Louisville company to make mobile phones in Clarksville – Louisville Business First
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By David A. Mann – Reporter, Louisville Business First
Aug 21, 2018, 7:31am EDT Updated Aug 21, 2018, 7:40am
Louisville-based Mobile Initiative LLC, a maker of phones and telecom hardware technology, plans to open a manufacturing facility in Clarksville.
The facility is being opened in about 35,000 square feet the company is leasing at 511 Little League Blvd., according to a news release.
Mike Dahl, Mobile Initiative CEO, said it’s about a $1.2 million project. Part of that funding is coming from a $150,000 agreement with the Town of Clarksville Redevelopment Commission that was approved on Aug. 7. The funding agreement money will be used for renovation, furniture, equipment, technology, appliances and signage.
At first, the company will use the space for final assembly of phones — putting together circuit boards, housing, screens and other parts. But it plans to move more high-tech parts of the manufacturing process here eventually, Dahl said. The space also will be used for distribution.
Mobile Initiative expects to hire 45 full-time employees by the close of 2021 to meet client and market demands.
Mobile Initiative is a young company, founded in 2017. It’s based off Hurstbourne Parkway and designs “bare-bones” phones and tablets for budget-conscious consumers and employers, according to this February story from WDRB.com. It’s targeting construction contractors, trucking firms and businesses that supply employees with phones for work purposes.
The company had revenue of $400,000 in its first year, according to Dahl. So far in 2018, he said, its revenue has been around $2 million. He expects that to rise to around $7 million by year’s end. The company had been contracting its manufacturing with a company called Whoop, which is based in the Netherlands. It was doing its manufacturing in Shenzhen, China and final assembly in Dallas.
“We are looking forward to helping provide new opportunities to people all across the state. This facility marks not only the expansion of our company, but also the fantastic future for Clarksville,” Mike Dahl, Mobile Initiative CEO, said in the release.
“We have entered into a mutually beneficial agreement that brings top of the market jobs to Clarksville while answering the facility and locality requirements, and the quality of life aspirations and visions of Mobile Initiative,” Paul Fetter, Town of Clarksville Town Council president, said in the release. “This is a great partnership that is a result of the Town of Clarksville’s Redevelopment Commissions TIF and EDIT Planning, by having strategically reinvested in infrastructure, jobs and quality-of-life projects. “