Henry County saw an impressive year of business investments in 2023. A whopping one billion dollars of investment was announced, creating 1,800 new jobs due to corporate expansions from 11 companies within the County. These projects were headlined by two significant investments from Andersen Windows and New Cold Storage, totaling over $793 million and creating 1,070 jobs. In addition to these significant geothermal projects, a recovery in private investments yielded $283 million and created 730 jobs with contributions from NVH Korea, CarMax, and Kuehne + Nagel.
The latest development report from the Henry County Development Authority is nothing short of impressive. The numbers speak for themselves as the state’s hub for job growth and economic prosperity. The county has attracted one billion dollars in investments in just one year and created over 1,800 new jobs. These investments were made possible due to eleven forward-thinking corporations’ strong support and collaboration during the fiscal year 2023. With this level of growth, it’s clear that Henry County is a prime location for businesses looking to thrive and succeed. We couldn’t be prouder of the remarkable success achieved!
Andersen Windows Investing $420 Million in Locust Grove
New Cold Storage Investing $333 Million in McDonough
In 2023, two significant projects had headline-worthy announcements. Andersen Windows made the most significant corporate investment in county history with a 420-million-dollar investment and plans to construct a new windows manufacturing facility in Locust Grove.
There is exciting news for McDonough, as plans have been made to build a brand-new facility there. The construction of this facility is set to commence later this year, with operations scheduled to begin in 2025. Not only will this bring growth and vitality to the area, but the introduction of the facility will also mean hundreds of new job opportunities for the local community. Along with this incredible development, New Cold Storage is investing $333 million into an automated cold storage facility nearby. This notable investment will create yet another 170 job positions, providing many new and exciting opportunities for job seekers in the region. It’s clear that McDonough is a hub for growth and continuous improvement, and this latest development is only the beginning of what’s yet to come.
NVH Korea, CarMax, and Kuehne + Nagel have also invested in Henry County. NVH Korea has plans to open a facility in Locust Grove that will produce auto parts for electric vehicles. This investment of $72 million is set to create over 160 new jobs and be operational in the second quarter of 2024. CarMax and Kuehne + Nagel are bringing additional investments of $583 million and 1,650 jobs to the county. This influx of capital and job creation is a testament to the attractiveness of Henry County as an ideal place for business investments.
Henry County is proving to be a valuable investment destination, as evidenced by the $1 billion in investments and 1,800 jobs created throughout FY 2023. This influx of capital and job opportunities showcases the county’s attractiveness to business owners looking to expand or locate their operations. Henry County openly welcomes these new investments from Andersen Windows, New Cold Storage, NVH Korea, CarMax, and Kuehne + Nagel. He continues to be the premier choice for regional investments and corporate expansions.
