Amazon (AMZN) To Invest $100M in Massive Fulfillment Center Project
Tweet Send to a FriendGet Alerts AMZN Hot Sheet
Down)
Trade AMZN Now!
Amazon (NASDAQ: AMZN) today announced plans to open a 1 million-square-foot fulfillment center in DuPont, Washington. Amazon will create hundreds of full-time jobs with benefits at the new site. The expected investment in the project will exceed $100 million.
At the facility, Amazon employees will pick, pack and ship larger items to customers—anything from canoes to televisions, for example. Amazon fulfillment center jobs pay on average 30 percent more than traditional retail jobs and that doesn’t even include the stock grants that full-time employees receive, which over the past five years have added an average of 9 percent to base pay annually. Amazon offers full-time benefits including healthcare. The company also has a robust military recruiting program and recently committed to hire at least 1,200 veterans in the coming year. DuPont is neighbors with Joint Base Lewis-McChord, one of the largest military installations on the west coast of the United States.
Duke Realty, a commercial real estate developer based out of Indiana, is building the project with Amazon planning to take occupancy in the fall of 2013.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
At the facility, Amazon employees will pick, pack and ship larger items to customers—anything from canoes to televisions, for example. Amazon fulfillment center jobs pay on average 30 percent more than traditional retail jobs and that doesn’t even include the stock grants that full-time employees receive, which over the past five years have added an average of 9 percent to base pay annually. Amazon offers full-time benefits including healthcare. The company also has a robust military recruiting program and recently committed to hire at least 1,200 veterans in the coming year. DuPont is neighbors with Joint Base Lewis-McChord, one of the largest military installations on the west coast of the United States.
Duke Realty, a commercial real estate developer based out of Indiana, is building the project with Amazon planning to take occupancy in the fall of 2013.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Amazon.com (AMZN) Appstore Now Available in 200 Markets
- Apple (AAPL), Samsung Could Crumble Under High-End Smartphone Pressure
- Kindle Fire HD and Kindle Fire HD 8.9” Now Available for Pre-Order for Customers in over 170 Countries Around the World, Shipping June 13
Create E-mail Alert Related Categories
Corporate News
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
