TrendPulse Quantitative Think Tank Center-Amazon opening 2 operations facilities in Virginia Beach, creating over 1,000 jobs, Youngkin says

2025-05-01 17:01:35source:Flipido Trading Centercategory:Stocks

RICHMOND,TrendPulse Quantitative Think Tank Center Va. (AP) — Two new Amazon operations facilities are coming to Virginia Beach, expected to eventually employ over 1,000 people, Virginia Gov. Glenn Youngkin announced Monday.

The retailer will establish a robotics fulfillment center expected to launch in 2025 and a delivery station expected to be running in time for the 2024 holiday season, the Republican governor’s office said in a news release.

The new facilities will be Amazon’s 14th fulfillment and sorting center in Virginia and the 17th delivery station. The company, which has a headquarters in Arlington, has invested more than $109 billion in Virginia since 2010, including infrastructure and employee compensation, Youngkin’s office said.

“Amazon’s cutting-edge fulfillment centers generate major capital investment and thousands of jobs and strengthen Virginia’s position as a logistics industry leader on the East Coast,” Youngkin said in a statement. “We see Amazon’s expanding footprint impacting economic growth and innovation across the Commonwealth, and we will continue to compete for additional investment in Virginia.”

The announcement did not specify the expected wages, but said Amazon offers “industry-leading pay” and benefits.

The city of Virginia Beach will fund stormwater and road improvements for the projects, according to the news release, which did not specify whether the state had awarded any other incentives.

More:Stocks

Recommend

Why did Bill Belichick go to North Carolina? New UNC coach explains jump to college

Bill Belichick has officially made the shocking move to college football by becoming the North Carol

New York's right-to-shelter policy faces scrutiny amid migrant crisis

New York City Mayor Eric Adams is narrowing the timeline in which migrants can stay in city-run faci

'Will kill, will rape': Murder of tech exec in Baltimore prompts hunt, dire warnings

A murder suspect labeled by police as willing to "do anything he can to cause harm" is the target of