Computer and information technology company Arrow Electronics will close its Gahanna operation in a move that will eliminate 304 jobs.

The company told the state that the facility at 1120 Morrison Road is expected to close around Sept. 14.

The decision to close the 3-year-old facility is part of a plan announced by the company, based near Denver, to wind down what it calls its personal-computer and mobility-assets disposition business.

In addition to Gahanna, the company wants to close other operations around the world tied to the business. The company expects to have most of the work done by the end of the year.

"After careful market analysis indicating that business dynamics have changed since we entered this market, we have decided to wind down operations at our personal computer and mobility-asset disposition business," Michael Long, the company's president, chairman and CEO, said in a statement.

The business takes old computers, servers, phones, printers and other electronic devices, refurbishes usable parts and then sells them. Devices that can't be refurbished are ground up.

When it opened in 2016, Arrow described the 400,000-square-foot facility on Morrison Road as one of the largest information-technology asset-disposal facilities in the world.