Expanding SE Missouri firm gets $2M in state incentives
Thursday, December 9, 2010
CAPE GIRARDEAU, Mo. (AP) — A southeastern Missouri health cooperative is getting about $2 million in state incentives to expand.
The Hometown Innovation Team plans to renovate three buildings in in downtown Cape Girardeau for its headquarters and create 135 new jobs. The company was to get $1.3 million for hiring new workers. It also was to receive $750,000 for buying equipment and developing an employee training program.
Hometown Innovation Team is a health care management company that was created in 2005. It is expanding to operate a health care cooperative. The new jobs are to be created by December 2011 and include sales technicians, dentists and oral surgeons.
Gov. Jay Nixon announced the tax incentives Wednesday in Cape Girardeau. He says the company expansion is a boost to the city and region.