LITTLE ROCK, AR (Sept. 20, 2019) – The Arkansas Economic Development Commission announced today Carvana, a leading e-commerce platform for buying and selling used cars, will locate an inspection and distribution center in West Memphis, Ark. The company plans to invest approximately $40 million in the building, equipment and infrastructure, and create more than 400 jobs in the coming years.
“Carvana is an upstart company that is changing the used car industry through technology and great customer service,” said Gov. Asa Hutchinson. “That’s just the sort of business model we have sought in our recruiting efforts, and we’re pleased to see these high-paying jobs coming to the Delta.”
The Arizona-based company prides itself on being The New Way to Buy a Car, providing an easy, intuitive online purchasing option for car buyers, powered by technology and an exceptional customer experience. Customers can shop more than 15,000 vehicles on Carvana.com, finance, purchase, trade-in an existing vehicle, and schedule as-soon-as-next-day delivery or pick up at one of the company’s signature, patented Car Vending Machines. Carvana currently offers as-soon-as-next-day delivery in 141 markets across the U.S. and has 21 Car Vending Machine locations, offering customers a unique, memorable pickup experience.
KSM Location Advisors is pleased to have negotiated $5.22 million in incentives for Carvana, LLC.