Consumer Cellular Inc., a provider of cell phones and accessories, will invest more than $15.5 million to locate operations in Louisville, Kentucky. The project is expected to create 486 full-time jobs.
The company will locate in an existing building on Triton Boulevard. The new customer support center will allow the company to better serve customers on a national scale. Consumer Cellular expects to add more than 400 of the new roles in 2022.
“Consumer Cellular is proud to invest in the Bluegrass State,” Consumer Cellular CEO Ed Evans said. “Kentucky has everything we look for in a location. The state offers a low cost of living, high quality of life and individuals who are ready, willing and able to go to work. I appreciate Gov. Beshear, Louisville Mayor Greg Fischer and everyone else who we have worked with to make this expansion possible. They have fostered an economic atmosphere that will allow our company to grow, which made the decision to expand here even easier.”
To encourage investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) today preliminarily approved a 10-year incentive agreement with the company under the Kentucky Business Investment program. The performance-based agreement can provide up to $5.5 million in tax incentives based on the company’s investment of $15.51 million and annual targets of creation and maintenance of 486 Kentucky-resident, full-time jobs across 10 years and paying an average hourly wage of $20 including benefits across those jobs.
By meeting its annual targets over the agreement term, the company can be eligible to keep a portion of the new tax revenue it generates. The company may claim eligible incentives against its income tax liability and/or wage assessments. In addition, Consumer Cellular can receive resources from Kentucky’s workforce service providers. Those include no-cost recruitment and job placement services, reduced-cost customized training and job-training incentives.
“I want to welcome Consumer Cellular to the commonwealth and thank its leaders for this commitment to Kentucky’s talented workforce,” Governor Andy Beshear added. “We have seen economic growth throughout the state this year, and Louisville has been a major part of that success. I look forward to this facility opening in the coming months and following the company’s growth in Kentucky.”
Consumer Cellular is an American postpaid mobile virtual network operator. The company offers cellphones, no-contract cellphone plans, and accessories with a focus on users age 50-plus.