Atlanta is set to land a major medical device producer and it’s bringing 400 jobs along for the ride.
New York-based Koning Corp. has agreed to move its headquarters to Atlanta and will relocate near Georgia Tech in the coming years.
The company has created what it calls the first computed tomography (CT) imaging system for breast cancer detection, which would allow doctors to view 3D images of breast tissue without the current painful tests required.
According to the Atlanta Business Chronicle, “Koning plans to put its 15,000-square-foot headquarters in the Northyards Business Park. The office park, part of a proposed $500 million health and biosciences innovation district, is near Georgia Tech.
In the next few years, Koning also plans to open an up to 100,000-square-foot plant in the metro area, where it will manufacture the cancer-detecting machines. The company currently outsources manufacturing.”
One of the reasons Koning chose Atlanta was due to the robust logistics industry in the state. We’ve talked about Georgia being a logistics hub in this space before—here and here—but between I-75 and I-85 plus the booming Port of Savannah, you can expect companies to site logistics as a major reason why they choose Georgia for a long time.
Add a fantastic pipeline of talent thanks to Georgia Tech, Emory, and Georgia State, and you can see why a major medical device company would choose Georgia.
Atlanta beat out Boston for Koning’s headquarters, so take that Tom Brady. Who needs a Super Bowl trophy anyway?