Amazon.com.dedc, LLC was awarded a 15-year Jobs Payment In Lieu of Tax (PILOT) that will encourage the company to create 600 new jobs for a state-of-the-art “receive center” to support Amazon’s North American fulfillment network. The $62.9 million investment will be located at 3292 Holmes Road in Southeast Memphis. EDGE staff projects more than $36 million in local tax revenues to be received during the PILOT term.
The facility will collect and repackage products for distribution to Amazon fulfillment centers across the United States. Amazon.com.dedc, LLC is a subsidiary of Amazon.com, Inc. Founded in 1994, as an online book retailer, Amazon has expanded across the years to sell almost everything and is now one of the most valuable companies in the world. Amazon and its subsidiaries operate more than 50 fulfillment centers, 23 sortation centers, and more than 90,000 full-time Amazon employees throughout the United States.
The Amazon Receive Center is the largest new job creation or business attraction project since EDGE’s creation in 2011.