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Updated over 2 years ago, 07/03/2022
Places to Invest in Georgia- Outside of Atlanta
Let's face it. Solid investment deals in Atlanta are long gone. In a market where a dilapidated house receives multiple CASH offers with very few contingencies, the average investor cannot compete. So, what's the solution? Wait until the next crash? Absolutely not! Keep reading...... I have a solution for you!
The economic growth and job creation in Georgia has been astounding. Between July and October, the state increased its economic development investments by 56% and jobs grew by 45% compared to the same period for the year creating ,11,833 jobs. The interesting factor is that 83% of the investments are outside of the 10-county metro Atlanta area.
ByoPlanet International
ByoPlanet International is a leading producer of electrostatic spray technology. The electrostatic spraying technology the company uses in their disinfectant systems stems from research conducted at the University of Georgia. The COVID-19 pandemic has exploded demand for ByoPlanet's disinfectant system. The company is investing approximately $7 million to expand its GA manufacturing operations in Athens, GA creating 250 jobs for the area.
https://byoplanet.com/
Path-Tec
Path-Tec is a leading health care logistics and supply chain solutions provider based in Georgia. The company is expanding their operations in Columbus, GA with a $5 million investment in a 106,000sqft facility creating approximately 350 additional jobs.
https://www.path-tec.com/
Wincore Window Company
Wincore Window is a leading manufacturer of premium vinyl windows and fiberglass entry door systems. The company is creating 100 additional jobs through the expansion of their Swainsboro operations. The company has been repeatedly recognized as a top 100 manufacture by Window &Door Magazine.
http://wincorewindows.com/
Nestle Purina PetCare Company is investing $550 million and creating 130 jobs in the expansion of their Hartwell pet food manufacturing facility. The Hartwell location is responsible for producing several of the company's flagship brands, including Fancy Feast.
https://www.purina.com/
While these are just a few examples of the economic expansion taking place, one thing is clear.....there are major developments happening outside the metro area. The next time you're out bid on a property in Atlanta......remember GA is a large state and there are deals to be had elsewhere.
Happy Investing!
Canesha