Amazon Announces First Fulfillment Center in Little Rock
New 825,000 square-foot site in the Port of Little Rock to create 1,000 new, full-time jobs.
avatar
Staff or Guest writer for The Dog of Wall Street.
2020-07-07 18:46

Amazon.com, Inc. (NASDAQ: AMZN) today announced plans to open its first fulfillment center in Little Rock, Arkansas. The new fulfillment center, which is anticipated to launch in 2021, will create over 1,000 new full-time jobs with industry leading pay and comprehensive benefits starting on day one.

The City of Little Rock’s Board of Directors gave final approval for a sale of 80 acres at the Port of Little Rock to Amazon.com, Inc. during its meeting on April 7, 2020. This after the Little Rock Port Authority Board of Directors made a similar approval at their specially called meeting earlier that day. The acquisition gives the company exclusive control for the development of the Zeuber Road site.

“We’re delighted to be building out our network of operations in Little Rock, Arkansas,” said Alicia Boler Davis, Amazon’s vice president of global customer fulfillment. “We greatly appreciate the strong support from local and state leaders as we look to open our first fulfillment center and second delivery station in the state of Arkansas. We look forward to creating over a thousand jobs for the Little Rock community, with industry leading pay and comprehensive benefits starting on day one.”

“It’s not surprising that Amazon has selected the Port of Little Rock as the newest location for its next project,” Governor Hutchinson said. "Arkansas has a trained workforce and is centrally located with easy access to miles of interstate, rail, and navigable waterways. I am delighted by Amazon’s decision and confident that the Port of Little Rock will be a great fit for the company.”

In the new 825,000 square-foot fulfillment center, Amazon employees will work alongside Amazon robotics to pick, pack and ship small items to customers such as books, electronics and toys. The site, which is anticipated to launch in 2021, will create over 1,000 new full-time jobs.


Disclaimer: I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article. All information should be independently verified and should not be relied upon for purposes of transacting securities or other investments. See terms for more info.

Published On
2020-07-07 18:46

avatar
About the Author
Staff or Guest writer for The Dog of Wall Street.

Analyst Ratings
Target Price $4264.77
# of Analysts 49
Last updated 2021-07-29


2 FinTwit Stocks I'm Bearish On
If you have ready my past articles, you know I generally like to write about companies I am bullish on.
By Mike Sakuraba | 2 days ago

3 Stocks That Need to Split
In commemoration of NVIDIA’s (NASDAQ:NVDA) recent 4 for 1 stock split, it’s time to scan the markets for some other candidates.
By Mike Sakuraba | 4 days ago

2 Stocks for a Bearish Summer
We’ve heard the warnings for months now: a substantial bearish correction will hit the markets soon.
By Mike Sakuraba | 1 week ago

Investing in Space Travel
Forecasting pre-revenue companies and sectors is an interesting financial exercise
By Mike Sakuraba | 2 weeks ago

Netflix is Still the Streaming King
Early on in the COVID-19 pandemic, Netflix (NASDAQ:NFLX) was heralded as one of the big winners of the new stay at home economy.
By Mike Sakuraba | 1 month ago

What's Next for GameStop?
On Wednesday after the closing bell, GameStop (NYSE:GME) held its annual shareholders meeting which it also used to report its quarterly results.
By Mike Sakuraba | 1 month ago