Other than a single visit by then-Gov. Nathan Deal in 2017 and a smattering of locally led trade missions, Italy hasn’t seen the same level of recruitment interest from Georgia as other European locales like Germany and even the Netherlands. Yet somehow, investment from the European Union’s third largest economy has emerged as a major force for […]
Economic Development
Belgian Pharma Giant UCB Planning $47.5M Expansion, 100 New Jobs in Smyrna
Belgian pharmaceuticals firm UCB is set to expand its U.S. headquarters in Cobb County through a multi-phase plan that is to generate $47.5 million in investment and 100 jobs on its existing 47-acre campus. Through its incentive program, Smyrna City Council in a virtual meeting May 4 approved a waiver of $180,950 in building permit and recording fees associated with the first phase […]
New German Chamber President Gets Acquainted With the South — From Southern Europe
Matthias Hoffmann got in before the lockdown. It was early March, and while people in Atlanta had stopped shaking hands, he could still feel the Southern hospitality as he was escorted around a “fantastic green city” by his predecessor. He even ate inside at some of the city’s restaurants — a pastime that now seems […]
European Investors Struggle to Access Pandemic Relief in U.S.
As European firms operating in the United States face disruptions to their supply chains from home, they also seem to be less able to benefit from resources that could help their American competitors more quickly recover from a pandemic-induced recession. European subsidiaries are huge employers in the U.S., with a substantial multiplier effect for the […]
From Singapore to Athens: $260M Factory to Begin Tackling the World’s Plastic Crisis
A Singapore startup’s partnership with the University of Georgia to tackle the global scourge of plastic waste entered a new phase as the company Tuesday announced plans for a $260 million factory and headquarters employing 200 people in Athens. RWDC Industries aims to produce biopolymers called polyhydroxyalkanoates, or PHAs, at a price and formula that will […]
SK to Build Second Georgia Battery Plant, Increase Investment to $2.5B
Georgia’s biggest-ever foreign investment could be poised to grow even larger. SK Innovation, the Korean oil refiner pivoting into electric vehicle batteries, has announced that it will build a second factory on its site in Jackson County and increase its capital investment to $2.5 billion by the time they’re both operational in 2023. The company, […]
Pandemic Speeds Up Launch of Global Health Crisis Center in Atlanta
A center tasked with deepening the collaboration between the private sector and Atlanta’s growing global health community launched this week, its timeline accelerated and relevancy accentuated by the coronavirus pandemic. The Global Health Crisis Coordination Center, or GHC3, is backed by $1 million in seed funding from Microsoft and the CDC Foundation, and has built […]
A Primary School’s Defiance of Local Vandals in Eastern Congo
Education has provided the foundation for Neema Namadamu’s career as a global activist. Even as a child living in a small, remote village in the violence prone Democratic Republic of Congo, she was determined to walk to school with an improvised cane despite having been partially crippled by polio. It’s not really surprising that once […]
How Japanese Firms Are Managing Covid-19 and the Rapid Shift to Remote Work
Japanese companies in the United States face myriad challenges as the coronavirus outbreak forces an abrupt shift to remote work, throwing a wrench into operations heavy on manufacturing and deeply reliant on in-person communication. Nearly 70 percent of Japanese subsidiaries here have seen their sales slip, while 90 percent have at least some staff working […]
Toyo Tire, Another Large, Japanese-Owned Plant, Pauses Production
Toyo Tire is pausing manufacturing at is White, Ga., facility, one of the largest Japanese-owned plants in the state, as the coronavirus saps demand. The tire plant in Bartow County near Cartersville, which has expanded multiple times over the last decade, is expected to resume production April 19, the company announced in a March 30 news release. […]
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