Current:Home > StocksGreenBox Systems will spend $144 million to build an automated warehouse in Georgia -Visionary Wealth Guides
GreenBox Systems will spend $144 million to build an automated warehouse in Georgia
View
Date:2025-04-13 19:37:25
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! (44637)
Related
- Trump issues order to ban transgender troops from serving openly in the military
- General Hospital's Jack and Kristina Wagner Honor Son Harrison on First Anniversary of His Death
- What are people doing with the Grimace shake? Here's the TikTok trend explained.
- When do student loan payments resume? Here's what today's Supreme Court ruling means for the repayment pause.
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- What are red flag laws — and do they work in preventing gun violence?
- Lala Kent Addresses Vanderpump Rules Reunion Theories—Including Raquel Leviss Pregnancy Rumors
- 2 Key U.S. Pipelines for Canadian Oil Run Into Trouble in the Midwest
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Kaley Cuoco Reveals Her Daughter Matilda Is Already Obsessed With the Jonas Brothers
Ranking
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Tibetan Nomads Struggle as Grasslands Disappear from the Roof of the World
- 2 Key U.S. Pipelines for Canadian Oil Run Into Trouble in the Midwest
- I've Tried Over a Hundred Mascaras—This Is My New Go-To for the Quickest Faux-Looking Lashes
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- America’s Got Talent Winner Michael Grimm Hospitalized and Sedated
- Biden Climate Plan Looks For Buy-in From Farmers Who Are Often Skeptical About Global Warming
- Alan Arkin, Oscar-winning actor and Little Miss Sunshine star, dies at 89
Recommendation
Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
You'll Love Ariana Grande Harder for Trolling Her Own Makeup Look
UPS strike imminent if pay agreement not reached by Friday, Teamsters warn
Investors Pressure Oil Giants on Ocean Plastics Pollution
Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
Supreme Court sides with Christian postal worker who declined to work on Sundays
A German Initiative Seeks to Curb Global Emissions of a Climate Super-Pollutant
How Much Global Warming Is Fossil Fuel Infrastructure Locking In?