LOUISVILLE, Ky. (WDRB) -- More jobs are about to become available for those looking for work in Louisville.

On Monday morning, Gazelle Inc. announced that it would be bringing 438 jobs to the area over the next decade. The company plans to bring those new positions to its 37,500 square foot facility at the new Riverport processing plant.

"This is a significant announcement. Not only because it's just a business bringing in new jobs," said GLI President & CEO Craig Richard, "but it's a type of business that makes Louisville shine in terms of its corporate strength and ability."

Louisville's Mayor and Governor Beshear were on hand for the ribbon cutting ceremony. Officials with Gazelle say it's a $22.3 million investment over the next several years.

CEO Israel Ganot, says a $3 million tax incentives from the state, qualified workforce, and the UPS Worldport all helped the Boston based company make the move to Louisville.  

"These guys came up the concept of taking electronics that some were going to be just tossed to the wayside," said Mayor Greg Fischer, "But repurposing those products by upgrading them and selling them throughout the world"

Gazelle opened in 2007, and says it provides an easy, fast way to sell or recycle your gadgets.  "We're revolutionizing the way we use and then sell and recycle mobile devices," explained  Ganot.

So far, company officials say six people have been hired on for work.

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