Amazon Continues Investment in Tennessee with Mt. Juliet Fulfillment Center

Amazon.com, Inc. (NASDAQ: AMZN) today announced plans to open a fulfillment center in Mt. Juliet, Tennessee. The site, which is anticipated to launch in late 2021, will create more than 1,000 new, full-time jobs with benefits and opportunities to engage with advanced robotics. The company currently has fulfillment and sortation centers in Charleston, Chattanooga, Lebanon, Murfreesboro, Memphis and Nashville.

“Tennessee is a great state for business and gives us the opportunity to better serve our customers in the region,” said Alicia Boler Davis, Amazon’s vice president of global customer fulfillment. “We are excited about our growth and remain committed to creating a positive economic impact in the region with job opportunities with great pay and industry-leading benefits.”

“As Wilson County recovers from recent tornadoes and the COVID-19 crisis, Amazon’s new 1,000-job facility is a tremendous development for Mt. Juliet. Tennessee has established itself as a logistics hub, and Amazon’s significant investment promises to help Wilson County and Middle Tennessee’s economy rebound,” stated Tennessee Governor Bill Lee.
more dteail at: https://press.aboutamazon.com/news-releases/news-release-details/amazon-continues-investment-tennessee-mt-juliet-fulfillment

Related Posts

Amazon On Pace to Buy Over $120 Billion of Supplies and Services from Businesses in the U.S. in 2021

Amazon is on pace to spend over $120 billion on supplies and services from businesses in the U.S. in 2021. The purchases are from more than 200,000 companies that operate in communities across the country that help keep Amazon running—from electric vehicle manufacturers to cardboard box producers to construction and engineering firms. The 2021 spending represents an increase of 20% year over year and does not include any of the products Amazon buys and sells to customers in its stores. “Millions of families rely on us to deliver what they need every day,” said Dave Clark, CEO of Worldwide Consumer at Amazon. “Delivering for our customers takes teamwork—we can’t do it alone. We rely on strong partnerships with hundreds of thousands of American businesses—from our forklift manufacturer in Kentucky to the construction company in Texas that builds our delivery stations. Today is about renewing our commitment to these businesses and betting big on them.”

Pearson Creates New Direct-to-Consumer Division

Pearson, the world's leading learning company, today announces the creation of a new direct-to-consumer division as it looks to further strengthen its focus on building a direct relationship with learners around the world. The new division will be co-led by two senior executives: Ishantha Lokuge joined Pearson from Shutterfly last year and now steps up to the role of Chief Global Product Officer and Co-President, Direct-to-Consumer. Lynne Frank, most recently President of International Marketing and Worldwide Planning and Operations at Warner Bros. Pictures, joins Pearson as Chief Marketing Officer and Co-President – Direct-to-Consumer. Together, Ishantha and Lynne will lead the new division focused on direct-to-consumer products and channels, and will report to Andy Bird, Chief Executive.

Meredith Reports Fiscal 2021 First Quarter Results

Fiscal 2021 first quarter revenues were $694 million, down 4 percent from the prior-year period. Declines due to COVID-19 and previously announced magazine portfolio adjustments were partially offset by record first quarter revenue performance for National Media Group digital advertising and Local Media Group political revenues. Fiscal 2021 first quarter earnings from continuing operations more than tripled to $42 million from $12 million in the prior-year period. Adjusted EBITDA grew 17 percent to $143 million due primarily to digital advertising and political revenue growth. Fiscal 2021 first quarter cash flow from operations was $79 million, compared to a use of $14 million in the prior-year period, and free cash flow was $70 million, compared to a use of $29 million in the prior-year period, as Meredith benefited from political revenues, effective working capital improvements, lower compensation-related items, and lower restructuring payments.
Back To Top
×Close search
Search