» WATCH: Here’s how an Ohio Amazon warehouse operates
Here’s five things you need to know:
1. DEVELOPMENT The fulfillment center will be developed by IDI Gazeley, which currently has five available properties for development in Ohio, all at Park North in Monroe. The park is located on Gateway Boulevard.
IDI Gazeley develops warehousing, distribution and manufacturing facilities around the world, and specializes in sustainable warehouse development.
2. JOB CREATION "We are excited to continue growing in Ohio, adding 1,000 new jobs to the more than 6,000 Amazonians already working in the state," said Sanjay Shah, Amazon's vice president of North America Customer Fulfillment. "The support of local leaders and incredible workforce has been instrumental in our decision to locate the new fulfillment center in the state, and we are grateful for the support we've received to bring new jobs and investment to Ohio."
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3. TAX CREDITS The Ohio Tax Credit Authority approved a 1.39 percent, 10-year tax credit for the Amazon facility that is expected to create $26.7 million in new payroll and be a $30 million fixed-asset investment. The tax credit starts in January. As part of the tax credit agreement, the Ohio Tax Credit Authority says Amazon will have to maintain operations at the Monroe location for at least 13 years.
4. SEEKING SECOND HEADQUARTERS The company is seeking proposals from local and state government leaders interested in how they can bring Amazon to their community, the company said. Amazon's headquarters in Seattle has brought an additional $38 million to the city's economy from 2010 through 2016, the company estimates.
» RELATED: Amazon to add 1,000 jobs at Monroe location
Amazon will consider locations for the second headquarters that have attributes including: metropolitan areas with more than one million people; a business-friendly environment; urban and suburban locations with the potential to attract “strong technical talent,” and communities that “think big and creatively when considering locations and real estate options.”
5. GROWING IN THE REGION Amazon also announced earlier this year that it would invest $1.49 billion and bring 2,700 new jobs to a worldwide cargo hub at the Cincinnati/Northern Kentucky International Airport. Cincinnati/Northern Kentucky, which is located in Hebron, Ky., won the bid from Amazon over the Wilmington Air Park in Ohio — bringing those jobs to over to Kentucky instead of Ohio. About 600 of those 2,700 new jobs will be full-time positions.
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