Kindred Healthcare Plans Major Expansion At Its Louisville, Kentucky, Operations Hub
12/12/2014
The company plans to construct a six-story, 142,000-square-foot building adjacent to the company’s corporate headquarters on South 4th Street. The new facility will house Kindred’s support center operations, national training center, Kindred University and an employee wellness clinic.
Construction is scheduled to begin this summer and will take approximately 24 months. The new facility also will bring Kindred employees from across the U.S. to Louisville for seminars, educational programs and company meetings.
“We thank Governor Beshear, Mayor Fischer and representatives from the Commonwealth of Kentucky and the city of Louisville for their support of this expansion project,” said Paul J. Diaz, Kindred’s CEO. “We are proud to call Louisville home and in our ability to positively contribute to the region’s leadership in health and aging care services.”
“The expansion of Kindred’s Support Center allows us to significantly increase the training and educational opportunities in Louisville for many of our employees,” said Benjamin A. Breier, Kindred’s President/CEO. “The new space will enhance our ability to invest in the clinical expertise of our employees with the addition of Kindred University and in their wellness with the creation of an onsite health clinic.”
As an incentive, Kentucky Economic Development Finance Authority preliminarily approved Kindred for tax incentives up to $11 million through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the term of the agreement through corporate income tax credits and wage assessments by meeting job and investment targets.
KEDFA also approved the company for tax benefits up to $500,000 through the Kentucky Enterprise Initiative Act, which allows approved companies to recoup Kentucky sales and use tax on construction costs, building fixtures, equipment used in research and development and electronic processing equipment.
Project Announcements
AESC Expands Florence, South Carolina, Operations
03/28/2024
Alticor Expands Ada Township, Michigan, Operations
03/27/2024
Eastman Plans Longview, Texas, Production Operations
03/27/2024
DHL Supply Chain-Vantage Data Centers NV11 Plan Nevada Operations
03/26/2024
Big Jet Expands Pittsburgh, Pennsylvania, Operations
03/26/2024
Landmark Ceramics UST Expands Mt. Pleasant, Tennessee, Operations
03/25/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The Logistics Analysis That Drives Industrial Site Selection
Q4 2023
-
Manufacturing Momentum Is Building
Q1 2024
-
Technology’s Influence on Workforce Development
Workforce Q4 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023