Thursday, 21 September, 2017

Strickland: Memphis wants to lure new Amazon HQ to city

David Ryder  Bloomberg	
           Amazon is one of the biggest employers in Seattle and now looking for a home for a second headquarters David Ryder Bloomberg Amazon is one of the biggest employers in Seattle and now looking for a home for a second headquarters
Christy Curtis | 08 September, 2017, 00:25

The company expects the second headquarters will ultimately hold around 50,000 workers; it has over 40,000 in Seattle, out of a worldwide workforce of 380,000.

After Amazon announced plans to establish a second headquarter in North America, a source familiar with the talks told CNBC that Chicago Mayor Rahm Emanuel and Amazon CEO Jeff Bezos have had several conversations.

Amazon said it will spend $5 billion in construction and operation of what it calls Amazon HQ2, and said it could include as many as 50,000 high-paying jobs.

With the promise of jobs and money, Amazon has also released its wish list for the qualities it wants in its new home-away-from-home. With thousands of publicly-traded companies to choose from, how can you quickly find the best stocks to buy right now?

Bezos and U.S. President Donald Trump aren't exactly fans of one another, and setting up a second headquarters with all the capabilities of the first just over the Canadian border could give Bezos additional political leverage.

They don't know exactly when or where yet, but Amazon does know that it will open a second headquarters in North America. Last year, Amazon opened two fulfillment centers in Edwardsville that have 2,200 part- and full-time employees.

"We would love to explore the option", said Boston Mayor Martin J. Walsh, though he noted it's "very early in the process" and said Boston won't get into a bidding war for the company.

Pittsburgh said it plans to "compete" for the new site and has already scheduled strategy sessions and started planning.

Sites that may be offered as potential locations for Amazon, or incentives that may be offered to the corporation, were not disclosed. Amazon is also expanding outside the USA and recently opened a new headquarters in London.

Amazon estimated that its investments in Seattle from 2010 through 2016 resulted in an additional $38 billion to the city's economy.

The St. Louis Economic Development Partnership, the economic development agency serving the city and St. Louis County, will submit a single bid in response to Amazon's RFP, said the partnership's spokeswoman Katy Jamboretz.

The company, which now employs 380,000 people, has already announced plans to create 130,000 U.S.jobs through mid-2018 and expand its network of warehouses.

Amazon is seeking proposals from local and state government leaders, and says it is focusing on metropolitan areas with more than 1 million people.

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