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Economic Developmen
t Update
Georgia Legislative Black Caucus
What the Augusta Economic Development Authority does…
Incentives…financial and human relations
A big part? Health Care and Wellness
Important for potential employers
Some words about wellness…
One of the reasons for the growth of healthcare costs to employers is the rise in obesity-related illnesses brought about by lack of physical activity
Another is the effect of an aging workforce and the associated increase in chronic health conditions driving higher health care utilization.
In 2000 the health costs of overweight and obesity in the US were estimated at $117 billion.
Each year obesity contributes to an estimated 112,000 preventable deaths.
Continued…
Being overweight increases yearly per person health care costs by $125, while obesity increases costs by $395.
A survey of NC Department HHS found that approximately 70 cents of every healthcare dollar was spent to treat employees who had one or more chronic conditions, two thirds of which can be attributed to three major lifestyle risk factors: physical inactivity, poor diet, and tobacco use
Even more….
Respond to our prospects requirements for utilities, incentives, location, transportation, and more importantly…a good workforce
That includes a healthy workforce.
Our goal?
New investments in Augusta
Electrolux
Announced investment since 2009: $832,000,000
Planned - $112,000,000
New and Expanded Projects
Announced jobs since 2009: 3272 new jobs
Planned: 415 new jobs
New Jobs Created
New investments in Augusta
Electrolux
Augusta Economic Development Authority Augusta-Richmond County GIS, Administrator, Planning & Development Augusta Regional Airport Augusta Technical College Augusta Utilities AGL Resources AT&T CSX Railroad Georgia Department of Economic Development Georgia Department of Labor Georgia Department of Transportation Georgia Power Georgia QuickStart Georgia Regents University Jefferson Energy Norfolk Southern Railroad Paine College
Rapid Response Team
Three and Five Year Plan New speculative industrial buildings New access road into the Augusta Corporate
Park Focus on Existing Industry New Project Manager to focus on Life Sciences Opportunity Zone for South Augusta “Get Away From the Name CSRA”
Encourage media, local government and nonprofits
On the Agenda
Augusta Economic Development
AuthoritySuite 560, 1450 Greene Street, Historic
Enterprise MillAugusta, Georgia 30901
706-821-1321Email: wsprouse@AugustaEDA.org Website: www.AugustaEDA.org
©2010 Development Authority of Richmond County
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