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Amazon’s incredible £3 billion East Midlands investment has created 8,000 jobs

By Nagasunder in UK Business News, posted November 9, 2022

Amazon says it has invested more than £3 billion in the East Midlands in less than a decade.

According to a new internal report, the global retailer has contributed an estimated £3.1 billion to the region's GDP and created 8,000 jobs, including 200 apprenticeships, since 2010.

Since 2010, more than 6,000 SMEs in the region have collaborated with the company, resulting in more than £190 million in exports.

Amazon said it had invested £1.2 billion in its logistics network and warehouses in Nottinghamshire and Derbyshire.

This is in addition to the £1.7 billion invested in Leicestershire, Rutland, and Northamptonshire. Lincolnshire has received a smaller investment.

Nationally, the US firm stated that it has invested £43 billion in the UK since 2010 and has created 75,000 jobs.

This is equivalent to contributing an estimated £36 billion to the UK GDP.

It has 24 large fulfilment centres and dozens of delivery stations across the UK.

It recently completed a year-long expansion at its Coalville site in north-west Leicestershire, increasing capacity by one-third without increasing the building's one million square feet footprint.

A four-story tower has been constructed inside the fulfilment centre, increasing floor space and allowing the 1,000 employees to manage a wider range of products.

The general manager of the Amazon fulfillment facility in Sutton-in-Ashfield, Nottinghamshire, Vivek Khanka, said it supported nearby companies, produced jobs, and improved the local economy.

He said: “We help more than 2,000 small businesses across Derbyshire and Nottinghamshire sell on Amazon and reach customers around the world, and we also continue to support community organisations across the region through donations and volunteering.

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“Recently, we have donated to a range of good causes including Bluebell Wood Children’s Hospice while working with Magic Breakfast to deliver healthy breakfasts to vulnerable children and schools.”

Source: Business Live

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