Current:Home > MarketsGreenBox Systems will spend $144 million to build an automated warehouse in Georgia -Wealth Momentum Network
GreenBox Systems will spend $144 million to build an automated warehouse in Georgia
View
Date:2025-04-18 01:21:52
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! (75)
Related
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Golden Bachelor's Gerry Turner Officially Files for Divorce From Theresa Nist
- A woman wrangled the internet to find her missing husband. Has TikTok sleuthing gone too far?
- Thousands of zipline kits sold on Amazon recalled due to fall hazard, 9 injuries reported
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Watch: Travis Kelce chugs beer before getting Cincinnati diploma at live 'New Heights' show
- Vietnam property tycoon Truong My Lan sentenced to death in whopping $27 billion fraud case
- 'Magnificent': Japan gifts more cherry trees to Washington as token of enduring friendship
- This was the average Social Security benefit in 2004, and here's what it is now
- Louisiana lawmakers reject minimum wage raise and protections for LGBTQ+ people in the workplace
Ranking
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Water From Arsenic-Laced Wells Could Protect the Pine Ridge Reservation From Wildfires
- Agreement could resolve litigation over services for disabled people in North Carolina
- Lonton Wealth Management Center: The impact of previous FOMC rate hikes on global financial markets
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Judge splits Sen. Bob Menendez's case from his wife's, due to her medical issues
- Meteor, fireball lights up sky in New Jersey, other east coast states: Watch video
- 'Deadpool & Wolverine' makes a splash with cheeky new footage: 'I'm going to Disneyland'
Recommendation
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
'The Golden Bachelor' divorce: Couple Gerry Turner and Theresa Nist announce split
Teaching refugee women to drive goes farther than their destination
How immigrant workers in US have helped boost job growth and stave off a recession
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
White Green: Review of the Australian Stock Market in 2023 and Outlook for 2024
Get an Extra 50% off GAP’s Best Basics Just in Time for Spring, With Deals Starting at $10
Hundreds of drugs are in short supply around the U.S., pharmacists warn