Current:Home > ContactSignalHub-GreenBox Systems will spend $144 million to build an automated warehouse in Georgia -Blueprint Money Mastery
SignalHub-GreenBox Systems will spend $144 million to build an automated warehouse in Georgia
Algosensey View
Date:2025-04-06 16:32:31
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! (6915)
Related
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Joe Rogan ribs COVID-19 vaccines, LGBTQ community in Netflix special 'Burn the Boats'
- Noah Lyles is now the world's fastest man. He was ready for this moment.
- Christina Hall Takes a Much Needed Girls Trip Amid Josh Hall Divorce
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Christine Lakin thinks satirical video of Candace Cameron Bure's brother got her fired from 'Fuller House'
- Simone Biles ran afoul of salute etiquette. She made sure it didn’t happen on floor
- Robert F. Kennedy Jr. says he left a dead bear in Central Park as a prank
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Powerball winning numbers for August 3 drawing: Jackpot rises to $171 million
Ranking
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- For Novak Djokovic, winning Olympic gold for Serbia supersedes all else
- 83-year-old Michigan woman killed in gyroplane crash
- Veteran Hollywood film producer Daniel Selznick dies at 88
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Alabama man on work trip stops to buy $3 quick pick Powerball ticket, wins 6-figure jackpot
- Mega Millions winning numbers for August 2 drawing: Jackpot now worth $374 million
- GOP leaders are calling for religion in public schools. It's not the first time.
Recommendation
Biden administration makes final diplomatic push for stability across a turbulent Mideast
Last Day to Shop the Nordstrom Anniversary Sale: Race Against the Clock to Shop the Top 45 Deals
Zendaya Surprises Tom Holland With Sweetest Gift for Final Romeo & Juliet Show
Democratic primary in Arizona’s 3rd District still close, could be headed for recount
Intel's stock did something it hasn't done since 2022
Cooler weather helps firefighters corral a third of massive California blaze
Frontier Airlines pilot arrested at Houston airport, forcing flight’s cancellation
A college closes every week. How to know if yours is in danger of shutting down.