Current:Home > InvestGreenBox Systems will spend $144 million to build an automated warehouse in Georgia -WealthMindset Learning
GreenBox Systems will spend $144 million to build an automated warehouse in Georgia
View
Date:2025-04-14 17:28:57
JACKSON, Ga. (AP) — An automated warehouse company announced Wednesday that it will invest $144 million to build a facility in Georgia
GreenBox Systems said it would hire 300 people to work at the warehouse that it plans to open in late 2025 near Jackson, about 35 miles (60 kilometers) southeast of Atlanta.
GreenBox is a joint venture between Japan’s SoftBank Group Corp. and Massachusetts-based Symbotic. GreenBox uses Symbotic’s automation technology, including vision-enabled robots and artificial intelligence to create warehouses that rely less on humans to sort, pack and ship goods. Greenbox has at least one other site in California.
Automating a warehouse is expensive, and the idea behind GreenBox is that customers will pay a recurring fee to house their goods at a GreenBox warehouse and use the technology. The company didn’t announce Wednesday if it had customers for the Butts County location or who they might be and didn’t respond to an email seeking more information
The warehouse is planned to be built as part of a larger industrial park off Interstate 75. Massive warehouses have proliferated along the interstate corridors that radiate from Atlanta, sometimes causing conflicts with local residents in part because of the long lines of trucks they rely on.
The state will pay to train GreenBox’s workers, and the company could qualify for $4.5 million in state income tax credits, at $3,000 per job over five years, as long as workers earn at least $35,600 a year. Butts County could also grant property tax breaks on GreenBox’s equipment and property.
veryGood! (38976)
Related
- NCAA President Charlie Baker would be 'shocked' if women's tournament revenue units isn't passed
- Flaco, the owl that escaped from Central Park Zoo, still roaming free a year later in NYC
- Like Spider-Man, you may have your very own 'canon event.' Here's what that means.
- These Grammy 2024 After-Party Photos Are Pitch Perfect
- Senate begins final push to expand Social Security benefits for millions of people
- Daddy Lipa arrives! Dua Lipa wins the Grammys red carpet bringing her father as a date
- How Las Vegas evolved from Sin City to Super Bowl host
- How Calvin Harris Reacted to Seeing Ex Taylor Swift at 2024 Grammys
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Streaming services can cost a pretty penny: Here are 7 ways to cut down on your bill
Ranking
- Buckingham Palace staff under investigation for 'bar brawl'
- Andy Cohen Breaks Silence on Kandi Burruss' Shocking Real Housewives of Atlanta Departure
- Beyoncé and Jay-Z's Love Is Still on Top During 2024 Grammys Date Night
- Where's Ray Wright? High-speed chase leads to clues in Sacramento man's abduction and revenge murder
- Plunge Into These Olympic Artistic Swimmers’ Hair and Makeup Secrets
- Father of Chiefs star Patrick Mahomes arrested in Texas on suspicion of drunk driving
- Who is Steve Belichick? Bill Belichick's son to be Washington Huskies' DC, per reports
- This 4-year-old's birthday was nearly ruined. Then two police officers stepped in to help.
Recommendation
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
Black and Latina women helped propel gains for unions in 2023, finds a new study
United Football League reveals 2024 schedule with 10 game regular season slate
Pennsylvania governor to deliver budget while seeking money for higher education and public transit
DoorDash steps up driver ID checks after traffic safety complaints
Texas Gov. Abbott insists state has right to protect border amid feud with President Biden
Why Gwen Stefani Felt Selfish During Early Days of Motherhood
Episcopal Diocese of Mississippi elects its first woman, Black person as bishop