Last updated on June 20th, 2019 at 10:27 am
Wisconsin is providing up to $7.5 million in tax credits to support Amazon’s $200 million fulfillment center near Ryan Road and I-94 in Oak Creek.
The Wisconsin Economic Development Corp. announced the award Monday. The actual amount of credits will be tied to the number of jobs the company creates and the capital investment it makes through 2024.
Amazon announced plans last year for the fulfilment center and construction at the site is already underway. The facility is projected to be complete at the start of 2020 and will eventually employ 1,500 people, according to the company.
Oak Creek is supporting the project with $16.9 million in tax increment financing.
The facility is described by WEDC as a “first-of-its-kind robotics sorting center for Amazon.” Officials have said the facility will be highly automated, allowing for faster order processing and increased storage at the facility.
The WEDC tax credits for the Oak Creek project are in addition to the $10.3 million in credits awarded to Amazon for its Kenosha facilities in 2013. To date, the state has verified more than $5.2 million in tax credits. The company has invested $175 million in the facilities, more than the original plan of $155 million. Amazon has also employed more than 4,000 people in Kenosha, topping plans for 1,250 jobs.
Amazon has said the addition of the Oak Creek facility will not impact operations at the facilities in Kenosha.