Survey says some Georgia companies heading abroad
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Posted 11:36AM on Wednesday 22nd January 2003 ( 22 years ago )
ATLANTA - A new survey says a large number of Georgia companies plan to move some operations abroad. And the business exodus is concerning state economic observers. <br>
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The survey was conducted by Atlanta accounting firm Habif Arogeti and Wynne, the Georgia Industry Association and Kennesaw State University. <br>
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It says 17 percent of manufacturers and 25 percent of companies with revenue of at least ten million dollars are likely to move some operations. <br>
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The companies cite a desire to cut costs, and they believe they can do that in other countries. <br>
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Richard Kopelman of Habif Arogeti and Wynne says it's a wake-up call for Georgia to make a better effort creating a better environment for businesses. <br>
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Almost 250 companies answered the survey, which was sent to businesses with revenue of three million dollars a year or more. <br>
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The survey will be formally released next week and delivered to Georgia legislators.
http://accesswdun.com/article/2003/1/185336
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