Newnan, Georgia, Release: January 25, 2022. The COVID-19 pandemic significantly disrupted working habits in 2020 and 2021 as new variants posed threats to normal operations. As a response to the pandemic, travel bans were established. The bans hindered both domestic and international economies. Because of supply-chain disruptions, companies continued to “re-shore” as offshore manufacturing became too costly. The “Great Resignation” followed suit. Some speculating employees reconsidered the idea of job satisfaction as inflation increased and COVID upended everyone’s livelihood. This sequence of events would make any optimist a skeptic.
Despite these offsets felt by the world at large, the Coweta County Development Authority remained steadfast, convicted to bringing quality employment and exponential capital investments to Coweta County. 2021 proved to be a successful year in an uncertain environment.
2021 IN NUMBERS:
Over 800 new jobs
76 new projects
$333 million + in new investments
Collectively, over 4,000 Jobs in previous 3 years
$630 MM investment in previous 3 years
Coweta’s corporate and global headquarters continued to impact the community. The location of Semperit Industrial increased Coweta’s headquarters count to 9 in total. Headquarter operations create an innate demand for additional support operations and industries. Headquarters are not attracted to clusters of potential talent, but the quality-of-life factors usually generate greater consideration. Coweta County is rich in culture and overall, quality-of-life assets.
“During 2021, the Coweta County Development Authority continued to demonstrate success in creating jobs for residents despite the ongoing pandemic,” shares Chairman Bob Blackburn. “A previous workforce study indicated that approximately 70% of Coweta residents leave the county for work. Therefore, we are thrilled to support local job creation and see more companies choosing Coweta County as their home. In 2022, we are hopeful for sustained economic growth with a focus on targeted industries and the quality of life we always offer.”
“We place priority on creating a pro-business environment inviting to both existing and new industries,” states Coweta County Development Authority President, Trae Westmoreland. “We value economic competitiveness while keeping the tax burden low. With such a great 2021, we are excited to see what 2022 has in store.”
As we look forward, we project an increased pipeline of new projects. We suspect these projects to include an additional number of jobs and capital investment into the County. Distribution growth and demand are outpacing other industrial assets. As vacancy rates tighten, we expect to see continued construction in the area in addition to present manufacturing clusters already established in Coweta County.
Coweta County is opportunity-rich. We have available sites, buildings, and access to the workforce projects are seeking. Even more important, we have undeveloped property. As primary markets continue to become oversaturated in the industrial market and underutilized in the office market, we can expect growth; whether the growth is contained or not. The Coweta County Development Authority will continue to promote smart growth as we preserve our natural resources, assets, and culture- all the while, refining the economic engines of our great community.
Project Manager, Coweta County Development Authority
404.409.5677 – office
Coweta County Development Authority
Working with local, regional, state and national partners, the Coweta County Development Authority works to encourage and promote economic development activity in the county, whether through the location of a new company or through the expansion of an existing facility.
If you would like more information regarding Coweta County Development Authority, please click the link provided :choosecoweta.com.