Annual Report

By the Numbers

11

Company Announcements

3,731

New Job Opportunities

$2.63 B

Capital Investment

Every dollar invested and every retained or new job opportunity that SEDA helped facilitate including 3,731 new job opportunities and $2,631,994,199 in capital investment.

Secured four tenants in the Savannah Chatham Manufacturing Center, including three Tier-1 Hyundai Motor Group suppliers for a total commitment of 1,767 job opportunities and a capital investment of $230,596,350.

Continued to partner and support the ambitious pace of Hyundai Motor Group Metaplant America. 

Completed a comprehensive workforce study in partnership with the Savannah JDA and partners and will launch a robust program in 2024.

The Savannah JDA completed site preparation of the Bryan County Megasite for Hyundai Motor Group Metaplant America.

Continued to support Rockingham and Bloomingdale industrial projects, facilitating four announced tenants with more than $250 million in private capital investment.

World Trade Center Savannah led the second-largest trade delegation to Accra, Ghana for the World Trade Centers Association General Assembly.

MovieMaker magazine named Savannah 3rd in their annual ranking of “Best 10 Small Cities and Towns to Live and Work as a Moviemaker” marking the ninth year in a row that Savannah has been ranked in the top three. 

The Savannah Logistics Innovation Center graduated their second cohort of startup companies for a total of 25 alumni. Companies that have gone through the accelerator program have raised a total of $80 million.

For the fifth year in a row, SEDA received Site Selection magazine’s McKinley “Mac Conway Award for Excellence in Economic Development.”

The Hyundai Story

On May 20, 2022, Hyundai Motor Group announced they would be building the first fully dedicated electric vehicle (EV) and battery manufacturing facility in the Savannah region. The announcement included $5.545 billion in capital investment and 8,100 new jobs.

Business Development

Four tenants locate in Savannah Chatham Manufacturing Center

Savannah JDA releases workforce study

WTCSav 2023 Year in Review

WTCSav International Business of the Year

Partners

Savannah Regional

Film Commission

Marketing

Selling Savannah

St. Patrick’s Day and Thanksgiving

2023 SEDA Annual Meeting

Independent Auditor’s Report

The Letters

Paul Hinchey

Chairman, Savannah Economic Development Authority
St. Joseph’s/Candler

Hugh “Trip” Tollison

President and CEO, Savannah Economic Development Authority

Laura Moore

Chairwoman, World Trade Center Savannah

The Seda Team

2023 Board of Directors

2023 World Trade Center Savannah Board of Directors

2023 Meet the Savannah Economic Development Authority Staff