Growth: Southeast News

Growth Southeast News curated each weekday for AL, FL, GA, KY, MS, NC, SC and TN about expansions and new construction projects…



May 12, 2021

Amazon is planning another major expansion in the Triangle, with a $100 million distribution and fulfillment center in the works for Smithfield, Johnston County officials announced Monday.

The company will build a 620,000-square-foot warehouse in the West Smithfield Industrial Park by 2022 that will create 500 jobs paying at least $15 an hour.

“By welcoming Amazon here, we have embarked on a new era of growth with an immediate impact on job creation and a ripple effect on every aspect of our local economy,” Smithfield Mayor Andy Moore said Monday when the project was announced at a public hearing in Johnston County.

Direct and ancillary job growth will bring an estimated $97 million in annual revenue to the town and county, according to an economic analysis by N.C. State University economist Michael Walden that was presented by county officials. The projected date for full creation of 500 jobs is 2024.

Jobs at the fulfillment center will offer competitive pay with benefits and health insurance, a 401(k) with a 50% match and paid parental leave, according to the town and county. Workers also will have access to Amazon’s Career Choice program, which pre-pays 95% of tuition for training courses in high-demand industries.

After the incentives are awarded, the county will have invested $1.9 million into Amazon over a seven-year period, officials said.

Amazon will receive a local incentive package funded through taxes incrementally paid to the town and county that won’t be a cost to taxpayers. By 2024, Amazon will be the town’s largest taxpayer, officials said.


buttonsubscribe   buttonsignin



Only members have access to curated Southeast news for technology, fintech, growth and exporting specifically for the 27 major cities in the regional states of Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, and Tennessee. It’s about the executives and the decisions that result in the business activities that make the American Southeast the strong economic powerhouse – even stronger. Subscribe now!



Terms of Service Privacy Policy Site Map
Copyright @ 2021 Globalspeak, All Rights Reserved