LOUISVILLE, Ky. (AP) -- The country's largest online consumer electronics trade-in company is opening a processing center in Louisville.
Gazelle Inc., says it will eventually employ 438 people and invest $22.3 million in its Kentucky operations in the next several years.
Gazelle co-founder and CEO Israel Ganot says that close proximity to the UPS air hub in Louisville played a role in the company selecting the city for what will become its largest operation.
The company expects to be eligible for up to $3 million in tax incentives as part of its Kentucky startup.
Kentucky Gov. Steve Beshear and Louisville Mayor Greg Fischer attended the announcement Monday.
The company has paid out more than $100 million for used consumer electronic devices since it opened several years ago and is growing.