Current:Home > MarketsGreenBox Systems will spend $144 million to build an automated warehouse in Georgia -Dynamic Money Growth
GreenBox Systems will spend $144 million to build an automated warehouse in Georgia
Poinbank Exchange View
Date:2025-04-10 01:16:02
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! (78)
Related
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- As fighting surges in Myanmar, an airstrike in the west reportedly kills 11 civilians
- More than 240 Rohingya refugees afloat off Indonesia after they are twice refused by residents
- Tropical disturbance hits western Caribbean, unleashing floods and landslides in Jamaica
- Nevada attorney general revives 2020 fake electors case
- Court orders Balance of Nature to stop sales of supplements after FDA lawsuits
- What to know about grand jury evidence on actor Alec Baldwin and the 2021 fatal film set shooting
- How the US strikes a delicate balance in responding to attacks on its forces by Iran-backed militias
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- The Good Samaritan is also a lobsterman: Maine man saves person from sinking car
Ranking
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Pilot suffers minor injuries in small plane crash in southern Maine
- Have cockroaches in your house? You may live in one of the 'roachiest' cities in America.
- DeSantis appointees seek Disney communications about governor, laws in fight over district
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Logan Airport ‘not an appropriate place’ for migrants arriving daily, Massport CEO says
- NFL broadcaster Charissa Thompson says she made up sideline reports during games
- Tiger Woods' ex-girlfriend Erica Herman drops lawsuit, denies making sexual harassment allegations
Recommendation
Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
FedEx mistakenly delivers $20,000 worth of lottery tickets to Massachusetts woman's home
FedEx mistakenly delivers $20,000 worth of lottery tickets to Massachusetts woman's home
Escaped murderer back in court over crimes authorities say he committed while on the run
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
Hundreds of Salem Hospital patients warned of possible exposure to hepatitis, HIV
K-Pop star Rose joins first lady Jill Biden to talk mental health
TikTok cracks down on posts about Osama bin Laden's Letter to America amid apparent viral trend