IMG_0414Joined by Lt. Gov. Crit Luallen, Mayor Greg Fischer and a host of other city and state officials, Computershare Inc. cut the ribbon on its new downtown Louisville office Wednesday afternoon, reiterating its pledge to create 250 new jobs in the city.

The company, which is based in Australia, specializes in financial services and investor communications. It does business in more than 21 countries and employs more than 13,000 people — some 4,000 in the U.S. — across nearly 100 offices worldwide.

CEO Stuart Irving said Wednesday he fell in love with Louisville when he visited while considering locations for a new U.S. office.

“When I came down here, I felt there was a real energy in this city,” he said.

Fischer said Computershare would help continue the downtown business and development “renaissance.” He said the company, which currently employs 35 people in Louisville, would create good-paying jobs and build a workforce that he hoped would also be involved in the community.

“Computershare brings a new wealth of financial services expertise to Louisville, demonstrating the strength of our business clusters where we focus our economic development work,” he said. “Computershare already has established itself as a solid corporate citizen, and we welcome them with open arms.”

The company is investing $12 million in its new Louisville operation, which is located on the 11th floor of the Meidinger Tower at Fourth Street and Muhammad Ali Boulevard. The Louisville office will support Computershare’s U.S. operations with HR, management, call center and various other staff. It currently employs 35 locally.

As part of a package to lure the company to Louisville, the Kentucky Economic Development Finance Authority gave preliminary approval for a tax incentive package of up to $2.5 million for Computershare. The company will have to meet various job and investment targets to receive the incentives.

Luallen said the incentives were critical in landing the company here.

“It’s an honor to welcome the Computershare team to Louisville,” she said. “This is another example of how Kentucky’s pro-business climate and incentives can combine with company goals to result in millions of dollars in investment and hundreds of jobs coming to the Commonwealth.”

Stephen George
Stephen George is news editor of Insider Louisville. He is a former editor of LEO Weekly and the Nashville City Paper, and a former news editor of the Nashville Scene. He has written for various other news and culture publications and is happy to be back in Louisville.