Companies Moving to Atlanta: A Hub for Business Growth

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Cars on a Highway in Atlanta
Credit: pexels.com, Cars on a Highway in Atlanta

Atlanta is a magnet for businesses looking to expand or relocate. With over 1,000 new companies moving to the city each year, it's no wonder why.

The city's business-friendly environment is a major draw, with a low cost of doing business and a highly skilled workforce. Many companies are also attracted to Atlanta's central location, making it an ideal hub for logistics and supply chain management.

In 2020, companies like UPS and Home Depot were among the many businesses that chose to move to Atlanta.

Companies Moving to Atlanta

Exotec, a global warehouse robotics provider, is expanding its North American headquarters in Atlanta with a new 37,000-square-foot facility on Peachtree Street.

This new facility will have a building capacity of 250 employees and is expected to open in 2025. Exotec will be hiring hardware and software engineers to work there.

The new office will be located in close proximity to Exotec's current facility on Ottley Drive and will house a Skypod system showroom, an immersive space, a control center, and a lecture hall-style training room.

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Exotec

Credit: youtube.com, Exotec | Our News | Atlanta Grand Opening

Exotec is a global warehouse robotics provider that's expanding its North American headquarters in Atlanta. They'll occupy a new 37,000-square-foot facility on Peachtree Street, which will house a Skypod system showroom, an immersive space, a control center, and a lecture hall-style training room.

The company's growth is attributed to the doubling of orders in the region in 2023, with many Fortune 500 companies seeking strategic projects. This expansion is expected to open in 2025 and will have a building capacity of 250 employees.

Exotec will be hiring hardware and software engineers to fill the new office, which is located close to their current facility on Ottley Drive. This new office will help the company improve operational efficiency and working conditions for warehouse operators.

Potbelly

Potbelly is expanding its reach in Georgia, with plans to open franchise restaurants in metro Atlanta by 2026. They're partnering with Royal Restaurant Group to bring 15 new locations to the area.

The new restaurants will be situated in popular spots like Alpharetta, Buckhead, Midtown, and Roswell in Fulton County. You can also expect to see them in Brookhaven, Chamblee, Dunwoody, and Perimeter.

Besides sandwiches, Potbelly's menu features a variety of soups, salads, cookies, and milkshakes.

Access to Local Talent Pool

Credit: youtube.com, Big tech company eyes diverse talent pool in Atlanta

Atlanta's access to a top-notch local talent pool is a major draw for companies looking to relocate. With top schools like Georgia Tech, the University of Georgia, Emory University, Clemson, and Auburn University located within the area, businesses can recruit from a large pool of eager entry-level prospects.

Metro Atlanta boasts a well-educated workforce, ranking among the top 20 in the country. This means companies can be confident in the local talent they'll recruit.

One of the factors that has helped Atlanta create a successful startup scene is its access to a rich local talent pool. Local businesses have created a symbiotic relationship with students and new graduates from top colleges.

Companies like Porsche and Mercedes-Benz have already taken advantage of Atlanta's talent pool, with Porsche moving 400 employees to a new $100 million facility near the airport.

Why Businesses Relocate

Atlanta is a popular destination for businesses looking to relocate, and it's no wonder why. The city's thriving economy is ranked the 10th largest in the country, making it an attractive location for companies of all sizes.

Employees of a Startup Software Company Talking During a Break
Credit: pexels.com, Employees of a Startup Software Company Talking During a Break

Lower costs are a major draw for businesses, with Atlanta boasting an affordable cost of living and lower real estate costs than other parts of the country. This is what prompted Mercedes to move around 1,000 employees to Sandy Springs, and Porsche is also taking advantage of the lower costs by moving 400 employees to a new $100 million facility near the airport.

The quality of education in Metro Atlanta is top-notch, with graduates from schools like Georgia Tech, the University of Georgia, Emory University, Clemson, and Auburn University driving corporate relocation to the area. This well-educated workforce is one of the top 20 in the country.

Businesses can also reap tax benefits by relocating to Atlanta, with Porsche's move to the city bringing them around $15 million in tax incentives, including $10 million in property tax abatements.

For another approach, see: Cheapest Cross Country Moving Companies

Benefits of Relocating

Atlanta offers a thriving urban location with strong transportation and proximity to a major airport, making it an attractive option for companies looking to relocate.

Credit: youtube.com, Companies moving to Atlanta,Ga

Metro Atlanta's economy is ranked the 10th largest in the country, with nearly 6 million people and over 150,000 businesses calling it home.

Lower costs are a major draw for companies, with Atlanta boasting an affordable cost of living for employees and lower real estate costs than other parts of the country.

The cost of living in Atlanta is 42% cheaper than in NYC, 38% cheaper than in Los Angeles, 60% cheaper than in San Francisco, and still over 16% cheaper than in Denver.

Companies can receive tax benefits for relocating to Atlanta, making it one of the most attractive places for companies to place their headquarters.

Porsche's move to Atlanta is said to bring them around $15 million in tax incentives, with $10 million in property tax abatements.

The quality of education in Metro Atlanta is one of the top 20 in the country, with graduates from schools like Georgia Tech, the University of Georgia, Emory University, Clemson, and Auburn University.

Atlanta is a hub of cultural opportunities, with world-class ballet, opera, theater, symphony, and sports of all levels and types available year-round.

The city offers a celebrated and lively performing arts scene, a great live music circuit, and top-rated museums, making it a great place to live and work.

Atlanta

Credit: youtube.com, MOVING TO ATLANTA | COMPANIES HIRING IN ATLANTA

Atlanta is a hub for companies looking to relocate or expand their operations. The city's business-friendly environment, diverse economy, and high quality of life make it an attractive destination for businesses and employees alike.

With a strong presence of Fortune 500 companies, Atlanta is home to major corporations such as UPS, Coca-Cola, and Home Depot. These companies have established headquarters or major operations in the city.

The city's airport, Hartsfield-Jackson Atlanta International Airport, is one of the busiest in the world, making it easy for employees and visitors to travel to and from the city.

Relocation Services

If you're considering moving your business to Atlanta, you'll want to explore your relocation options carefully. Full-service movers are often the fastest and most hands-off option, but they come at a price.

Hiring full-service movers is usually the most expensive option, and companies can vary in their flexibility when it comes to moving dates, service minimums, and storage options. This can be a challenge if your business needs to store or hold items between delivery.

If you need to store items, be prepared to pay for a crew twice - once moving into storage and again when you finally move into your new location. This can add up quickly, but many people prefer the convenience of full-service movers.

Kristin Waelchi

Senior Writer

Kristin Waelchi is a skilled writer with a keen eye for detail and a passion for storytelling. With a background in research and analysis, she brings a unique perspective to her writing, delving deep into complex topics and shedding light on the intricacies of the world around us. Kristin's expertise lies in crafting engaging articles that inform and educate readers on a wide range of subjects, including industrial facilities.

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