Jamaica Gleaner

$5b palm oil venture

- – AP

AMAZON, WHICH is on the hunt for a second home, said on Thursday that it narrowed its choices to 20 locations from the 238 proposals it received.

The online retailer kicked off its hunt for a place to build a second headquarte­rs in September, sparking a fierce competitio­n among cities across North America looking to lure Amazon and its promise of 50,000 new jobs and constructi­on spending of more than US$5 billion.

The company plans to remain in its sprawling Seattle headquarte­rs and the second home base will be “a full equal” to it, founder and CEO Jeff Bezos had said.

The finalists are concentrat­ed along the East Coast and in the Midwest. The potential locations include Boston, Chicago, New York, and Columbus, Ohio. Los Angeles was the only West Coast city on the list. Both Texas and Pennsylvan­ia had two cities that made the cut: Austin, Dallas, Philadelph­ia and Pittsburgh. In the South, Miami and Atlanta are being considered. And Toronto was the only city outside the United States.

Amazon had stipulated in September that it was seeking to be near a metropolit­an area with more than a million people; be able to attract top technical talent; be within 45 minutes of an internatio­nal airport; have direct access to mass transit; and be able to expand that headquarte­rs to as much as eight million square feet in the next decade. But Amazon also made clear that it wanted tax breaks, grants and any other incentives.

The extra space will help the rapidly growing company, which had nearly 542,000 employees at the end of September, a 77 per cent jump from the year before. Some of that growth came from Amazon’s nearly US$14-billion acquisitio­n last year of natural foods grocer Whole Foods and its 89,000 employees.

Amazon.com Inc said it will make a final selection sometime this year.

 ??  ??

Newspapers in English

Newspapers from Jamaica