting Golf Apparel & Equipment Manufacturing Real Estate Crowdfunding Mobile Taxi-Service Applications Mobile Applications Development Douglas County City of Atlanta City of Atlanta Gwinnett County Gwinnett County Gwinnett County City of Atlanta Clayton County Fulton County (North) Fulton County (North) Spalding County Douglas County City of Atlanta Coweta County Gwinnett County Fayette County Gwinnett County Fulton County (North) Fulton County (North) City of Atlanta Coweta County Spalding County Gwinnett County Cobb County Clayton County Fulton County (North) Gwinnett County City of Atlanta City of Atlanta City of Atlanta Fulton County (North) City of Atlanta City of Atlanta City of Atlanta DeKalb County Fulton County (North) City of Atlanta DeKalb County Gwinnett County City of Atlanta City of Atlanta City of Atlanta City of Atlanta City of Atlanta DeKalb County 225 200 200 170 160 150 125 120 100 80 80 78 75 75 70 70 50 50 45 40 40 32 30 30 25 25 25 24 20 20 20 15 15 15 15 15 15 12 10 8 7 5 5 5 5 1 Projected number of new jobs generally are to be created over three years. This list shows all known and confirmed companies that have made metro Atlanta location announcements in the 29-county MSA. If you would like to inform us of other company announcements, please email [email protected]. Sources: Atlanta Business Chronicle; Atlanta Journal-Constitution; company websites; Metro Atlanta Chamber; Georgia Department of Economic Development; Georgia Power Community & Economic Development; 29-county metro Atlanta economic development partners. 2 | Metro Atlanta Chamber Local Expansions (minimum of 15 projected new jobs) Projected Number of New Jobs1 2,000 1,300 Company Facility Type Business Type Location The Kroger Co. AT&T Multiple Locations Multiple Locations Engineering & Technology Center Corporate Headquarters U.S. Headquarters Branch Office Global Headquarters Call Center Call Center Technology Development Center (iLab) Medical Center E-Commerce Distribution Center Clinical Testing Laboratory Corporate Headquarters Hospital Manufacturing / Distribution Center Corporate Headquarters Corporate Headquarters / Distribution Center Technology Development Center Distribution Center Manufacturing Grocery Retailer Telecommunications Services Georgia2 Georgia3 DeKalb County Rockdale County City of Atlanta Fulton County (North) City of Atlanta Henry County Fulton County (North) City of Atlanta Cobb County Fulton County (South) City of Atlanta DeKalb County Coweta County Morgan County Fulton County (North) Bartow County Cobb County Fulton County (South) Rockdale County Corporate Headquarters Medical Device & Surgical Products Manufacturing Fulton County (North) 150 Corporate Headquarters Corporate Headquarters Corporate Headquarters Corporate Headquarters Corporate Headquarters Regional Headquarters Corporate Headquarters Corporate Headquarters Corporate Headquarters Manufacturing Call Center Corporate Headquarters Manufacturing Corporate Headquarters Corporate Headquarters Healthcare Social Media Platform Financial Services Software Business Intelligence Software Payment Processing Marketing Automation Software Automotive Roof Systems Health IT Social Media Marketing Software Digital Currency Yarn, Plastics & Polymer Products Manufacturing Consumer Goods Exporter Marketing Automation Financial Software Industrial Bakery Equipment Manufacturing Architectural Design Cloud Technology Point-of-Sale (POS) Beverage Technology Development Refrigeration Systems & Display Equipment Manufacturing Information Security Industrial Mat Manufacturing Collaboration Software Development Cloud Software Advertising & Marketing Meat Processing Education Entertainment & Digital Media Gaming / Lottery Ticket Manufacturing Email Marketing Services Software Developer for Trade Associations Financial Services Online Game Developer Fleet Management & Tracking Software Thermoplastic Elastomer Manufacturing Architectural Design 150 100 100 100 100 100 100 75 70 70 70 50 65 60 50 Acuity Brands Worldpay Fiserv Novelis TSYS Verizon Wireless Deloitte Northside Hospital Wal-Mart Stores Inc. Atlanta Center for Medical Research Verizon Telematics Cancer Treatment Centers of America Mannington Mills N3 Surya Greenway Health Ivy Linen Services Lexicon Technologies Halyard Health (Kimberly-Clark Health Care) Sharecare eVestment Izenda Priority Payment Systems Salesfusion Inalfa Roof Systems QGenda Insightpool BitPay Aquafil USA China Shipping (North America) Agency Bridge2 Solutions AMF BakeTech tvsdesign Cloud Sherpas DraftServ Technologies North American Headquarters Hussmann Manufacturing Ionic Security Millennium Mat PGi Red Book Connect Luckie & Company Charlie & Sons How Stuff Works Scientific Games MailChimp MemberSuite Kabbage Hi-Rez Studios Isotrak Krailburg TPE The SLAM Collaborative Corporate Headquarters Corporate Headquarters / Manufacturing Corporate Headquarters Corporate Headquarters Branch Office Food Processing / Manufacturing Corporate Headquarters Manufacturing Corporate Headquarters Corporate Headquarters Corporate Headquarters Corporate Headquarters U.S. Headquarters Manufacturing Regional Headquarters Lighting Products Manufacturing Payment Processing Payment Processing Aluminum Products Manufacturing & Recycling Payment Processing Wireless Telecommunications Professional Services Medical Care Consumer Goods Retailer Medical Research & Clinical Trials Wireless Automotive Communications Cancer Treatment Services Floor Coverings Manufacturing Marketing Automation Software Floor Coverings & Home Accessories Manufacturing Health IT Commercial Linen Services Electronic Device Repair Services City of Atlanta Cobb County Fulton County (North) Fulton County (North) City of Atlanta Cherokee County City of Atlanta City of Atlanta City of Atlanta Bartow County Cobb County Fulton County (North) Gwinnett County City of Atlanta City of Atlanta 700 595 500 500 450 435 400 400 400 300 250 227 200 200 200 150 150 150 Gwinnett County 50 Gwinnett County 50 City of Atlanta Gwinnett County City of Atlanta Fulton County (North) Gwinnett County Fulton County (South) City of Atlanta Forsyth County City of Atlanta Fulton County (North) City of Atlanta Fulton County (North) City of Atlanta Gwinnett County City of Atlanta 50 50 50 50 43 40 40 40 40 36 30 30 30 20 15 Projected number of new jobs generally are to be created over three years. 2 Kroger plans to create 2,000 new jobs in its Atlanta Division (Georgia, eastern Alabama, South Carolina). AT&T created more than 1,300 new jobs in Georgia in 2014. This list shows all known and confirmed companies that have made metro Atlanta expansion announcements in the 29-county MSA. If you would like to inform us of other company announcements, please email [email protected]. Sources: Atlanta Business Chronicle; Atlanta Journal-Constitution; company websites; Metro Atlanta Chamber; Georgia Department of Economic Development; Georgia Power Community & Economic Development; 29-county metro Atlanta economic development partners. 1 3 Metro Atlanta Chamber | 3 Bioscience & health IT ATLANTA SCIENCE FESTIVAL March 21-28, 2015 The second annual Atlanta Science Festival is a weeklong celebration of local science and technology that culminates with an all-day interactive Exploration Expo at Centennial Olympic Park. More than 100 events across 30 venues will host an expected 30,000 participants throughout the week. Scientists, experts and educators from local schools, colleges, universities, museums and corporations will uncover mysteries and explain discoveries in handson activities, facility tours, stimulating presentations, and riveting performances at venues across the city. The purpose is to celebrate the essential role of science and technology in our everyday lives and support a strong educational foundation. The Festival is produced by a collaboration of science, cultural, and educational institutions, led by Emory University, Georgia Institute of Technology and the Metro Atlanta Chamber. To learn more, visit AtlantaScienceFestival.org 4 | Metro Atlanta Chamber The Atlanta Center for Medical Research (ACMR), a national leader in research studies to help bring new, safe medications to patients, celebrated the grand opening of its new research facility in southwest Atlanta (City of Atlanta/ Fulton County) on Oct. 23, 2014. The 150,000-square-foot facility is a state-of-the-art research facility for conducting outpatient and inpatient clinical trials – Phase I, first-in-humans, through Phase IV, industry-sponsored pharmaceutical trials. The Center is open-sourced, allowing other medical leaders to conduct research. ACMR projects to create up to 300 new jobs. “This research center is a game changer and the first of its kind. The concept is novel and will help assure faster, more accurate data to get good medications and devices to the market sooner,” said Eric J. Riesenberg, director of operations at ACMR. “The opening of this state-of-the-art research facility is more proof that Atlanta is on its way to becoming the health technology capital of the southeast,” said Mayor Kasim Reed. “The ACMR complex will bring revitalization and hundreds of well-paying jobs to the southwest Atlanta community.” Photo courtesy of ACMR On Nov. 20, 2014 at the 2014 Health IT Leadership Summit, Atlanta hosted a record 1,300 business leaders, healthcare providers and public and private organizations to discuss how the health IT industry can drive innovation. Save the date for Nov. 3, 2015 and learn more at HealthITLeadershipSummit.com Atlanta-based Greenway Health LLC, one of the nation’s top 100 revenue-producing health IT companies, announced a new technology development center in the Cumberland/Galleria area (Cobb County). The company’s new facility, projected to open in early 2015, will be home to 150 new jobs. Atlanta-based Sharecare, Inc., a comprehensive online health and wellness engagement platform created by WebMD founder Jeff Arnold and Dr. Mehmet Oz, host of “The Dr. Oz Show,” is expanding in Buckhead (City of Atlanta/Fulton County). The company, with founding partners Oprah Winfrey, Sony Pictures Television and Discovery Communications, plans to add 150 new jobs to advance its predictive analytics technology. MEDICAL RESEARCH LEADER OPENS NEW RESEARCH FACILITY GEORGIA INVESTS FOR A SKILLED BIOSCIENCE WORKFORCE Photo courtesy of the State of Georgia Office of the Governor 2014 HEALTH IT HIGHLIGHTS Gov. Nathan Deal broke ground on March 31, 2014 on the new Georgia BioScience Training Center – a 52,000 square-foot facility in Covington (Newton County) where employees for Baxter International Inc. and other new biosciences companies that locate in Georgia will be trained. The facility, expected to be operational in 2015, will be operated by Georgia QuickStart, Georgia’s internationally acclaimed workforce development program. “This facility is designated solely to providing customized workforce training as an incentive to attract new biotech jobs,” said Georgia Department of Economic Development Commissioner Chris Carr. “It gives us one of the most effective tools we can have in economic development to recruit more life science and health IT companies to Georgia.” TECHNOLOGY 2014 TECHNOLOGY CO. HIGHLIGHTS Dallas-based AT&T, one of metro Atlanta’s largest employers, created more than 1,300 new jobs in Georgia in 2014 and continues to hire for more positions. The company’s growth has resulted from Project Velocity, an investment plan to expand and enhance IP broadband networks. AT&T Mobility is headquartered in metro Atlanta. London-based Worldpay, a leading global provider of payments technology and services to merchants, partners and developers, announced relocating and expanding its U.S. headquarters in metro Atlanta. Worldpay conducted a national search and determined that Atlanta continues to provide the best access to talent, infrastructure and creative business. The company will relocate 671 employees and create 595 new jobs at the new location which will be in Atlantic Station located in Midtown (City of Atlanta/Fulton County). Brookfield, Wis.-based Fiserv, Inc., a leading global provider of financial services technology solutions, selected a new metro Atlanta location to consolidate approximately 2,000 employees and add 500 new jobs. The new campus in Alpharetta will be occupied in phases during 2015 and 2016. Columbus, Ga.-based TSYS, a global payment solutions provider, chose metro Atlanta for a new contact center that will provide back-up capabilities. Up to 450 new jobs are projected at the new center in McDonough (Henry County). TSYS has eight additional contact centers around the world. New York-based Deloitte selected metro Atlanta for its new iLab technology development center, where it will develop software and analytics products for clients. The professional services firm projects approximately 400 new jobs at the Atlanta center in downtown (City of Atlanta/Fulton County) – the first of four Deloitte centers across the country. Sarasota, Fla.-based Star2Star Communications, developers of the World’s Most Scalable Cloud Communications Solution, chose metro Atlanta for its new Center of Excellence. Approximately 200 new jobs are projected at Star2Star’s office at the Centergy building located in Technology Square of Midtown (City of Atlanta/Fulton County). San Mateo, Calif.-based Marketo, Inc., the leader in digital marketing software and solutions, opened its new East Coast hub in Buckhead (City of Atlanta/ Fulton County) where it projects up to 200 new jobs. Marketo also has offices in Europe, Australia and Japan. METRO ATLANTA: A DYNAMIC acquisition MARKET Top 10 Metro Areas for Private Tech Co. Acquisition Targets (2013) Seattle Boston Chicago New York Silicon Valley Los Angeles San Diego ATLANTA Austin Houston According to PrivCo’s “2014 Private Tech Company M&A Report,” metro Atlanta is a top 10 market for private tech company acquisitions based on total number of U.S. private tech companies acquired in 2013. Ranked eighth nationally, metro Atlanta is the leader for private tech company acquisitions in the Southeast region. Select Metro Atlanta Technology M&A Deals (2014) Atlanta-based FleetCor Technologies, Inc., a leading global provider of fuel cards and workforce payment products to businesses, completed its acquisition of Comdata Inc. from Ceridian LLC for $3.45 billion in Nov. 2014. Comdata, based in Tennessee, is a leading business-to-business provider of innovative electronic payment solutions. Atlanta-based NCR Corporation, the global leader in consumer transaction technologies, completed its acquisition of Digital Insight Corporation from Thoma Bravo, LLC for $1.65 billion in Jan. 2014. Digital Insight, a leader in online and mobile banking solutions, is headquartered in California. Atlanta-based AirWatch, the leading provider of enterprise mobile management and security solutions, was acquired by Silicon Valley’s VMware, Inc. for $1.54 billion in Feb. 2014. AirWatch by VMware remains based in metro Atlanta as the center of VMWare’s mobile operations. Atlanta-based Southwire Company, one of North America’s largest wire and cable producers, acquired Coleman Cable, Inc. for $482 million in Feb. 2014. Southwire expects to maintain a significant presence in Coleman’s home state of Illinois. Atlanta-based Global Payments Inc., one of the largest worldwide providers of payment solutions, acquired Payment Processing, Inc. (PayPros), based in California, for $420 million in March 2014 and subsequently acquired Ezi Holdings Pty Ltd (Ezidebit), based in Australia, for approximately $268 million in Oct. 2014. Atlanta-based technology and communications equipment provider Cbeyond Inc. was acquired by Birch Communications, also based in Atlanta, for $323 million in July 2014. Birch will maintain its headquarters in Atlanta and Cbeyond’s headquarters will become Birch’s newest operations center. IBM acquired Atlanta-based Silverpop, a cloud-based digital marketing software company, in May 2014 under undisclosed financial terms. More than 5,000 brands around the globe utilize Silverpop’s email marketing and marketing automation tools. Metro Atlanta Chamber | 5 MOBILITY 2014 MOBILE TECHNOLOGY CO. HIGHLIGHTS Cricket Wireless LLC, a subsidiary of AT&T Inc., is expanding its new headquarters and no-contract wireless service with 500 new jobs. Now based at Lindbergh Center (City of Atlanta/Fulton County), Cricket offers a nationwide 4G LTE network that covers more than 300 million people. Verizon Wireless, based in New Jersey, announced it is expanding its metro Atlanta presence. The largest wireless company in the U.S. projects 435 new jobs in Georgia to support the company’s rapid growth. Most of the jobs will be created at the company’s call center operations in North Fulton County. Verizon Telematics, the wireless carrier’s automotive business based in Atlanta (DeKalb County), plans to create up to 250 new jobs to develop its “connected car” services. Verizon Telematics provides emergency services, navigation and remote vehicle diagnostics for Mercedes-Benz, State Farm and Volkswagen. Mblox, the largest independent application-to-person (A2P) mobile messaging provider in the world, chose metro Atlanta for its East Coast location. Approximately 100 new jobs in finance, IT and customer service are projected at the California-based company’s Sandy Springs (North Fulton County) office. MOBILE TECHNOLOGY LEADERS CONVENE FOR MOBILITY LIVE! Mobile technology’s key thought leaders produced a sell-out crowd of more than 900 attendees for the 2014 Mobility LIVE! event Sept. 23-24, 2014 in Atlanta. The day and a half mobile experience for leading-edge mobile technology developers, startups and decision makers featured some of the biggest names in technology and included demonstrations of the latest mobile technology products. The conference offered nearly 30 industry sessions covering five tracks: the Internet of Things; Humanizing Mobility; Social Hacking; Technology & Business Evolution; and Over the Horizon. “Mobility LIVE! has brought together the biggest thought leaders in the mobility space from around the country, many of which are based here in Atlanta, to be a part of this extraordinary event,” said Michael Zeto, director, corporate development, M&A, AT&T Mobility Strategy and co-chair of the Metro Atlanta Chamber’s (MAC) Mobility Task Force. “Mobility LIVE! demonstrates that Atlanta has one of the richest mobility ecosystems anywhere. This event has helped to pull together the technology leaders and implementers of mobility solutions that drive real-world impact and highlights Atlanta’s strengths as a global hub for mobile technology innovation.” Headline speakers included: Tom Daly, group director of global connections at The Coca-Cola Company Josh Waddell, vice president of mobile solution management & innovation at SAP Rhonda Crawford, vice president of eCommerce at Delta Air Lines Chris McClellen, digital technology officer at The Weather Channel Doug Webster, vice president of service provider marketing at Cisco Systems MAC Honored with SMART CITY INITIATIVE AWARD The Metro Atlanta Chamber (MAC) Mobility Task Force was honored with a Smart City Initiative Award during the first-ever GSMA Mobile 360North America conference, which was held in conjunction with the second annual Mobility LIVE! conference in Atlanta, Sept. 22-23, 2014. The GSMA represents the interests of mobile operators worldwide, uniting nearly 800 operators with more than 250 companies in the broader mobile ecosystem, including handset and device makers, software companies, equipment providers and Internet companies, as well as organizations in Ralph de la Vega, president & CEO of AT&T Mobile and adjacent industry sectors. MAC’s Mobility Task Force, comprised of Business Solutions; Hala Moddelmog, president & CEO of high-level business and civic leaders, drives the the Metro Atlanta Chamber; Michael O’Hara, chief marketing officer of GSMA strategic direction of Atlanta’s mobile technology initiative. The task force’s vision is to position metro Atlanta as the global hub for mobility. “The Metro Atlanta Chamber, with its Mobility Task Force, is working to advance Atlanta’s position as a center of mobile excellence,” said Michael O’Hara, chief marketing officer, GSMA. “They’re focused on attracting and growing companies in the Atlanta area, developing the right resources to attract and retain a skilled mobility workforce and creating next-generation innovations by establishing an environment that promotes entrepreneurial efforts and R&D. We are pleased to recognize MAC’s Mobility Task Force for these significant efforts.” Metro Atlanta Chamber | 6 SUPPLY CHAIN & ADVANCED MANUFACTURING Keurig Green Mountain, Inc. (Keurig) purchased a 585,000-square-foot manufacturing center in Douglas County, where it will create 550 new jobs to launch its new in-home cold beverage system – Keurig Cold. The Coca-Cola Company entered into a partnership with Keurig to develop the system. Castellini Group of Companies, one of the largest fresh produce distributors in the U.S., chose Clayton County to build a 180,000-square-foot food processing and distribution center to serve customers on the East Coast. Slated to open in Sept. 2015, Castellini’s facility will support 300 new jobs. Gordon Food Service broke ground on a new 445,000-square-foot distribution center in Douglas County. North America’s largest family-owned and managed broadline foodservice distributor will create up to 225 new jobs. The Kroger Co., one of the world’s largest grocery retailers, closed on 253 acres to build a 1,000,000-square-foot distribution center on part of a former U.S. Army base – Fort Gillem – in Clayton County. Kroger projects 120 new jobs and a $175 million investment. Niagara Bottling, LLC chose Coweta County for a new 450,000-squarefoot bottling plant. The nation’s largest private label bottled water supplier and second-largest bottled water manufacturer projects up to 75 new jobs to help better serve customers. GREEN LIGHT RECEIVED FOR PORT OF SAVANNAH DEEPENING Construction may begin on the Savannah Harbor Expansion Project (SHEP) to deepen the harbor from 42 feet to 47 feet to accommodate larger cargo ships via the Panama Canal. As the final milestone, the U.S. Army Corps of Engineers, the Georgia Department of Transportation (GDOT) and the Georgia Ports Authority (GPA) signed a Project Partnership Agreement on Oct. 8, 2014. “Georgia and its congressional delegation have fought long and hard to see this project through to fruition – a project that is vitally important for economic development and job creation not only in the Southeast, but nationally as well,” said Gov. Nathan Deal. The project, which will take three years, will cost approximately $706 million – to be funded 60 percent by the federal government and 40 percent by the state government. The Savannah harbor deepening is expected to bring $174 million in annual net benefits to the U.S., according to the U.S. Army Corps of Engineers. The Port of Savannah is the second busiest terminal by tonnage for the export of American products. Photo courtesy of Georgia Ports Authority 2014 FOOD & BEVERAGE HIGHLIGHTS Southeast U.S. #1 Region for Manufacturing Cost Savings 20% Lower Operating Costs than California METRO ATLANTA: A TOP METRO FOR FOOD MANUFACTURING #4 #13 food manufacturing employment (23,650) food manufacturing establishments (305) Source: U.S. Bureau of Labor Statistics, Garner Economics, September 2014 Source: Site Selection Group, June 17, 2014 Metro Atlanta Chamber | 7 GLOBAL COMMERCE Metro Atlanta ranked among the “Global Cities of the Future for 2014/15” by fDi Magazine, a unit of the Financial Times, which tracks foreign direct investment activity. The 2014 rankings were compiled after analyzing 130 locations around the world. Metro Atlanta ranks in the top 20 “Global Cities of the Future” and is the #1 U.S. city for FDI strategy. IBM’s Global Locations Trends 2014 report ranked metro Atlanta 12th in the world and the #2 U.S. city for foreign investment in 2013. The annual report analyzed data from IBM-PLI’s Global Investment Locations Database (GILD) which tracks announcements by companies on their location decisions throughout the year. According to the inaugural report “FDI in Metro Areas” released by Brookings and JPMorgan Chase in 2014, metro Atlanta ranked 7th in the nation for foreign-owned employment. From 1991 to 2011, the number of jobs in foreign-owned establishments in metro Atlanta grew nearly 75 percent reaching approximately 135,000 jobs. MAC receives presidential honor U.S. Secretary of Commerce Penny Pritzker presented the Metro Atlanta Chamber’s Global Commerce Council with the 2014 President’s “E” Award for Export Service at a ceremony in Washington, D.C. on May 27, 2014. The “E” Awards are the highest recognition any U.S. entity may receive for making a significant contribution to the expansion of U.S. exports. MAC was the only chamber of commerce to receive the “E” Award for Export Service in 2014. 8 | Metro Atlanta Chamber ATLANTA CENTER FOR INTERNATIONAL ARBITRATION AND MEDIATION TO OPEN IN FALL 2015 Thanks to the efforts of the metro Atlanta business community, the Atlanta International Arbitration Society (“AtlAS”), the State of Georgia and Georgia State University (GSU), metro Atlanta’s notoriety as a global city will be elevated as an emerging hub and thought leader for international law and dispute resolution. Now under construction on the GSU downtown campus near Woodruff Park at the corner of Park Place and John Wesley Dobbs Avenue, the Georgia State University College of Law new 200,000-square-foot law building will become home to the Atlanta Center for International Arbitration and Mediation. Georgia’s laws align with those of the United Nations Commission on International Trade Law, and the state-ofthe-art center will serve as a neutral site within the U.S. for parties to resolve international commercial and investment disputes without needing to resort to the court system. “Atlanta has the potential to be the world’s premier location for resolving international business disputes,” said Shelby Grubbs, executive director of the center. “Convenience, cost, competence and congeniality – we have them all and in abundance.” “AtlAS is yet another tool in our marketing kit to tell our story of Atlanta being an exceptional venue for global commerce,” said Jorge Fernandez, vice president of global commerce for the Metro Atlanta Chamber. “A center based at GSU Law School will facilitate arbitration proceedings and this will translate to jobs and grow global commerce activity throughout Atlanta and the surrounding region.” Rendering courtesy of Georgia State University 2014 FOREIGN DIRECT INVESTMENT RANKINGS METRO ATLANTA UNITES TO BOOST EXPORTS Metro Atlanta is one of the nation’s largest economies and exporters of goods and services, yet metro Atlanta is under exporting, as it lags the nation in terms of exports as a percentage of economic output. At the same time, 95 percent of the world’s consumers reside outside the U.S., and 83 percent of economic growth between 2013-18 is projected to occur outside the U.S. For these reasons, metro area business and civic leaders dedicated 2014 to conducting a thorough market analysis and developing a regional strategy to capitalize on global trends through exporting. The Atlanta Metropolitan Export Plan (MEP) is an initiative sponsored by The Brookings Institution and executed by regional partners representing the 29-county Atlanta MSA, including the City of Atlanta Mayor Kasim Reed and the Metro Atlanta Chamber. The 50-person Steering Committee of the Atlanta MEP, chaired by Dwayne Meeks, UPS President, South Atlantic District and co-chaired by David Balos, Chase Market President, Middle Market Banking in Georgia and Alabama, worked throughout the year to understand local export trends and resources available, review insights from local companies and service providers, and recommend specific actions to engage more metro Atlanta companies to pursue growth through exports. The Atlanta Metro Export Plan, which will be released and implemented in 2015, will strengthen local companies and the regional economy by helping more companies to initiate, or enhance, growth through exports. For more information, including the Metro Atlanta Export Market Assessment, visit www.atlantamep.com ATLANTA-BASED COMPANIES 2014 FORTUNE 500 / 1000 HEADQUARTERS DID YOU KNOW? METRO ATLANTA IS HOME TO… According to FORTUNE magazine’s 2014 ranking of the nation’s largest corporations by total revenues, metro Atlanta is home to 28 FORTUNE 1000 companies, of which 16 are FORTUNE 500 companies. Two metro Atlanta-based companies were new to qualify among the FORTUNE 1000 in 2014 – ARRIS Group, Inc. and Ocwen Financial Corporation. One metro Atlanta-based company moved up from the 2013 FORTUNE 1000 to become a FORTUNE 500 company in 2014 – Asbury Automotive Group, Inc. At the time of publication, PulteGroup, Inc. was documented as a FORTUNE 500 headquarters located in Michigan based on financial filings, however, the homebuilding company relocated its headquarters to metro Atlanta in 2014. FORTUNE Rank 33 Revenues (billions) FORTUNE Rank $ 78.8 446 50 $ 55.4 58 $ 46.8 81 $ 37.8 170 ASBURY A U TO M OT I V E G R O U P $ 17.1 Revenues (billions) $ 5.7 472 $ 5.3 524 $ 4.7 532 $ 4.6 547 194 of the Nation’s Fastest-Growing Private Companies • 5th in the nation for Inc. 5000 Headquarters Source: Inc. magazine, August 2014 5 of the Nation’s Top 25 Non-Profits • • • • • Task Force for Global Health National Christian Foundation American Cancer Society Habitat for Humanity International Boys & Girls Clubs of America Source: The Chronicle of Philanthropy, 2014 Philanthropy 400 $ 4.5 8 of the Nation’s Top 100 Health IT Companies • • • • • • • • McKesson MedAssets Greenway Health HealthPort Technologies Brightree Navicure Surgical Information Systems Craneware 205 $ 14.1 644 $ 3.6 261 $ 10.8 732 $ 3.0 262 $ 10.8 798 $ 2.6 293 $ 9.5 867 $ 2.4 5 of the Nation’s Top 100 FinTech Companies 314 $ 8.6 883 $ 2.3 317 $ 8.6 907 $ 2.2 • • • • • 348 $ 7.7 931 $ 2.1 423 $ 6.1 951 $ 2.1 436 $ 5.9 955 $ 2.1 Source: Healthcare Informatics, 2014 HCI 100 ® *PulteGroup relocated from Michigan to metro Atlanta in 2014. Source: FORTUNE magazine, June 2, 2014 NCR First Data Equifax NIIT Technologies TransCentra Source: American Banker/Bank Technology News/Financial Insights, 2014 FinTech 100 Metro Atlanta Chamber | 9 METRO ATLANTA INDICATORS 10 Largest Economy in the U.S. GDP: $307.2 billion th “…Atlanta economy to be a top performer in 2014 and 2015.” PNC Financial Services Group, 2nd Quarter, 2014 U.S. Bureau of Economic Analysis, 2013 Projected Net Job Creation 2014: 60,490 jobs 2015: 78,580 jobs More than 155,000 business establishments Georgia Department of Labor, 2013 Moody’s Analytics, October 2014 BEST TO INVEST: TOP U.S. ECONOMIC DEVELOPMENT GROUPS For the second consecutive year, the Metro Atlanta Chamber was honored as one of the top 10 economic development organizations in the nation by Site Selection magazine in the May 2014 issue. Economic development groups were evaluated on a variety of criteria, with four objective measurements counting the most: jobs, capital investment, jobs per capita, and investment per capita. More subjective attributes were also considered, including creativity of economic development strategy; depth and breadth of project activity; ability to generate breakthrough deals; and the ability to properly document the contributions of the economic development organization to actual project results. The Metro Atlanta Chamber is proud to contribute to Georgia’s economic development efforts in conjunction with the Georgia Department of Economic Development, Georgia Power Community and Economic Development, Invest Atlanta and the county agencies throughout the 29-county metro Atlanta area. Economic Development Key Contacts Brian P. McGowan Executive Vice President Chief Operating Officer 404.586.8442 [email protected] David Hartnett Vice President Economic Development 404.586.8443 [email protected] Jorge Fernandez Vice President Global Commerce 404.586.8460 [email protected] Cathy A. Martin Vice President Economic Development 404.586.8456 [email protected] 235 Andrew Young International Blvd. NW | Atlanta, Georgia 30303 Phone 404.880.9000 | MetroAtlantaChamber.com Kelly Sydney Vice President Research 404.586.8419 [email protected]