October 24, 2017
The state of Michigan awarded $8 million to Centria Healthcare (“Centria”), a portfolio company of Capricorn Healthcare, as an incentive to keep the company’s headquarters located in the state.
The Michigan Strategic Fund Board approved the grant for Centria, which is based in the Detroit suburb of Novi and operates in seven other states. Centria plans to relocate to a larger site in nearby Farmington Hills, adding 1,200 jobs over five years. The company currently has nearly 1,400 Michigan employees.
Based in Novi, Centria is the largest provider of Applied Behavior Analysis (“ABA”) therapy for children with autism in the State of Michigan. The company has started expanding its ABA business into additional states including Arizona, California, Oregon, New Mexico, Texas, Washington, and New Jersey. Centria is also a leading provider of specialized home-based healthcare services including catastrophic injury and rehabilitation care, private duty nursing, and supportive living services. Centria coordinates among multiple disciplines for its rehabilitation services including physical therapy, occupational therapy, speech therapy, and respiratory care.