News Summary

Duracell Inc. will establish a new Research and Development headquarters in Atlanta, Georgia, with an investment of $56 million. This project is expected to create around 110 high-paying jobs for the local workforce. Scheduled to open in Summer 2026 at Science Square, the facility will capitalize on Georgia’s tech ecosystem. The move aligns with emerging opportunities in clean energy and reflects Duracell’s long-standing presence in the state, where it has operated a manufacturing facility since 1980.

Exciting News for Atlanta: Duracell Unveils $56 Million R&D Headquarters

In a thrilling announcement for the city, Duracell Inc., one of America’s top battery makers, is setting up its brand new Research and Development (R&D) headquarters right in the heart of Atlanta, Georgia. This big move comes with a hefty price tag of around $56 million, and it’s expected to create approximately 110 high-paying jobs for local residents!

Building the Future in Science Square

The new facility is set to open its doors by Summer 2026 and will be nestled in Science Square, a vibrant 18-acre research innovation district adjacent to Georgia Tech. This locale has been specifically designed to lure in cutting-edge life sciences and technology companies, and it’s clear that Duracell is ready to take advantage of this incredible space.

Boosting the Local Economy

With the opening of the Duracell headquarters, the average salary for the new roles is projected to hover around an impressive $120,000. That’s not just good news for job seekers; it’s fantastic for Atlanta’s economy as well. The Development Authority of Fulton County is even considering special incentives to make this move extra appealing. One potential perk includes personal property tax abatements worth nearly $870,000, provided Duracell commits to investing about $29 million in essential equipment.

Project Phoenix Takes Flight

Behind the scenes, this initiative has been dubbed “Project Phoenix”. The local development authority is keen to finalize a supportive package to keep Duracell in Atlanta, especially as the company is exploring other locations that might offer more lucrative incentives. The competition to attract Duracell is heating up, and it’s clear that Atlanta wants to continue being a hub for innovation.

Capitalizing on Georgia’s Tech Boom

Duracell is keen on harnessing the speed and momentum of Georgia’s thriving technology ecosystem, all while remaining close to its manufacturing facilities located in LaGrange and a logistics center in Fairburn. This move is not just about relocating; it’s about reshaping and enhancing the existing landscape for battery research and development within the state.

Georgia Tech and Trammell Crow Co. Join Forces

The partnership between Georgia Tech and the commercial real estate firm Trammell Crow Co. has already transformed Science Square by launching its first phase, featuring over 1.8 million square feet dedicated to lab and office spaces. This will also include residential and retail spaces to create a community atmosphere for those working close by.

A Historic Connection to Georgia

Duracell is no stranger to the Peach State; it has had a manufacturing facility in LaGrange since 1980. This strong historical connection gives the company a unique understanding of the local market and workforce, making Atlanta an ideal new home for its R&D headquarters.

Supporting Clean Energy Initiatives

With the federal government increasingly focusing on clean energy technologies, Georgia is emerging as a vital hub for battery innovations. Duracell’s shift toward Atlanta not only advances their corporate goals but also aligns with the country’s objective of strengthening the clean energy tech supply chain.

Adapting to Market Changes

While the demand for life sciences spaces has dipped following the pandemic, it remains to be seen how this will affect overall market trends in Atlanta. The housing of companies like Duracell signifies hope for a strong recovery and shift towards high-tech industries.

Navigating the Next Steps

Duracell was represented by Partners Real Estate during this significant location search, and they also secured legal help from Bradley Arant Boult Cummings LLP. With all these exciting developments in motion, Atlanta is poised to welcome Duracell and embark on a bright future for innovation and job growth!

Deeper Dive: News & Info About This Topic

Author: RISadlog

RISadlog

Recent Posts

New Community Center Coming to Windsor Forest in Savannah

News Summary Savannah residents can look forward to a brand-new Community Center in Windsor Forest,…

New Community Institute and Culinary School Opens in Savannah

News Summary Savannah has launched the Community Advancement Leadership Institute (CALI) offering over 60 free…

Networking Event ‘Masters of Connections’ Launched in Savannah

News Summary On April 3, 2025, Savannah's local community rallied for an engaging networking event…

Chatham County Teen Arrested for Arson and Burglary

News Summary Chatham County Police have arrested 17-year-old Nicholas Holbrook for his involvement in a…

Telfair Museums Launches Tideland Exhibition in Savannah

News Summary On April 3, 2025, the Telfair Museums in Savannah proudly unveiled its Tideland…

New Seminars on Aging in Place Launch in Savannah

News Summary Savannah residents can look forward to a year-long series of free seminars titled…