Current:Home > FinanceGreenBox Systems will spend $144 million to build an automated warehouse in Georgia -Blueprint Money Mastery
GreenBox Systems will spend $144 million to build an automated warehouse in Georgia
View
Date:2025-04-14 22:41:12
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! (4919)
Related
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- 2023 Coachella & Stagecoach Packing Guide: 12 Festival Dresses That Will Steal the Show
- China's Microsoft Hack May Have Had A Bigger Purpose Than Just Spying
- China's early reaction to U.S.-Taiwan meeting is muted, but there may be more forceful measures to come
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Angela Bassett's Stylist Jennifer Austin Reveals the Secrets to Dressing For Black Tie Events
- Easter avalanche in French Alps kills 6, authorities say
- Several killed in Palestinian terror attacks in West Bank and Tel Aviv, as Israel strikes Hamas targets in Lebanon and Gaza
- Stamford Road collision sends motorcyclist flying; driver arrested
- The Horrific Crimes That Inspired the Oscar-Nominated Film Women Talking
Ranking
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Brittney Griner writing memoir on unfathomable Russian imprisonment
- An Economist's Advice On Digital Dependency
- Jacinda Ardern delivers emotional final speech to New Zealand Parliament: You can be a mother ... you can lead, just like me
- Sonya Massey's father decries possible release of former deputy charged with her death
- Feel Like the MVP With Michael Strahan's Top Health & Wellness Amazon Picks
- WeWork Prepares For A Second Act — Banking Its Future On The Rise Of Remote Work
- Hilary Duff's Husband Matthew Koma Playfully Trolls Her Ex Joel Madden for His Birthday
Recommendation
Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
Jimmy Wales: How Can Wikipedia Ensure A Safe And Shared Online Space?
Virginia Shifts $700 Million In Relief Funds To Boost Rural Broadband Access
Google And Facebook Mandate Vaccines For Employees At U.S. Offices
Nevada attorney general revives 2020 fake electors case
South African Facebook Rapist caught in Tanzania after police manhunt
Tougher Rules Are Coming For Bitcoin And Other Cryptocurrencies. Here's What To Know
Pedro Pascal, Zoë Kravitz, Olivia Wilde and More Celebrate Together at Pre-Oscars Parties