Current:Home > InvestGreenBox Systems will spend $144 million to build an automated warehouse in Georgia -FutureFinance
GreenBox Systems will spend $144 million to build an automated warehouse in Georgia
View
Date:2025-04-15 18:33:32
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! (9166)
Related
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- How to watch and stream 'The Prison Confessions of Gypsy Rose Blanchard' Lifetime special
- Virginia man keeps his word and splits his $230,000 lottery prize with his brother
- Maui’s mayor says Lahaina debris site will be used temporarily until a permanent spot is found
- The Super Bowl could end in a 'three
- McDonald's CEO says Israel-Hamas war is having a meaningful impact on its business
- Gigantic spider found in Australia, dubbed Hercules, is a record-setter
- The Bachelorette's Rachel Lindsay Breaks Silence on Bryan Abasolo Divorce
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Will Gypsy Rose Blanchard Watch Joey King's The Act? She Says...
Ranking
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- 27 New Year's Sales You Should Definitely Be Shopping This Weekend: Madewell, Nordstrom, J. Crew & More
- Joseph Lelyveld, former executive editor of The New York Times, dies at 86
- Cher is denied an immediate conservatorship over son’s money, but the issue isn’t done
- 'Most Whopper
- Michael Bolton Shares Brain Tumor Diagnosis
- WIC helps moms and kids eat. But finding what you need isn’t always easy
- Former Alabama police officer charged with murder in shooting of Black man
Recommendation
Intellectuals vs. The Internet
New York governor promises a floating pool in city waterways, reviving a long-stalled urban venture
Former Alabama police officer charged with murder in shooting of Black man
Multiple injuries in tour bus rollover on upstate New York highway
Questlove charts 50 years of SNL musical hits (and misses)
Michigan lottery group won $150,000 after a night out in the bar
David Soul, the actor who portrayed the blond half of TV’s ‘Starsky and Hutch,’ dies at 80
Mississippi deputy fatally shot during traffic stop by suspect who was killed by police after chase