Connolly iHealth Technologies Plans Nearly $3.5 Million Expansion of Louisville, Kentucky, Operations Center
The company will be moving into a new state-of-the-art facility in the Meidinger Tower as the company looks to accommodate its continued growth. The additional jobs will add to an employee base of 140 financial services team members already working in Louisville. In addition to its expansion in Louisville, the company recently opened a health care office in Salt Lake City that will provide up to 145 long-term STEM jobs serving health care clients in the western United States.
“We unlock hidden value for our clients, delivering superior results for them through our talented team and effective technology processes,” said Doug Williams, CEO of Connolly iHealth Technologies. “Expanding our team in Kentucky is good for our clients, good for the economy of Kentucky, and good for us. We are very excited to be taking this next big step in the Bluegrass State.”
To encourage the investment and job growth in the community, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $850,000 through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the term of the agreement through corporate income tax credits and wage assessments by meeting job and investment targets. In addition, Connolly iHealth Technologies is eligible to receive resources from the Kentucky Skills Network.
“The expansion of Connolly iHealth Technologies is a great addition to Louisville’s thriving lifelong wellness and aging care sector and complements our innovative approach to increasing our technology-based workforce,” said Mayor Greg Fischer. “The high-wage, STEM-based jobs created by this expansion will help Louisville increase its strength as an industry leader in health technology.”
“Louisville has a long history of successful health care companies, and the expansion of Connolly iHealth Technologies will help to build upon that success,” said Governor Steve Beshear. “The company is growing throughout the United States, and I’m excited to know that the Commonwealth is going to be part of that growth.”
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