ATLANTA – October 25, 2018 – Gov. Nathan Deal today announced that BlackRock, the world’s largest asset management firm and a technology solutions provider, has chosen Atlanta for the company’s newest Innovation Hub. BlackRock plans to build its presence in Fulton County, partner with the Atlanta business community and local universities, and create 1,000 career opportunities over the next several years.
“When firms like BlackRock choose to expand here in the No. 1 state for business, it’s a powerful statement of what Georgia has to offer to industry leaders,” said Deal. “Georgia provides a workforce that is among the nation’s best and brightest, and their talents and skills, paired with our willingness to embrace cutting-edge innovation, will provide BlackRock with valuable resources as the company continues to grow across our nation. The establishment of this new Innovation Hub also reaffirms the value of the low-tax, pro-business environment we have established, an environment that will provide BlackRock with a strong foundation for success in Fulton County. Our state is truly a hub for industry leaders of all sectors and BlackRock’s plans to strengthen its presence here further proves that Georgia is on the minds of our nation’s top job creators. We value BlackRock’s commitment to creating career opportunities in Fulton County and look forward to the growth of this partnership in the years to come.”
“I would like to personally welcome BlackRock to our community here in Fulton County,” said Chairman Robb Pitts. “Our business climate is in the midst of an unprecedented upswing, and we are overjoyed that BlackRock has chosen to join in what we are building here.”
By expanding in Atlanta, BlackRock will extend its technology capabilities and enjoy proximity to top universities, including Georgia Tech, where BlackRock currently sponsors the BlackRock Hallac Scholarship for socioeconomically disadvantaged students pursuing degrees in science, technology, engineering and math.
“The addition of the BlackRock innovation hub speaks to the direction we’re headed in and the resources available here in our county,” said Commissioner Liz Hausmann. “Fulton County continues to blaze new trails across all sectors of business. With BlackRock on board, we are positioning ourselves as the national leader in both the innovation and fin-tech industries, and we are excited to see what the future has in store.”
“This is yet another huge win for Fulton County and the state of Georgia as a whole,” said Al Nash, CEO of the Development Authority of Fulton County. “The 1,000 jobs that the BlackRock innovation hub stands to create will provide new, exciting opportunities for our residents to work for the world leader in asset management.”
Georgia Department of Economic Development (GDEcD) Senior Project Manager Randall Toussaint represented the Global Commerce Division in partnership with Invest Atlanta, the Metro Atlanta Chamber and Georgia Power.
BlackRock helps investors build better financial futures. As a fiduciary to clients, BlackRock provides the investment and technology solutions clients need when planning for their most important goals. As of Sept. 30, 2018, the firm managed approximately $6.44 trillion in assets on behalf of investors worldwide. BlackRock’s global headquarters are in New York. For additional information, visit www.blackrock.com.
Select Fulton is Fulton County’s Economic Development initiative, launched in 2016, bringing together the expertise of the Development Authority of Fulton County, a professional Economic Development team, and WorkSource Fulton. Learn more at www.selectfultoncounty.com.