Hilliard technology recycler
Tax incentives could entice e-Cycle to relocate to New Albany
Hilliard-based e-Cycle could move its headquarters and distribution center to New Albany.
Company co-founder Tonia Irion said e-Cycle is expanding and needs more space. The company is waiting on approval of state incentives before determining if it will move.
Irion said state incentives will be considered later this month.
E-Cycle’s corporate offices and distribution center are on Leap Court in Hilliard. The company is considering moving one or both of the facilities to New Albany, according to Jennifer Chrysler, New Albany’s community development director.
“We have a wonderful working relationship with both communities,” Irion said. “We’re excited about our growth and the ability to add jobs to the central Ohio community.”
New Albany City Council on Aug. 21 approved two incentive packages for e-Cycle:
* A 10-percent income-tax credit on 48 new jobs created if the company moves its corporate office to New Albany. The move would include the relocation of 29 employees to New Albany.
* A 15-percent income-tax credit on 183 new jobs created if the company moves both its corporate office and distribution center to New Albany. The move would include the relocation of 67 employees to New Albany.
E-Cycle buys mobile phones and other mobile devices from businesses and erases stored data. It recycles the devices in “developing countries where the technologies are valued and needed,” according to the company’s website.
For updates to this story, check ThisWeekNEWS.com or read the Aug. 30 editions of the ThisWeek Hilliard Northwest News and ThisWeek New Albany News.