Secretariat

A Review of Economic and Industrial Development Programs in the State of Georgia

Pooler, Georgia

Program for New Investment

• $320 million or $67,000 per job
  • $220 million from the State of Georgia
  • $100 million from local governments
    • $22.4 million to acquire the site
• Preservation of 625 acres or 5 acres for each destroyed wetland

Investment

• $754 million capital investment
  • Phase I: $450 million and 1800 jobs
  • Phase II: $300 million and 1500 jobs
  • 3,300 jobs directly
    • 2,275 production workers
    • 1,025 salaried workers
  • 700 new jobs as a result of part suppliers
  • 10,000 indirect jobs as a result of plant location
  • Average payroll $155 million
  • Average salary $47,000/year or $22.50 per hour

Links to websites and materials

http://www.dca.state.ga.us/economic/ecopack.pdf
http://www.ga-sites.com/ver2/GAFinanceIncentive.pdf
http://www.dca.state.ga.us/research/finasst.pdf