PLAINFIELD, IN – August 12, 2008 – (RealEstateRama) — Global online retailer Amazon.com, Inc (NASDAQ: AMZN) announced today it will open a new 950,000-square-foot distribution center here, creating more than 350 new jobs by 2011.Operated by Amazon.com.indc LLC, the new center will be located in the Airtech Logistics Park near the Indianapolis International Airport.
“For the third time in less than a year, Amazon.com has chosen Indiana as the site for one of its fulfillment centers,” said Governor Mitch Daniels. “With its Munster, Whitestown and now Plainfield facilities, Amazon is on track to employ more than 1,600 in Indiana. This is terrific news from a great global company that continues to recognize that Indiana as a destination of choice for new job-creating investment.”
In March Amazon.com announced plans to open a Whitestown, Ind. distribution center that is expected to employ more than 1,200 associates. Late last year the company announced plans to locate a fulfillment center employing 100 in the Northwest Indiana town of Munster.
“We’ve been very pleased with the success of our both of our Indiana facilities and are looking forward to opening our new Plainfield fulfillment center later this year,” said Arthur Valdez, director of North American fulfillment for Amazon.
The FORTUNE 500 company, which employs more than 18,400 worldwide, will begin equipping its latest Indiana facility immediately and plans to begin hiring managers, warehouse supervisors and more than 200 warehouse associates in the coming weeks. The company also plans to hire up to 700 temporary associates during peak seasons to meet demands for its products.
The Indiana Economic Development Corporation offered Amazon.com up to $1.65 million in performance-based tax credits and up to $149,500 in training grants based on the company’s job creation plans. Plainfield will consider property tax abatement at the request of the Hendricks County Economic Development Partnership.
“Plainfield is pleased to have a global company like Amazon locate here,” said Robin Brandgard, Plainfield Town Council president. “This project highlights the benefits Plainfield offers new and existing companies, and the value of partnering with the Hendricks County Economic Development Partnership to provide additional business opportunities in Plainfield.”
Amazon joins a growing list of companies opting to locate logistics operations in the Hoosier State. With more than 11,000 miles of highway, 4,700 miles of mainline rail track and the only fully funded 10-year road improvement program in the country, Indiana is one of the nation’s top transportation hubs. Each year, more than 720 million tons of freight travel through Indiana, making it the fifth busiest state for commercial freight traffic in the nation.
Amazon.com, Inc., (NASDAQ: AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth’s Biggest Selection. Amazon.com, Inc. seeks to be Earth’s most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as books, movies, music & games, digital downloads, electronics & computers, home & garden, toys, kids & baby, grocery, apparel, shoes & jewelry, health & beauty, sports & outdoors, and tools, auto & industrial.
Amazon Web Services provides Amazon’s developer customers with access to in-the-cloud infrastructure services based on Amazon’s own back-end technology platform, which developers can use to enable virtually any type of business. Examples of the services offered by Amazon Web Services are Amazon Elastic Compute Cloud (Amazon EC2), Amazon Simple Storage Service (Amazon S3), Amazon SimpleDB, Amazon Simple Queue Service (Amazon SQS), Amazon Flexible Payments Service (Amazon FPS), and Amazon Mechanical Turk.
Amazon and its affiliates operate websites, including www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, and the Joyo Amazon websites at www.joyo.cn and www.amazon.cn.
As used herein, “Amazon.com,” “we,” “our” and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management’s expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to competition, management of growth, new products, services and technologies, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions and strategic transactions, foreign exchange rates, system interruption, significant amount of indebtedness, inventory, government regulation and taxation, payments and fraud. More information about factors that potentially could affect Amazon.com’s financial results is included in Amazon.com’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2007, and subsequent filings.
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Indiana Secretary of Commerce Nathan Feltman serves as the chief executive officer of the IEDC. Since Daniels created the IEDC, the state has posted three consecutive years of record-breaking commitments for new jobs. For more information about IEDC, visit www.iedc.in.gov.
Amazon.com Media Relations – 206-266-7180
Mitch Frazier (IEDC) – 317.232.8873 or MFrazier (at) iedc.in (dot) gov