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Article updated: 1/28/2014 1:11 PM

Cancer Centers moving HQ from Schaumburg to Florida

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By Associated Press

Cancer Treatment Centers of America says it plans to move its corporate headquarters from Schaumburg to Florida.

The company and Florida Gov. Rick Scott put out a news release Tuesday. They say Cancer Centers made the decision to leave Schaumburg for Boca Raton, Fla., based on Florida's "favorable business climate." The company also cited quality of life issues.

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Cancer Centers says it will have 225 employees at its new headquarters. That will include executives moving from Illinois but it isn't clear how many other employees will move. The date of the move was not specified.

Cancer Centers thanked Florida officials for their help. But the release didn't specify what kinds of incentives were offered.

The company operates a network of five hospitals around the country including one in Chicago.

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