Quick Start Earns Georgia Top Ranking
Wednesday, March 28th, 2012| 1) Quick Start Earns Georgia Top Ranking for Work Force Development
2011 Top States for Doing Business, Fall 2011 |
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| For the second year in a row, leading site location consultants have chosen Georgia as the No. 1 state for work force development programs. In it its Fall issue, Area Development magazine published the results of its second annual survey and credits Quick Start as the key factor in that top ranking.
“Georgia was ranked first for labor availability and work force development programs, and since a trained and available work force is often the deciding factor for businesses, Georgia Department of Economic Development Commissioner Chris Cummiskey points out that the Quick Start work force development program has played a major role in the state’s success.” As before, a select group of consultants were asked to choose their top five states in several related categories. Georgia also ranked first in Overall Labor Climate and Labor Availability, and second overall. To learn more, visit www.areadevelopment.com. |
2) Annual Site Consultant Survey Results: http://www.areadevelopment.com/AnnualReports/Winter2012/26th-Corporate-Executive-RE-survey-results-287123.shtml
My Highlights
- 25 % of executives expect to open new facilities within 1 year (25 % but largest category), 2 years is 18 % (largest collective percent in last few years – 43 %)
- 30 % have added facilities in last 12 months (primary reason: increased sales production or result of M&A)
- 37 % believe the economy with significantly improve by 2013, 43 % say not until 2014 (other percentages believe earlier/now)
- Location of new domestic facilities – largest percentages are SW (AZ, NM, OK, TX) = 15% Midwest (IL, IN., MI, OH, WI) – 11 % , South (AL, FL, GA. LA, MS) – 10 % and South Atlantic (NC, SC, CA, WV) – 10%
- Largest type to open – Mfg- 32 %, warehouse/DC – 28 %
- 83 % of jobs to be created at these facilities are less than 100 jobs (9 % -500 or more)
- 40 % plan to expand existing facilities in 2 years
- Barriers to more domestic investment ( Economic instability – 65 %, 54 % excessive govt regulation – this is interesting because it is the same complaint coming from the Conference Board Global CEO survey), high corporate taxes – 31 %, highly litigious environment – 29 %, lack of faith in US monetary policy – 26 %, Other – 1%)
- Very small percentages were going to have plans to offshore or onshore (less than 3 % both ways) – means no movement really
SITE SELECTION FACTORS, CORPORATE SURVEY 2011 (Winter 2012 magazine)-
Highway Accessibility and Labor Costs are top two decision factors













