For the second year in a row and the fourth time overall, Area Development Magazine named Georgia the top state for doing business. Other states in the top ten include Texas, South Carolina, Tennessee, Alabama, Florida, Indiana, North Carolina, Louisiana, Ohio and Kentucky.

Based on consultants’ rankings, the Peach State was number one for labor climate, and second for overall infrastructure and global access, behind Tennessee. Georgia was number three for business climate, behind Texas and South Carolina. The magazine summarized Georgia’s attractiveness to businesses this way:

It is not surprising to see Georgia rank as the Top State for Doing Business. Georgia places strong in overall cost of doing business and has a diverse workforce. Millennials are now driving the workforce equation, and their decision to call Southern States home has had a positive impact on the corporate and tech sector growth throughout the region. The Georgia difference has been that its longstanding corporate citizens have become team players in economic development. Georgia has built a playbook to bring business leaders to the forefront of economic development, and this collaboration of the private and public sectors has wooed companies such as NCR and Newell Rubbermaid.

In addition to economic development efforts, Georgia offers a highly educated labor market, affordable housing and office space, and access to Hartsfield-Jackson Atlanta International Airport, the world’s busiest airport. The city of Atlanta sits at the intersection of three major interstate highways, with robust railroad access and the fourth-largest shipping container port just a few hours away in Savannah. This mobility makes the state attractive for all asset types.

The magazine warned, however that competing states are catching on to Georgia’s playbook, copying the cooperation provided by state government and the state’s workforce development efforts.