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13.01.2020 16:49 Age: 318 days

2019 Forward Forsyth Economic Development Report


Forward Forsyth’s Annual Report

 

The Forsyth County Chamber is proud to promote a superior quality of life for the community by actively engaging in economic development efforts as part of Forward Forsyth, the community partnership entity championing positive movement in the tax digest. Below, find some of 2019’s highlights and get a glimpse of how Forward Forsyth’s investors are producing exceptional results for the community. 

·         88 Economic Development Projects

These projects are the initiatives that grow the county. The business professionals and community leaders in the area worked together this year to foster future development in the key areas of healthcare, manufacturing and technology. In turn, these projects generated jobs and capital investments in the community. Of the 88 projects Forward Forsyth’s team worked on, 28 percent are existing firms announcing local expansions. The remaining 64 percent are firms relocating to the community and 8 percent deciding to remain in Forsyth County rather than moving elsewhere.

·         1,100+ Jobs Created

Job growth is critical to bolster a thriving economy. New employers in the area include Encompass Health, Premier Automation and the Embassy Suites at Halcyon. Firms like Sports Warehouse, Solvay Specialty Polymers and Clear Comms expanded their local operations in 2019, creating additional local jobs.

·         Nearly $115 Million Dollars of Capital Investments Added to the Community

When a business relocates, begins or expands in Forsyth County, it makes an investment in this community. In 2019, Forward Forsyth assisted 88 businesses in investing nearly $115 million back into the community.

Additionally, a huge step forward was taken in 2019 for commercial growth and development in the community when the Chamber of Commerce, the County Government, the Development Authority, the School System and Lanier Technical College announced an economic development partnership entity at the 2019 State of the County Address. That entity was Forward Forsyth. This new partnership and more aggressive direction are already paying important dividends. 2019 was an impressive year for economic development. We look forward to serving you in 2020!