Article

2017-09-07 Economy

Amazon plans $5 billion second headquarters in North America

[Reuters] Amazon.com Inc (AMZN.O) said on Thursday it plans to open another headquarters in North America and spend more than $5 billion for its construction and operation.

The e-commerce company, currently based in Seattle, said it was yet to zero in on a location, but expects to expand the new headquarters to include up to 50,000 high-paying jobs.

Amazon said it was seeking proposals from local and state government leaders for the new headquarters.

Apple Inc (AAPL.O) had reportedly spent about $5 billion on its spaceship-shaped headquarters in Cupertino, California.

Amazon said its new headquarters should ideally be located in a metropolitan area with more than one million people and one that can attract and retain technical talent.

The company’s Seattle headquarters is spread across 8.1 million square feet in 33 buildings and employs more than 40,000 people.

Amazon expects the new headquarters to be a "full equal" to its Seattle office, Chief Executive Jeff Bezos said in a statement.

Posted by Besoeker 2017-09-07 08:04|| || Front Page|| [11136 views ] Top

#1 Amazon said its new headquarters should ideally be located in a metropolitan area with more than one million people and one that can attract and retain technical talent.

Don't worry, the psychotic bums in San Francisco are transportable, they can be taken anywhere you need the sidewalks shit upon to make the finicky techies seem at home.

Posted by Thing From Snowy Mountain 2017-09-07 08:49|| 2017-09-07 08:49|| Front Page Top

#2 Isn't amazon also buying Whole Foods?

Posted by CrazyFool 2017-09-07 08:56|| 2017-09-07 08:56|| Front Page Top

#3 Denver is being considered.

Posted by DarthVader 2017-09-07 09:03|| 2017-09-07 09:03|| Front Page Top

#4 They should choose a place more centrally located than Seattle, like Pittsburgh, Memphis, or Charlottesville.

Posted by rammer 2017-09-07 11:47|| 2017-09-07 11:47|| Front Page Top

#5 Dallas, to serve the southern state.

Posted by Skidmark 2017-09-07 14:27|| 2017-09-07 14:27|| Front Page Top

#6 Sell-SELL- SELL! Several years ago I read a stock market analyst that opined that "Whenever a large corporation builds a fancy new headquarters to glorify themselves then Upper Management has lost track of their core interest -- making more money. Sell. The. Stock."

Posted by magpie 2017-09-07 17:44|| 2017-09-07 17:44|| Front Page Top

#7 I think, you miss the point here, magpie. And the point is to include up to 50,000 high-paying jobs. Methinks, Amazon have heard the cries against the Big Three.

Posted by g(r)omgoru 2017-09-07 17:48|| 2017-09-07 17:48|| Front Page Top

#8 ... but expects to expand the new headquarters to include up to 50,000 high-paying jobs.
One of the Major Logistics hubs for the US Air Force is Tinker Air Force Base, OKC, OK has...more than 26,000 military and civilian employees and is the largest single-site employer in the state of Oklahoma. The installation covers approx. 9 square miles (23 km2) and has 760 buildings with a building floor space of over 15,200,000 square feet (1,410,000 m2).
So, *hmmmm*, that's ~~kinda~~ really impressive -- assuming Amazon doesn't bite off more than it can chew.

Posted by magpie 2017-09-07 18:14|| 2017-09-07 18:14|| Front Page Top

#9 This is a headquarters, not a distribution center. I'm thinking they're looking for a reliable leftist work force, and a different internet trunk line to cover outages. Different power interconnect.
And move outside of Kimmie's range footprint.

Posted by ed in texas 2017-09-07 19:08|| 2017-09-07 19:08|| Front Page Top

#10 #9 This is a headquarters, not a distribution center. --ed in texas
Why would you need 50,000 people for a Headquarters in the 21st Century?

Posted by magpie 2017-09-07 19:58|| 2017-09-07 19:58|| Front Page Top

#11 ...why does Kimmy need a bomb?

Posted by Procopius2k 2017-09-07 20:26|| 2017-09-07 20:26|| Front Page Top

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