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Approved Incentives Bring Jobs to Atlanta

This month, the Invest Atlanta Board approved four economic incentives that will help create and retain more than 2,420 jobs in Atlanta and will bring more than $703 million in capital investment to the city. The incentives were awarded to the following companies:

  • BlackRock Financial Management Inc. – The financial services and investment company headquartered in New York City has brought its iHub to Atlanta, citing the city’s diverse and deep talent pool. BlackRock will create 1,000 new jobs, 600 of which will be middle-wage jobs.

  • Invesco Group Services – The independent investment management firm has committed to retain its headquarters in Atlanta and consolidate operations following its purchase of Oppenheimer Fund. This commitment keeps 586 existing Invesco employees in the city and adds 500 new jobs. 

  • Norfolk Southern Corporation – The North American freight railroad company is relocating its corporate headquarters to Atlanta and consolidating all its corporate staff and operation controllers in the city. This will retain 2,025 Norfolk Southern employees in the city and add 850 new jobs.

  • Coffee Café Bakery – The subsidiary of ZSC Enterprises and Chunara Food Group (CFG) provides donuts and bakery products to Dunkin’ brand restaurants. The board approved a lease purchase bond resolution on its $10,000,000 personal property investment for the Coffee Café Bakery facility, which will create up to 70 middle-wage jobs in Southwest Atlanta.

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