Carvana Invests More Than $23 Million to Grow in Ohio

Company Name: Carvana
Location: Heath
Industry Sector: Other
Company Profile: Founded in 2012 and based in Phoenix, Carvana’s (NYSE: CVNA) mission is to change the way people buy cars. By removing the traditional dealership infrastructure and replacing it with technology and exceptional customer service, Carvana offers consumers an intuitive and convenient online car buying and financing platform. Carvana.com enables consumers to quickly and easily shop more than 15,000 vehicles, finance, trade in or sell their current vehicle to Carvana, sign contracts, and schedule as-soon-as-next-day delivery or pickup at one of Carvana’s patented, automated Car Vending Machines.
Company Website: https://www.carvana.com

Project Summary:

Type of Project: New location

Number of Jobs:

• Jobs committed: 400
• Jobs retained: 39
• Types of jobs: Inventory associates, technicians, cosmetic associates, team and line leads, managers, GMs and associate GMs.

Capital Investment: $23+ million

Company Need:

Carvana explored multiple Midwest locations for a site to house a large, centralized distribution and service center in order to add capacity for their fast-growing online automotive retail business. Speed to market, labor costs, business environment and incentives are all key to enabling the company to continue to expand other segments of its business.

Why Ohio?

Carvana selected Central Ohio for the region’s prime location. The company will invest over $23 million to build a new 200,000-square-foot fulfillment center in Heath. The facility will create 400 jobs in Ohio.

The company’s new facility will serve as a centralized distribution and service center, allowing Carvana to add capacity for its fast-growing online automotive retail business. The Heath operation will provide the ability to take vehicles purchased for retailing, repair and overhaul the products, then market and deliver them to the customer’s location.

Ohio’s location is strategically advantageous for companies like Carvana. From Ohio, companies can reach 60 percent of the U.S. population within a one-day drive. And, with a system of highways and roadways that stretch across the state in multiple directions, customers can be reached quickly.

Testimonial:

“Carvana has been growing extremely rapidly over the last several years and we are working to bring our offering of a better way to buy and sell a car to even more consumers all the time. As part of our efforts to scale the business, we’re looking forward to working with Licking County to open a vehicle inspection center, and become a member of the Heath community.”

- Todd Ward, manager, development and entitlements, Carvana

Collaborators:

GROW Licking County, Licking County Chamber of Commerce, city of Heath, Columbus 2020, JobsOhio