Montrose Environmental Group relocates executive offices to Arkansas
by August 10, 2021 12:28 pm 1,078 views
Montrose Environmental Group Inc. said Tuesday (Aug. 10) it will locate its principal executive office from Irvine, Calif., to North Little Rock.
The move is expected to create 90 new, high-paying jobs eventually. State officials said they offered tax incentives to lure the company’s move, including the create rebate and tax back programs.
Publicly-traded Montrose announced in April 2020 it would acquire Arkansas-based CTEH, which specializes in response services including environmental data collection and management, GIS, safety, and incident management. The company plans to expand its existing facility in North Little Rock to house its expansion.
“Montrose Environmental will be a great addition to the Arkansas business community,” said Secretary of Commerce Mike Preston. “The company’s commitment to innovation and sustainability align with the goals and values of Arkansans who enjoy the benefits of living in a state focused on outdoor pursuits.”
“I’m pleased to welcome Montrose Environmental to Arkansas,” said Gov. Asa Hutchinson. “The 90 high-paying jobs being created by the company are a testament to the hard work and dedication that our state’s workforce possesses. I am confident that Montrose will find the talent they need to grow and prosper for many years to come.”
“Montrose continues to invest in and grow in all our key markets, including both California and Arkansas,” said Vijay Manthripragada, Chief Executive Officer of Montrose Environmental Group. “We remain fully committed to our teams, clients, and communities in both states. Our Board of Directors and management team are grateful for the time, substantive incentives, and support that Governor Hutchinson and the State of Arkansas have provided to Montrose. We are excited about our future.”
Founded in 1997, CTEH’s scientific experts have developed technology and conclusive data to resolve health, safety, environmental, toxicological and management challenges for a broad range of industries, including chemical, petroleum, manufacturing, mining, transportation, government, legal, power and utilities.
Prior to the Montrose buyout, CTEH had more than 170 employees across the country.