Investing in America
  Georgia
    Business & Economic Development  red  Data Source  

JOB FACTS*

U.S. subsidiaries in Georgia have consistently supported a significant number of jobs in the state. They now employ 190,100 Georgia workers-an increase of over 18% over five years.

In comparison to other states, Georgia has proven to be an attractive location for international employers, ranking 12th in the United States in the number of employees supported by U.S. subsidiaries.

In fact, the relative portion of jobs in the state supplied by U.S. subsidiaries has remained strong over time. They provide the livelihood for 5.7% of Georgia's private-sector workforce.


PROMINENT U.S. SUBSIDIARIES IN THE STATE

ABB Inc.

AEGON USA, Inc.

Akzo Nobel Inc.

Electrolux Home Products

Heckler & Koch

Honda

ING American Insurance Holdings

Mitsubishi Corporation

Panasonic/Matsushita Electric Corporation of America

Philips Electronics

Pirelli Tire

Porsche

Saint-Gobain

SAP

Siemens Corporation

Sodexho Inc.

Total

Unilever United States, Inc.

Yamaha Motor Manufacturing Corp. of America

Zurich North America

MANUFACTURING JOB FACTS

U.S. subsidiaries support 66,700 manufacturing jobs in Georgia. Manufacturing companies tend to have a strong "multiplier" effect on the economy-stimulating a substantial amount of activity and jobs in other sectors through their demand for inputs from other suppliers.

Overall, approximately 35.1% of jobs at U.S. subsidiaries in Georgia are in manufacturing industries.


ONE COMPANY'S STORY

Heckler & Koch, a U.S. subsidiary of a German gun manufacturer, is currently expanding its American presence by building its first U.S. manufacturing facility. The Columbus operation will initially employ 200 and may eventually employ 600 Georgians. The company manufactures weapons for the U.S. military as well as police and civilian markets. This investment is the beginning of a broader initiative that may bring as many jobs to the U.S. as the company employs in Germany.

*Beginning August 2004, the Commerce Department changed the focus of its reported data on jobs supported by foreign direct investment (FDI). From this point on, all FDI statistics will refer only to companies having a majority of foreign ownership. Prior to this change, the Commerce Department followed international standards of including companies that had 10% or more foreign ownership.