NewsLocal NewsLorain County


Carvana expansion in Elyria Township expected to bring 400 jobs to Lorain County

Posted at 2:46 PM, Aug 31, 2020
and last updated 2020-08-31 14:46:43-04

ELYRIA TOWNSHIP, Ohio — Online car retailer Carvana will make Elyria Township home to one of its facilities, bringing around 400 full-time jobs to Lorain County, according to a release from Ohio Gov. Mike DeWine’s office.

Carvana, which is slated to invest $23 million, is one of five projects approved by the Ohio Tax Credit Authority (TCA) that will generate $13.3 million in new annual payroll and retain $8.4 million in existing payroll as a result of its future home in Elyria Township.

“With our steadily growing economy, and dedicated business community, Lorain County is the perfect home for Carvana. I look forward to the opportunities this new development will bring," said State Rep. Gayle Manning (R-North Ridgeville) in a statement.

The future Carvana facility will be on a former apple orchard that is logistically positioned to serve portions of Eastern, Midwestern and Upper Great Lake markets, according to Manning.

Founded in 2012, Carvana offers a different way for consumers to purchase a vehicle by offering an online car buying and financial platform.

TCA approved 1.368%, 8-year Job Creation Tax Credit for the project.

RELATED: Carvana hiring 50 employees for Euclid location

Download the News 5 Cleveland app now for more stories from us, plus alerts on major news, the latest weather forecast, traffic information and much more. Download now on your Apple device here, and your Android device here.

You can also catch News 5 Cleveland on Roku, Apple TV, Amazon Fire TV, YouTube TV, DIRECTV NOW, Hulu Live and more. We're also on Amazon Alexa devices. Learn more about our streaming options here.