Current:Home > StocksSignalHub-GreenBox Systems will spend $144 million to build an automated warehouse in Georgia -Wealth Momentum Network
SignalHub-GreenBox Systems will spend $144 million to build an automated warehouse in Georgia
TradeEdge Exchange View
Date:2025-04-11 07:42:21
JACKSON,SignalHub 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! (55498)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- 2 Michigan officers on leave after video shows officer kicking Black man in head during arrest
- Get a $78 Anthropologie Pullover for $18, 25% off T3 Hair Tools, $800 off Avocado Organic Mattress & More
- Florida woman found dead on cruise ship, Bahamas police say
- Former Danish minister for Greenland discusses Trump's push to acquire island
- St. Patrick’s parade will be Kansas City’s first big event since the deadly Super Boal celebration
- Black Mirror Season 7 Details Revealed
- Small businesses are cutting jobs. It's a warning sign for the US economy.
- South Korean president's party divided over defiant martial law speech
- Can women really have it all? Lily Allen says kids ruined career, highlighting that challenge
Ranking
- Federal hiring is about to get the Trump treatment
- SpaceX launches Super Heavy-Starship rocket on third test flight
- Give Your Space a Queer Eye Makeover With 72% Off Bobby Berk Home Decor
- New-look Los Angeles Dodgers depart for world tour with MVPs and superstars in tow
- Retirement planning: 3 crucial moves everyone should make before 2025
- A 1-year-old boy in Connecticut has died after a dog bit him
- Kali Uchis Gives Birth, Welcomes First Baby With Don Toliver
- The League of Women Voters is suing those involved in robocalls sent to New Hampshire voters
Recommendation
The Daily Money: Spending more on holiday travel?
Christie Brinkley reveals skin cancer scare: 'We caught the basal-cell carcinoma early'
What is a 'flat white'? Today's Google Doodle celebrates the coffee beverage
Titanic expedition might get green light after company says it will not retrieve artifacts
Senate begins final push to expand Social Security benefits for millions of people
JPMorgan fined almost $350M for issues with trade surveillance program
Christie Brinkley reveals skin cancer scare: 'We caught the basal-cell carcinoma early'
Spilling The Swift Tea: Sign up for the Taylor Swift newsletter