Current:Home > ContactGreenBox Systems will spend $144 million to build an automated warehouse in Georgia -Edge Finance Strategies
GreenBox Systems will spend $144 million to build an automated warehouse in Georgia
Poinbank Exchange View
Date:2025-04-08 16:35:44
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! (51)
Related
- Trump invites nearly all federal workers to quit now, get paid through September
- The Bachelor Season 28: Meet the Contestants Competing for Joey Graziadei's Heart
- What to know about the Colorado Supreme Court's Trump ruling, and what happens next
- Swiss upper house seeks to ban display of racist, extremist symbols that incite hatred and violence
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Mother of a child punished by a court for urinating in public refuses to sign probation terms
- Live updates | Talks on Gaza cease-fire and freeing more hostages as Hamas leader is in Egypt
- The Bachelor Season 28: Meet the Contestants Competing for Joey Graziadei's Heart
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Live updates | Talks on Gaza cease-fire and freeing more hostages as Hamas leader is in Egypt
Ranking
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Christian group and family raise outcry over detention of another ‘house church’ elder in China
- Did you know 'Hook' was once a musical? Now you can hear the movie's long-lost songs
- 15 Celeb-Approved White Elephant Gifts Under $30 From Amazon That Will Steal The Show
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Separatist leader in Pakistan appears before cameras and says he has surrendered with 70 followers
- Live updates | Talks on Gaza cease-fire and freeing more hostages as Hamas leader is in Egypt
- New York Gov. Kathy Hochul signs controversial legislation to create slavery reparations commission
Recommendation
The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
Pablo Picasso: Different perspectives on the cubist's life and art
New York man who served 37 years in prison for killing 2 men released after conviction overturned
Cameron Diaz denies feuding with Jamie Foxx on 'Back in Action' set: 'Jamie is the best'
Sonya Massey's father decries possible release of former deputy charged with her death
Huntley crowned 'The Voice' Season 24 winner: Watch his finale performance
Christmas cookies, cocktails and the perils of a 'sugar high' — and hangover
15 Celeb-Approved White Elephant Gifts Under $30 From Amazon That Will Steal The Show