Amazon to Open New Fulfillment Center in Wisconsin
Amazon.com is expanding in the north-central U.S. The company announced that it plans to open a 1 million square-foot fulfillment center in Kenosha, Wisc. The facility will concentrate on the shipment of smaller items such as books, electronics, and consumer goods. It will employ more than 1,000 people, Amazon said.
The news comes barely a week after the retailer announced plans for three similarly sized fulfillment centers, two in Florida and one in Maryland. They too will employ more than 1,000 workers each.
Last week, the company released its Q3 results. For the period, total net sales amounted to $17.1 billion and net loss was $41 million ($0.09 per share). Those figures for Q3 2012 were $13.8 billion and $274 million ($0.60), respectively.
The article Amazon to Open New Fulfillment Center in Wisconsin originally appeared on Fool.com.Fool contributor Eric Volkman has no position in Amazon.com. The Motley Fool recommends and owns shares of Amazon.com. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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