Thursday, March 10, 2011

Nursing home firm HQ to exit Fort Smith

Posted By on Thu, Mar 10, 2011 at 9:52 AM

Michael Tilley at the City Wire reports that the Golden Living nursing home chain (formerly Beverly Enterprises) is preparing to move its corporate headquarters from Fort Smith to Plano, Tex. Hard to recruit execs to Fort Smith. Airport connections better in Texas.

The company is privately held by a California investment firm and there's also some speculation it may be positioning operations to make them more attractive for a sale. The firm will retain some 500 jobs in Fort Smith, the article says.

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