Transcript why_atlanta_for_business

WHY ATLANTA FOR BUSINESS?
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METRO ATLANTA OFFERS…
• Regional Business Center
• Diverse Economy & Businesses
• Global & Domestic Access
• International Presence
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REGIONAL BUSINESS CENTER
Southeast Region
• Largest economy of all regions in the U.S. (based on GDP)
– GDP of $3.3 trillion is 22% of nation’s GDP (2011)
• 5th-largest economy of all countries globally (based on GDP)
– GDP forecasted to grow to $5.6 trillion (2040)
• Population: 79.2 million (2011)
– 25% of nation’s population
– 52% of nation’s net migration; net gain of nearly 370,000 people (2010-2011)
– Forecasted to grow to 110 million (2040)
• Employment: 42.1 million (2010)
– 23.3 million jobs forecasted to be created (2010 – 2040)
Sources: U.S. Bureau of Economic Analysis; World Bank; U.S. Census Bureau; U.S. Bureau of Labor Statistics; Woods & Poole Economics, Inc.
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REGIONAL BUSINESS CENTER
Southeast Region
• 65 foreign nations have their consulates for the
U.S. Southeast in Atlanta
• 42 bi-national chambers of commerce have their
U.S. offices for the U.S. Southeast in Atlanta
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6th District of U.S. Federal Reserve Bank
• Hundreds of regional headquarters for
companies, non-profits, and federal government
agencies
 Atlanta
Changes in U.S. Congressional representation
2010 U.S. Census: Southeast gains 4 Congressional seats;
Northeast loses 5; Midwest loses 6
Sources: Georgia Department of Economic Development; U.S. Census Bureau; Metro Atlanta Chamber
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REGIONAL BUSINESS CENTER
Metro Atlanta
• Largest economy of all metro areas in the Southeast region (based on GDP)
– GDP of $272.4 billion (2010)
• 10th-largest economy of all metro areas in the U.S. (based on GDP)
– GDP forecasted to grow to $440.1 billion (2040)
• Population: 5.3 million (2011)
– 2nd-largest metro area in the Southeast region
– 9th-largest metro area in the U.S.
– Forecasted to increase to 8.4 million and become the largest metro area in the Southeast region
and the 7th-largest metro area in the U.S. (2040)
• Employment : 2.9 million (2010)
– 1.9 million jobs forecasted to be created (2010-2040)
• Commercial Real Estate: 1.3 billion square feet – office/industrial/retail (2011)
– Largest commercial real estate market of all metro areas in the Southeast region
Sources: U.S. Bureau of Economic Analysis; U.S. Bureau of Labor Statistics; U.S. Census Bureau; Woods & Poole Economics, Inc.; CoStar Group
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GLOBAL & DOMESTIC ACCESS
Strategic Location
• Most of the U.S. population lives in the eastern third of the country
• More than 80% of U.S. consumers can be reached from Atlanta in two flight hours or two truckload
delivery days
Atlanta
Map courtesy of Georgia Power Community & Economic Development
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GLOBAL & DOMESTIC ACCESS
Passenger Air Service
• World’s “most-traveled” airport based on
passenger volume
– over 92 million passengers annually
– nearly 250,000 passengers each day
• Within a 2-hour flight of 80% of U.S. population
• Direct flights to more than 160 U.S. destinations
and 70 international destinations in 45 countries
• Average of 2,500 daily departures and arrivals
• 5 runways
• 40 international gates
– 12 new international gates recently opened
Maynard H. Jackson Jr. International Terminal
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Sources: Hartsfield-Jackson Atlanta International Airport
Map courtesy of Georgia Power Community & Economic Development
GLOBAL & DOMESTIC ACCESS
Cargo Air Service
• World Air Cargo Award for Airport of the Year by
Air Cargo Week, 2009, 2010 & 2012 - the first U.S. airport award winner
• 16 major air cargo carriers
• 24-hour operations with no landing slots & low landing fees
• Southeast’s only U.S. Department of Agriculture-approved Perishables Complex
• Foreign Trade Zone allows for lower importing costs & faster speed to market
• Cargo delivery trucks may reach more than 80% of U.S. industrial market and
79% of nation’s largest consumer markets within 2 delivery days
• Top 10 international air cargo hub
Sources: Hartsfield-Jackson Atlanta International Airport; Material Handling Industry of America’s Business Facilities’ 2011 Metro Ranking
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SUPPLY CHAIN INFRASTRUCTURE
Strategic Location – Global Gateway
• Atlanta and Georgia’s geographic location makes it
a global gateway connecting companies to the
world’s markets in real time
• Most of the U.S. population lives in the eastern third
of the country
• More than 80% of U.S. consumers can be reached
from Atlanta in two flight hours or two truckload
delivery days
5 Days
3 Days
• Superior infrastructure, extensive intermodal
network of air, road, rail and port
4 Days
2 Days
1 Day
Maps courtesy of Georgia Power Community & Economic Development
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GLOBAL & DOMESTIC ACCESS
Transportation Infrastructure
Highways
• Three major interstate highways (I-75, I-85, I-20)
• 80% of U.S. population reachable within 2 truckload delivery days
Rail
• Over 5,000 railroad miles in Georgia – the largest intermodal hub in the region
• The rail center of the Southeast and one of the five most important distribution
centers in the U.S.
• CSX Transportation and Norfolk Southern each operate more than 80 freight
trains in and out of Atlanta daily
• Overnight freight service available from ports
Ocean
• 250 miles (400 kilometers) from the Port of Savannah
• Nation’s fastest-growing and 4th-largest container port
– 2nd-largest on the east coast
• 2nd-Most exports in the nation
• Only U.S. port to have two Class-1 railroad facilities on terminal
– CSX and Norfolk Southern
Sources: Georgia Department of Economic Development; American Association of Port Authorities; Georgia Ports Authority; Georgia Power Economic Development
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MANUFACTURING & DISTRIBUTION HUB
40% of North American manufacturing and distribution locations are located within 500 miles (800
kilometers) of Atlanta
• 4 of the top 10 warehouse providers in North America are headquartered in Georgia
•
Sources: Material Handling Industry of America (MHIA), 2010; Georgia Department of Economic Development
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MANUFACTURING & DISTRIBUTION HUB
Largest Inland Distribution Markets in the U.S.: Atlanta, Chicago, & Dallas
Sources: Global Insight Inc.
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ATLANTA: HEADQUARTERS FOR THE AMERICAS
Atlanta is a “custom-fit” solution for ready access to the Americas’ free trade agreements:
1. Connectivity: Hartsfield-Jackson Atlanta International Airport facilitates access to 60 destinations in 28
countries in the Americas.
2. International city with an expansive
diversity of cultures and languages.
3. Business networking and connections:
• 22 Latin American consulates
• 10 bi-national chambers of commerce
from Latin America
• Professionals with experience in
international business
4. Skilled workforce to support your operations for the region.
• Science & Engineering (42%), Business (26%) Arts, Education and others (32%)
Source: One Source. Data 2011
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EXAMPLES OF ATLANTA-BASED HEADQUARTERS FOR
THE AMERICAS
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DIVERSE ECONOMY & BUSINESSES
FORTUNE 500 Headquarters (14)
Ranked 3rd in the U.S .for FORTUNE 500 HQ’s
Ranked 3rd in the U.S. for Global 500 HQ’s
Sources: FORTUNE magazine, May 21, 2012
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DIVERSE ECONOMY & BUSINESSES
Major Corporate Headquarters, Manufacturers, Operations, & Non Profits
Automotive Systems
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INTERNATIONAL PRESENCE
Automotive Systems
Sources: Metro Atlanta Chamber
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E: [email protected]
GLOBAL.METROATLANTACHAMBER.COM
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