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Amazon.com (AMZN) Looks to Add 850 Job with Plans to Open Second Fulfillment Center in Delaware

February 14, 2012 9:03 AM EST
AMZN Hot Sheet
Overall Analyst Rating:
    BUY (= Flat)

Revenue Growth %: +33.9%
Amazon.com, Inc. (NASDAQ: AMZN) today announced plans to open a 1.0 million-square-foot fulfillment center in Middletown, Delaware. Amazon will create 850 full-time jobs at the new center. Total investment in the project will exceed $90 million.

“We welcome Amazon’s expansion in Delaware, which will mean a significant number of jobs for many skilled and talented Delawareans who want to get to work,” said Governor Markell. “The company’s expansion is a credit to the hard work taking place throughout the state to attract top-notch employers.”

The Middletown facility will be Amazon’s second fulfillment center in Delaware. Amazon opened its fulfillment center in New Castle in 1997. The company currently employs hundreds of full-time workers at the facility.

“We look forward to opening our second facility in Delaware this year, creating 850 new jobs in the state,” said Dave Clark, vice president, Amazon global customer fulfillment. “We appreciate the hard work of the many state, county and local leaders who have committed to Amazon jobs and investment as part of this project.”

A separate grant for up to $4 million from the Delaware New Jobs Infrastructure Fund will be used to build extensions of public roads to serve the project, improve traffic flow and provide access to additional properties for future economic development.


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