OrthoNet Holdings Inc. is investing as much as $4.5 million to expand its national headquarters in White Plains, a move that will retain 350 jobs and add 155 jobs, Gov. Andrew Cuomo is slated to announce later today.
The company, located at 1311 Mamaroneck Ave., is the nation’s largest provider of services for health-care benefits in the musculoskeletal industry, the governor said, and has been based in Westchester County for more than 16 years. It also has offices in Florida and California.
The company’s expansion is being aided by up to $3 million in state tax breaks and $31,000 in sales-tax exemptions from Westchester County.
“The expansion of OrthoNet demonstrates our commitment to attracting private-sector investment and stimulating job growth in New York,” Cuomo said in a statement obtained by Gannett’s Albany Bureau. “I am proud to have worked with OrthoNet and our local partners to ensure New York jobs remain in the hands of New Yorkers.”
OrthoNet is a health-care-benefit company that specializes in orthopedics, rehabilitation and other similar clinical services.
“We are excited about keeping and expanding our business in Westchester,” OrthoNet’s president Dr. Roger Shedlin said in a statement. “This means our excellent local workforce will not face relocation or disruption.”