Current:Home > MarketsTrendPulse Quantitative Think Tank Center-GreenBox Systems will spend $144 million to build an automated warehouse in Georgia -MarketPoint
TrendPulse Quantitative Think Tank Center-GreenBox Systems will spend $144 million to build an automated warehouse in Georgia
Poinbank View
Date:2025-04-08 09:38:16
JACKSON,TrendPulse Quantitative Think Tank Center 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! (712)
Related
- Average rate on 30
- Democrat April McClain Delaney wins a US House seat in a competitive Maryland race
- Entergy Mississippi breaks ground on new power station
- With Joe Burrow, Ja'Marr Chase leading way, Bengals running out of time to save season
- In ‘Nickel Boys,’ striving for a new way to see
- Pete Holmes, Judy Greer on their tears and nerves before 'The Best Christmas Pageant Ever'
- SEC showdowns with CFP implications lead college football games to watch in Week 11
- A Timeline of Brianna Chickenfry LaPaglia and Zach Bryan's Breakup Drama
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- ‘Saturday Night Live’ to take on a second Trump term after focusing on Harris
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- FBI, Justice Department investigating racist mass texts sent following the election
- Mississippi Senate paid Black attorney less than white ones, US Justice Department says
- Gender identity question, ethnicity option among new additions being added to US Census
- A South Texas lawmaker’s 15
- Democrat Andrea Salinas wins reelection in Oregon’s 6th District
- Republican US Rep. Eli Crane wins second term in vast Arizona congressional district
- Horoscopes Today, November 8, 2024
Recommendation
Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
NASA says Starliner astronauts Suni Williams, Butch Wilmore 'in good health' on ISS
National Fried Chicken Sandwich Day 2024 is Saturday: Check out these deals and freebies
Kentucky officer who fired pepper rounds at a TV crew during 2020 protests reprimanded
South Korean president's party divided over defiant martial law speech
49ers' Nick Bosa fined for wearing MAGA hat while interrupting postgame interview
Zach Bryan Hits the Road After Ex Brianna Chickenfry LaPaglia's Emotional Abuse Allegations
Yellowstone Cast Reveals “Challenging” Series End Without Kevin Costner