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National Clothing Resale Site, thredUP.com, to Create 300 New Jobs in the Cumberland Valley

Governor Corbett Announces National Clothing Resale Site, thredUP.com, to Create 300 New Jobs in Cumberland County

CUMBERLAND VALLEY, PA (January 14, 2015) – Governor Tom Corbett today announced thatthredUP.com, a leading online shop to buy and sell like-new women’s and kids’ clothing, will establish its eastern U.S. processing and distribution facility in Upper Allen Township, Cumberland County, a move that will create 300 new jobs this year.

“This is another example of our continued efforts to build a stronger Pennsylvania where innovative job creators such as thredUP are locating to thrive,” said Gov. Corbett. “We are proud to partner with thredUP to support the creation of 300 new jobs at their new eastern U.S. facility in Cumberland County.”

thredUP will lease an approximately 140,000-square-foot site for distribution and processing in Upper Allen Township, Cumberland County. The company plans on making an investment of more than $1.1 million at its new location and is also projected to add 300 new jobs this year. One unique attribute of thredUP’s business model is that all permanent employees are offered stock options and therefore have the opportunity to partake in the success of the company as a part owner.

“I’m excited to be working with the Commonwealth of Pennsylvania and an excellent, fashion conscious Cumberland County workforce to open thredUP’s first east coast distribution center,” said John Voris, Chief Operating Officer at thredUP and former Vice President of Operations Engineering at Netflix. “thredUP’s growth is accelerating into the new year, with sales up 3x, our west coast employee count has more than doubled since early 2014, and we are committed to building an all-star team in Mechanicsburg by the end of this year.”

The company received a funding proposal from the Department of Community and Economic Development including $900,000 in Job Creation Tax Credits.

The project was coordinated by the Governor’s Action Team, an experienced group of economic development professionals who report directly to the Governor and work with businesses that are considering locating or expanding in collaboration with the Cumberland Area Economic Development Corporation.

“Cumberland Area Economic Development Corporation (CAEDC) is delighted with thredUP’s recent decision to locate its east coast operations here in Cumberland County,” said Mary Kuna, Market Development Manager, CAEDC. “thredUP is making a considerable investment in the area and utilizing an existing facility for their operations. We look forward to having thredUP as the newest member of Cumberland Valley’s thriving business community and will continue to seek out opportunities for businesses to take advantage of our current facilities.”

Founded in 2009, thredUP.com is the leading online shop to buy and sell like-new women’s and kids’ clothing. Based in San Francisco, thredUP was founded in 2009 by James Reinhart, Oliver Lubin and Chris Homer. The company is advised by current Netflix CEO Reed Hastings and former eBay COO Brian Swette, and is backed by world-class investors.

For more information on thredUP, including jobs available in Cumberland County, visitwww.thredUP.com.

In 2012, Gov. Tom Corbett launched JOBS1st PA as a comprehensive roadmap to economic recovery that harnessed the state’s resources and talents to prioritize private-sector job creation and retention. Today, Pennsylvania’s unemployment rate is below the national average and at a six-year low, and jobs have been growing on a consistent basis for four years.

For more information about Gov. Corbett’s commitment to job creation, visit www.pa.gov.

Media contacts:

Lyndsay Kensinger, DCED, 717-783-1132
Jay Pagni, Governor’s Office, 717-783-1116
Kristen Rowe, CAEDC, 717-240-7195

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