Business Facilities - November 2007 - (Page 12)

BUSINESS REPORT Georgia In March, T-Mobile USA announced it will build a customer service center in Augusta, GA. This project will create over 750 jobs for area residents. The 78,000-squarefoot facility will include state-of-the- art customer service technology and telecommunications tools. “Our customer service employees play a vital role in our company’s success,” says John Birrer, group vice president of customer service for NEW LEGISLATION AFFECTS GEORGIA BUSINESS CLIMATE This year the Georgia General Assembly passed legislation providing for a five-year tax exemption on the sale of tangible personal property used in or for the construction of a new alternative fuel facility dedicated exclusively to the processing of ethanol, biodiesel, and butanol. Georgia is also transitioning to a “single factor gross receipts” apportionment formula for the calculation of corporate income tax. This substantially reduces the Georgia state income tax for companies based in the state that ship a large portion of production out-of-state. Georgia is the first state in the Southeast to adopt this formula. NEED LOCATION INFORMATION T-Mobile USA. “The service mentality of Augusta is a perfect match with T-Mobile’s values.” On the automotive front, Hyundai Mobis, a major automotive supplier for Kia Motors Corporation, announced in March that it will build a 310,000-square-foot facility in West Point, GA. The company anticipates that it will create 600 jobs and invest $60 million by 2010. Hyundai Mobis will supply the $1 billion Kia Motors Manufacturing plant, which is scheduled to begin production in 2009 and produce 300,000 vehicles per year. Hyundai Mobis is the largest auto parts company in Korea and a primary, Tier 1 supplier to Kia and Hyundai around the world. The Mobis facility, which will be constructed on the Kia site in West Point, will build front-end modules, frontrolling chassis modules, rear-chassis modules and cockpit modules, as well as front and rear bumpers and other auto parts for Kia. Mobis began construction in October. The Hyundai Mobis West Point facility will be its third operation in the United States, joining plants in Alabama and Ohio. In addition to its Korean operations, the company has also established facilities in China, Slovakia, and the Czech Republic, and is also expanding to India. RENEWABLE VENTURE Georgia’s renewable energy industry got a boost when Colorado-based Range Fuels broke ground this month on the nation’s first-ever commercialscale cellulosic ethanol plant, located in Soperton, GA. The facility will initially provide 20 million gallons per year of ethanol and have the capacity to produce more than 100 million We can help. Business Facilities 800.524.0337 ext.252 #1610 at www.BusinessFacilities.com 12 NOVEMBER 2007 http://www.fayettega.org http://www.fayettega.org http://www.BusinessFacilities.com

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Business Facilities - November 2007 Contents First Words Snapshots Metro Spotlight: Indianapolis Region, Indiana Georgia's Pursuit of Industry Extreme Technology Sites A Tennessee Trifecta A Watershed Moment for Philly Metro Spotlight: Mexico-Texas Border Region High Tech and Aerospace Heat up in Arizona Meeting the Information Technology Challenge IEDC Announces 2007 Winners Corporate Moves: Alabama Northeast Arkansas Scores Major Investments Corporate Moves: Virginia Metro Spotlight: Martinsville-Henry County, VA Renewable Michigan Advertiser Index Ask the Expert

Business Facilities - November 2007

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