United Arab Shipping Co., a global shipping firm formed in 1976 by Middle Eastern nations to link the region with the rest of the world, is moving its North American headquarters to Gwinnett County.
The company is to invest at least $10 million in the 50,000-square-foot facility, which is to house logistics, accounting, executive management and other functions, according to Gov. Nathan Deal’s office. It’s located in the city of Peachtree Corners, where UASC will relocate 160 jobs. Executives said the company was drawn by metro Atlanta’s workforce and logistics infrastructure, including its “global airline network.”
The nations involved in the founding of UASC include Bahrain, Saudi Arabia, Iraq, Qatar, Kuwait and the United Arab Emirates. The Dubai-based company’s website lists its North American headquarters in Cranford, N.J., presumably the location losing out to Georgia, though that couldn’t be immediately confirmed. The website also lists a Savannah office for United Arab Agencies Inc., along with a few other U.S. offices.
The company did not receive state incentive money for the relocation, according to a spokesperson at the Georgia Department of Economic Development.
A delegation from the United Arab Emirates embassy is slated to visit Atlanta March 25-26, nearly two months Qatar officials made a stop in Atlanta in search of companies with expertise to help prepare for the World Cup in 2022.
More on the UAE delegation here.
Read more: Qatar Not Skimping on World Cup Spending