Business

Long-term care company moving to Louisville

State officials announced Monday the relocation of long-term care facility operator Signature HealthCare LLC from Palm Beach Gardens, Fla., to Louisville.

The move will create 96 jobs, and the company expects to grow to more than 120 at the location, officials said. The average annual salary will exceed $75,000 for those jobs.

The company operates 66 long-term care centers in seven states in the southeast and employs nearly 11,000.

Signature HealthCare is partnering with the Nucleus Life Science and Innovation Center in Louisville to create the International Center for Long Term Care Innovation to help foster companies in the industry.

The Kentucky Economic Development Finance Authority has tentatively approved Signature HealthCare for tax incentives of as much as $4 million.

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