Amazon.com Inc. (AMZN) Opens New Center, Brings Prime to Canada

Page 1 of 2

Amazon.com Inc. (NASDAQ:AMZN) is continuing to grow and progress, even as it is already the top online retailer in the U.S. – and now beyond. After a highly successful holiday shopping season, Amazon.com has announced a couple new items that likely will help further increase the company’s online retail dominance.

SEEKING FULFILLMENT

Amazon.com, Inc. (NASDAQ:AMZN)

Amazon.com Inc. (NASDAQ:AMZN) announced that its sales and customer service required a new brick-and-mortar building. The company announced this week it was building a 1-million square-foot, $200 million order fulfillment center in New Jersey that is slated to open sometime next year. The facility will prepare, pack and ship smaller items like books and DVDs to U.S. addresses. The center will provide hundreds of full-time jobs with benefits, at a pay rate about 30 percent higher than traditional retail jobs, according to a press release.

New Jersey Gov. Chris Christie said, “Amazon’s multi-million dollar investment in this one facility alone is expected to result in the creation of hundreds of full-time jobs in addition to temporary, seasonal and construction jobs. Today’s announcement represents the strength of our successful partnership with Amazon and I want to express our sincere thanks for their continued commitment to investing in our state and bringing these job opportunities to our residents.”

“We are extremely excited to welcome Amazon to Robbinsville Township,” said Mayor Dave Fried. “We understand Amazon could have chosen anywhere in New Jersey to build its new distribution center, and we are fortunate to have the infrastructure and resources to meet their needs and consummate one of the most sought-after business partnerships in recent memory.”

“We are excited to open our first fulfillment center in New Jersey, bringing jobs and investment to Robbinsville Township,” said Mike Roth, vice president of Amazon’s North American operations. “We appreciate the support of the New Jersey Economic Development Authority, New Jersey Business Action Center, and other state and local leaders who have worked with us to find this site.”

Amazon.com Inc. (NASDAQ:AMZN) also had a major announcement for neighbors north of the border.

Page 1 of 2

Biotech Insider Alert - $5 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!