The Biden-Harris Administration’s Investing in America Agenda: Delivering for Georgia Companies have committed to invest over $31 billion in Georgia since President Biden took office
For decades, the U.S. exported jobs and imported products, while other countries surpassed us in critical sectors like infrastructure, clean energy, semiconductors, and biotechnology. Thanks to President Biden’s Investing in America Agenda – including historic legislation signed into law by President Biden such as the American Rescue Plan, Bipartisan Infrastructure Law, CHIPS and Science Act, and Inflation Reduction Act – that is changing. Since the President took office in 2021, companies have committed over $31 billion in private sector investments across Georgia. These investments are creating good-paying jobs, including union jobs and jobs that don’t require a four-year degree in industries that will boost U.S. competitiveness, rebuild infrastructure, strengthen supply chains, and help build a clean energy economy. Unleashing a Private Investment Boom in Georgia: Thanks to the President’s Investing in America agenda, Georgia’s economy is now a more attractive place for companies around the world to invest and expand, helping drive U.S. competitiveness and build a clean energy economy. Just in Georgia: Qcells is investing $2.5 billion to expand its solar panel and component manufacturing capacity in Dalton and build a new facility in Cartersville, creating an expected 2,500 jobs. It is the largest single solar investment in U.S. history. Hyundai selected Bryan County to build its first U.S.-based, fully-dedicated electric vehicle and battery manufacturing facility, investing $5.5 billion and creating an expected 8,100 new jobs. Absolics broke ground in Covington, Georgia on a $600 million manufacturing facility that will supply advanced, breakthrough materials to the U.S. semiconductor industry.
As of March 2023
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