CHG Healthcare Services Plans $9.2 Million Headquarters In Salt Lake City, Utah, Area
04/13/2015
“Utah has always been a great state for our business. Over the years, we have worked with great civic and business leaders and have had the privilege to employ some of the area’s best people,” said Michael Weinholtz, Chairman of CHG. “We’re excited about our expansion and the opportunity to continue to create jobs and give back to the community.”
“CHG has been a staple to the community for many years,” said Val Hale, Executive Director of Utah Governor's Office of Economic Development. “We are thrilled that they see the value in expanding their headquarters location. Our highly-skilled workforce and business-friendly environment will readily support the company’s future growth and success.”
As part of a contract with CHG Healthcare Services, the GOED Board of Directors approved up to a maximum credit of $1,706,767 in the form of a post-performance Economic Development Tax Increment Finance incentive, which is 20 percent of the new state taxes CHG Healthcare Services will pay over the 10-year life of the agreement. Each year as CHG meets the criteria in its contract with the state, it will earn a portion of the total tax credit incentive.
CHG Healthcare Services began in Salt Lake City in 1979 when the company introduced the idea of locum tenens, or temporary physicians, as a solution for rural communities. Over the last 36 years, the company has become the largest provider of locum tenens staffing and has broadened its services to include both temporary and permanent placement of physicians, nurses and other healthcare professionals.
“CHG is a great win for Utah,” said Jeff Edwards, President/CEO of the Economic Development Corporation of Utah. “As one of the largest providers of healthcare staffing in the country, CHG will be a major player in the state’s healthcare business and help us attract other valuable companies in the industry.”
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