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Thompson Hine LLP, a full-service business law firm with approximately 400 lawyers in 8 offices, was ranked number 1 in the category “Most innovative North American law firms: New working models” by The Financial Times and was 1 of 7 firms shortlisted for The American Lawyer’s inaugural Legal Services Innovation Award. The firm has been recognized by the National Law Journal as a Legal Technology Trailblazer and featured by Bloomberg for its innovative service delivery models, which drive accuracy and predictability. The firm’s commitment to innovation is embodied in Thompson Hine SmartPaTHTM – a smarter way to work – predictable, efficient and aligned with client goals. For more information, please visit ThompsonHine.com and ThompsonHine.com/SmartPaTH.

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Shrewd businesses and their consultants must evaluate several different and, at times, interconnected factors when determining the right location for their next corporate office, headquarters, manufacturing facility, or retail store. Georgia has been the state of choice for many businesses and continues to be highly touted by companies looking for the next ideal location. In 2023, Area Development magazine ranked Georgia as the number one state for doing business for the 10th consecutive year.<a href="#note-i">i</a> The other states that rounded out the top four locations were also in the South: South Carolina, Tennessee, and North Carolina in that order. Here are some determining factors businesses and consultants should consider when making site selection decisions and why Georgia will likely remain at the top of the list for many months in 2024.

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In conclusion, businesses, and consultants navigating site selection must carefully weigh numerous factors, from workforce qualifications to infrastructure and government support. Georgia, renowned for its business-friendly environment and top-ranked status, remains a prime destination for companies looking to relocate or expand. With its growing talent pool, strategic locations, robust infrastructure, and ample available land, Georgia continues to stand out as an ideal choice for businesses seeking expansion or relocation opportunities in 2024 and beyond. Thompson Hine’s <a href="https://www.thompsonhine.com/services/site-selection/">Site Selection</a> practice group can assist any company in finding the perfect location in Georgia. Whether it's for a corporate office, headquarters, manufacturing facility, or retail store, their extensive experience can help you navigate the intricacies of the site selection process.

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<a id="_ftn1" href="#_ftnref1">[</a>i] <a href="https://www.areadevelopment.com/top-states-for-doing-business/q3-2023/2023-top-states-for-doing-business-meet-the-needs-of-site-selectors.shtml">https://www.areadevelopment.com/top-states-for-doing-business/q3-2023/2023-top-states-for-doing-business-meet-the-needs-of-site-selectors.shtml</a>

<a id="_ftn2" href="#_ftnref2">[ii]</a> <a href="https://www.georgia.org/competitive-advantages/workforce-education#:~:text=We've%20got%20a%20labor,job%20seekers%20in%20the%20U.S">https://www.georgia.org/competitive-advantages/workforce-education#:~:text=We've%20got%20a%20labor,job%20seekers%20in%20the%20U.S</a>.

<a id="_ftn3" href="#_ftnref3">[iii]</a> <a href="https://www.abc.org/News-Media/News-Releases/abc-georgia-is-the-no-1-state-for-construction">https://www.abc.org/News-Media/News-Releases/abc-georgia-is-the-no-1-state-for-construction</a>

This article may be reproduced, in whole or in part, with the prior permission of Thompson Hine LLP and acknowledgment of its source and copyright. This publication is intended to inform clients about legal matters of current interest. It is not intended as legal advice. Readers should not act upon the information contained in it without professional counsel.

This document may be considered attorney advertising in some jurisdictions.

https://admin.thompsonhine.com/wp-content/uploads/2024/05/Site-Selection-Trends-Georgia-Remains-a-Top-Option-for-Corporate-Site-Selection-Decisions.pdf

Site Selection Trends: Georgia Remains a Top Option for Corporate Site Selection Decisions

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