Computershare Inc. opened its new facility in downtown Louisville, Kentucky. The opening comes six months after Computershare, which specializes in financial services and investor communications, announced the project, which involves a $12 million investment and creating up to 250 new jobs.

The facility, in Meidinger Tower on South Fourth Street, will support the company’s existing operations across the country. Computershare chose Louisville based on the city’s talented workforce, cost advantages for the local business community and the cooperation of city and state governments, state officials said.

“This is a monumental day for Computershare as we are officially establishing our footprint in Louisville,” said Steve Rothbloom, CEO/President of Computershare US. “We are eager to grow in this region, and the city of Louisville holds many attractive qualities for the future of our company.”

The 250 new jobs will fill various roles within the company, including management, human resources, recruitment, call center and operations staff. Hiring is already underway and is expected to continue throughout the year.

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 $2.5 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.

Lt. Gov. Luallen said,“This is another example of how Kentucky’s pro-business climate and incentives can combine with company goals to result in millions of dollars in investment and hundreds of jobs coming to the Commonwealth.”

“Computershare brings a new wealth of financial services expertise to Louisville, demonstrating the strength of our business clusters where we focus our economic development work,” said Mayor Fischer. “Computershare already has established itself as a solid corporate citizen, and we welcome them with open arms.”

“Attracting the leading international firm Computershare to Greater Louisville is great affirmation of our regional value proposition, and I'm proud of the pivotal role played by GLI in this effort, along with our public sector partners,” said Greater Louisville Inc. President/CEO Kent Oyler.