Cellular phone repair, re-deployment company to invest more than $1.8 million
FRANKFORT, Ky. (July 25, 2013) – Certicell USA LLC, a division of Greenstream International, plans to expand operations in Louisville, growing from 10 current jobs to 100, with an investment of more than $1.8 million in the project.
“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 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. The company plans to expand its existing facility on Shepherdsville Road in Louisville to meet increased customer demand.
“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.”
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.”
For more information on Certicell, visit www.certicell.com.