Certicell USA To Invest $1.8 Million To Expand Louisville, Kentucky, Operations Center
Area Development Online News Desk (07/26/2013)
Certicell USA LLC, a division of Greenstream International, plans an investment of more than $1.8 million to expand operations center on Shepherdsville Road in Louisville, Kentucky, growing its workforce from 10 to 100 employees.
The firm specializes in data clearing, repair and redeployment of electronic devices to a worldwide marketplace. The company provides global reverse logistics services for the electronics industries, including mobile phones, personal digital assistants, e-readers and other items.
“Certicell is a company on the rise in Louisville, and that growth is evident in the fact that it’s going from 10 jobs today on a path toward 100 in the near future,” said Gov. Steve Beshear. “By adding 90 employees and investing more than $1.8 million in the Commonwealth, we know Certicell will continue to help strengthen our growing economy.”
“Certicell would like to thank the Kentucky Cabinet for Economic Development and Greater Louisville Inc. for their tireless effort in helping Certicell expand in the Louisville market,” said Certicell President Don Mulhall. “As a result of these incentives, Certicell is able to provide many good-paying jobs to qualified individuals.”
To encourage the investment and job growth in Louisville, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $950,000 through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the term of the agreement through corporate income tax credits and wage assessments by meeting job and investment targets.
“We are delighted that Certicell, a leader in the repair and recycling of mobile devices, calls Louisville home and has decided to expand here,” said Louisville Mayor Greg Fischer. “Certicell’s track record in this innovative and environmentally friendly new industry mirrors Louisville’s track record in delivering new jobs and increasingly improving our quality of life here in the region.”
“Certicell is a tremendous example of how exciting and relevant our logistics and distribution sector is to the economic vitality of the region,” said Greater Louisville Inc. President and CEO Craig Richard. “Certicell’s expansion represents a welcome addition of both new and high-tech jobs, and an extended utilization of a logistics and distribution network that is second to none in the country.”