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Amazon.com fulfills more with Schertz warehouseAmazon.com fulfills more with Schertz warehousehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=90482012-11-13T09:58:00Z2012-11-13T00:00:00Z

SCHERTZ - The Schertz Economic Development Corp. and Guadalupe County have approved about $7.6 million in direct tax incentives to land a $166 million distribution warehouse for Amazon.com. The 1.26 million-sf warehouse, called a fulfillment center, will become the largest facility in Schertz and Guadalupe County.

The 96-acre site for the Schertz facility, located near I-35 at the corner of Enterprise Ave. and Verde Pkwy., is expected to create 350 new jobs that will generate about $11 million in annual payroll.

The permit for the site grading will be approved later this week and the facility is expected to be operational by fall 2013.

The Schertz’s incentive package is a six-year property tax rebate worth nearly $4 million. The county also approved a property tax abatement worth about $3.1 million.

As part of a deal with the state comptroller’s office to resolve the e-commerce giant’s past tax liabilities with the state, Amazon pledged to create 2,500 jobs and make $200 million in capital investment in the state.

Amazon has been rapidly opening more fulfillment centers around the nation and Canada to increase its same-day delivery capabilities.

Read more at the San Antonio Express-News.

San Antonio Express-News
San Antonio-New Braunfels
Industrial
http://www.mysanantonio.com/business/article/amazon-com-to-open-warehouse-in-schertz-4012883.phpRead more at {Source}

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