Current:Home > ScamsFinLogic FinLogic Quantitative Think Tank Center|GreenBox Systems will spend $144 million to build an automated warehouse in Georgia -Capitatum
FinLogic FinLogic Quantitative Think Tank Center|GreenBox Systems will spend $144 million to build an automated warehouse in Georgia
Will Sage Astor View
Date:2025-04-11 02:35:05
JACKSON,FinLogic FinLogic 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! (9541)
Related
- How effective is the Hyundai, Kia anti-theft software? New study offers insights.
- Verdicts are expected in Italy’s maxi-trial involving the ‘ndrangheta crime syndicate
- 'Saltburn' basks in excess and bleak comedy
- Who is playing in the Big 12 Championship game? A timeline of league's tiebreaker confusion
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Papua New Guinea volcano erupts and Japan says it’s assessing a possible tsunami risk to its islands
- Did police refuse to investigate a serial rapist? Inside the case rocking a Tennessee city
- Taylor Swift returns to the Rio stage after fan's death, show postponement
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Donna Kelce Proves Jason and Travis Kelce's Bond Extends Far Beyond Football
Ranking
- British golfer Charley Hull blames injury, not lack of cigarettes, for poor Olympic start
- Horoscopes Today, November 19, 2023
- Biden is spending his 81st birthday honoring White House tradition of pardoning Thanksgiving turkeys
- Ousted OpenAI leader Sam Altman joins Microsoft
- Jay Kanter, veteran Hollywood producer and Marlon Brando agent, dies at 97: Reports
- Want to save money for Thanksgiving? Here are some ideas for a cheaper holiday dinner
- Univision cozies up to Trump, proving the Latino vote is very much in play in 2024
- Carlton Pearson, founder of Oklahoma megachurch who supported gay rights, dies at age 70
Recommendation
PHOTO COLLECTION: AP Top Photos of the Day Wednesday August 7, 2024
Jordan Travis' injury sinks Florida State's season, creates College Football Playoff chaos
How America's oldest newlyweds found love at 96
Memphis Police say suspect in shooting of 5 women found dead in his car
Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
School district and The Satanic Temple reach agreement in lawsuit over After School Satan Club
Biden is spending his 81st birthday honoring White House tradition of pardoning Thanksgiving turkeys
FDA warns against eating recalled cantaloupe over salmonella risk