City of Tullahoma and National HealthCare Corporation (NYSE MKT: NHC) are pleased to announce the official groundbreaking of the new facility. The event will be held Tuesday, October 23 at 2:00 pm at the Cedar Lane site.
The new skilled nursing and rehabilitation facility, which will be located on Cedar Lane, will have 90 beds and at full operation will directly employ over 100 employees. Projected capital investment of the project will be $10.75 million. Construction is expected to take approximately 12 months.
Jody Baltz, III, City Manager for Tullahoma said, “We have worked well with their staff and will continue to work with them to make sure the implementation and construction of this project continues to go smoothly. Our staff stands ready to assist any company who wants to locate in Tullahoma and create jobs. NHC is a welcome addition to our community.
In the event of inclement weather, the groundbreaking will meet at the Tullahoma Municipal Airport at 807 William Northern Blvd.