DRAPER, Utah, May 14, 2019 (Gephardt Daily) — Utah Gov. Gary Herbert and HealthEquity executives will be throwing purple paint on a giant canvas rather than breaking ground at the site of the company’s new building Thursday morning.
HealthEquity, the largest independent health savings account custodian in the United States, will be joined by Herbert to mark the start of expansion of the company’s corporate headquarters, said a press release from the company.
“The project will help HealthEquity create 500 jobs, which will generate $160 million in new wages, $10 million in new state revenue and an estimated $27 million in capital investment,” the press release said. “The company has doubled its headcount in the past three years to 1,100 ranking among the largest companies in Utah.”
As part of the press event, Herbert and HealthEquity executives will create the art by throwing the paint on a 10-foot by 14-foot canvas. The art will be placed in the lobby of the new building, the press release said.
Herbert will join the Steve Neeleman, founder and co-chairman of HealthEquity, at the event at 121 W. Scenic Pointe Drive in Draper, Thursday at 10 a.m.