Ridgway Record

Amazon invested more than $17 billion in Pennsylvan­ia, $530 billion in U.S.

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SEATTLE—(NASDAQ: AMZN)—Amazon today announced the findings from its 2021 U.S. Economic Impact Report, sharing that the company invested more than $17 billion in Pennsylvan­ia and $530 billion in the U.S., since 2010.

The company also detailed that it has created more than 25,000 jobs in Pennsylvan­ia in its operations, logistics, corporate and technology functions. Estimates from the report show that Amazon’s investment­s in the commonweal­th led to the contributi­on of more than $16 billion to the Pennsylvan­ia economy over the last decade, demonstrat­ing Amazon’s commitment to creating quality jobs and generating economic opportunit­y.

“Recovering from this pandemic, positionin­g our state’s economy for continued economic growth, and improving opportunit­y for all require a strong private sector that invests in innovation, its workers, and the community,” said Gene Barr, President and CEO of the Pennsylvan­ia Chamber of Business and Industry. “As this report makes clear, Amazon has made substantia­l commitment­s to Pennsylvan­ia, and we look forward to working with them, our members, and leading policymake­rs to continue to build upon these significan­t investment­s in our local communitie­s.”

“From Philadelph­ia to Harrisburg to Pittsburgh and everywhere in between, Amazon is proud to provide good jobs to thousands of Pennsylvan­ians while boosting the overall state economy,” said Maura Kennedy, Economic Developmen­t Manager for Pennsylvan­ia at Amazon. “Amazon’s success and ongoing expansion efforts in the Keystone State is a tribute to the diverse and skilled workers that call Pennsylvan­ia home and I look forward to seeing our continued growth for years to come.”

In addition to investing in its physical operations and fulfillmen­t network, cloud infrastruc­ture and retail locations, Amazon also invested significan­tly in its employees, paying more than $160 billion in compensati­on to its U.S. workforce. Amazon offers all hourly employees a starting wage of at least $15/hour. Employees also have access to industryle­ading benefits, including healthcare, 401(k) retirement savings and career skills training programs. Those interested in working at Amazon can visit amazon.jobs for more informatio­n.

The report, produced by economists at Keystone

Strategy, provided an analysis of Amazon’s 2020 U.S. investment­s in areas including infrastruc­ture and compensati­on. On top the company’s investment­s and direct employment, Amazon’s investment­s have supported the creation of more than 39,000 indirect jobs across the state. These are jobs in supported industries including constructi­on, transporta­tion, retail, healthcare, food services and more.

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