GoTextbooks invests $10 million in LR facility, will hire 200
by August 24, 2022 2:47 pm 1,140 views
GoTextbooks recently acquired a warehouse that will help create more than 200 jobs in the Little Rock area, the company announced Wednesday (Aug. 24). This will be GoTextbooks’ second facility in Little Rock. Of the 200 new jobs, GoTextbooks has created 100 jobs at the company’s primary facility and will create 100 jobs at its new facility.
GoTextbooks will invest more than $10 million in the property and will make significant updates to the 276,694-square-foot warehouse, including a renovation to the office area. Once completed, the building, which is at 7200 Interstate 30, will house more than one million textbooks for direct textbook sourcing.
“We are excited about the jobs, revenue and growth opportunities that GoTextbooks will bring to our state,” said Matt Summitt, GoTextbooks Chief Financial Officer. “We are proud to grow this business in Arkansas. GoTextbooks will be able to serve students across the nation while positively impacting a multitude of local Arkansas people and businesses as well.”
In June, GoTextbooks announced that it will serve as Chegg Inc.’s new textbook fulfillment and operations provider. GoTextbooks’ decision to acquire a second facility was driven by increased production demands.
“As we begin the new school year here in Arkansas, I’m thrilled to announce that GoTextbooks is expanding its business in Little Rock to meet the growing demands of the textbook industry,” said Gov. Asa Hutchinson. “GoTextbooks has been a valued business partner at the Port of Little Rock for many years and is a great example of how Arkansas has the climate that growing businesses need to reach their full potential. I’m excited to see what is in store for this homegrown business.”
Over the past few months, GoTextbooks has begun the process of relocating the newly acquired textbook inventory and is currently making significant improvements to its primary warehouse at the Port of Little Rock.
Over the next 12 months, GoTextbooks will be filling hourly and salary positions at both the Sloane and Interstate 30 warehouses. The positions at both warehouses offer competitive wages and benefits.
Given the scale of the project, the company expects the transition to continue into 2023.