eBay Enterprise Invests Up To $45 Million To Expand Its Louisville, Kentucky, Campus
Area Development Online News Desk (09/18/2013)
eBay Enterprise, an eBay Inc. company, will invest up to $45 million to expand its Louisville, Kentucky, operations center, creating more than 150 full-time jobs in the Commonwealth.
The Louisville operation specializes in creating, developing and running online shopping sites for brands and retailers, including brick and mortar businesses. With more than 500 current employees in Louisville, eBay Enterprise is expanding to meet rising customer demand.
Its expansion project includes construction to join two newly purchased buildings together for a total of 270,000 square-feet on 17 recently acquired acres near its existing facility on Trade Port Drive in Louisville.
“We have always considered the Louisville community a critical strategic partner for our success. This is where we opened our first fulfillment center in 2000,” said Tobias Hartmann, head of eBay Enterprise’s omnichannel operations. “Our ability to expand is possible because of its dedication to foster employment growth, and the talented workforce within Louisville has allowed us to grow the business while delivering a leading consumer experience for our clients.”
“eBay Enterprise and eBay Inc. are names that companies and people trust for commerce and online shopping, which continue to grow and evolve every day,” said Gov. Steve Beshear. “This is a remarkable investment in the Commonwealth, with eBay Enterprise spending $45 million here to grow its footprint in Kentucky, but even more important are the more than 150 jobs the company is adding to its already large presence in Louisville.”
As an incentive to encourage the investment and job growth in Louisville, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $1.5 million 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.
“eBay Enterprise represents the kind of investment and expansion in our logistics and distribution sector that is so critical to our local economy,” said Louisville Mayor Greg Fischer. “We are not only contributing to our economic base, but we are also contributing significantly to our quality of life by helping to develop the kind of online personal services that people want and need for the long term.”
“Greater Louisville Inc. is delighted to be part of this exciting team that worked diligently and creatively to meet the needs of one of our important distribution companies, eBay Enterprise,” said Greater Louisville Inc. President and CEO Craig Richard. “We understand fully the value that this forward thinking company brings to our community, and we are so pleased to be able to engage our extraordinary talent pool with the availability of more than 150 new jobs at eBay Enterprise’s facility.”