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Article: Savannah, Georgia attracts nearly $1.5 billion of new and expanded businesses in 1988; best year ever in economic development.
- Article from:
- PR Newswire
- Article date:
- April 3, 1989
CopyrightCOPYRIGHT 1989 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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/ADVANCE FOR RELEASE AT 5 P.M., EDT, TODAY/ SAVANNAH, GEORGIA ATTRACTS NEARLY $1-1/2 BILLION OF NEW AND EXPANDED
BUSINESSES IN 1988; BEST YEAR EVER IN ECONOMIC DEVELOPMENT
/ADVANCE/ATLANTA, April 3 /PRNewswire/ -- During calendar year 1988 Savannah, Ga. had new business investment and expansion announcements totaling over $1.4 billion. This new site selection and expansion activity broke all previous records, according to statistics released today by the Savannah Economic Development Authority (SEDA).
Richard Knowlton, president and CEO of SEDA reported that these 1988 figures represent $5,565.00 on a per capita basis for Savannah and ...