Groundbreaking for New Fresenius Medical Care Location

TYLER — The Tyler Economic Development Council and the City of Tyler Wednesday hosted a groundbreaking ceremony for construction of a new facility for Fresenius Medical Care, a major area employer, at Earl Campbell Parkway and South Bennett Avenue. Mayor Martin Heines and TEDC President/CEO Tom Mullins cite 300-350 additional jobs to be created with Fresenius’s expansion in Tyler. In a news release, Heines says that’s directly in line with the goal of the city’s Industry Growth Initiative. According to the news release, Fresenius is the world’s largest integrated provider of products and services for individuals undergoing dialysis due to kidney failure. To date, the company has three clinics and a business support center in Tyler with a combined workforce of approximately 120 employees.

The company will construct a new 80,000-square-foot, two-story office facility. This 9.2 acre site was purchased from TEDC and Tyler Junior College. Construction is underway and is projected to be complete by late 2016. Officials say the “state-of-the-art” $11.2 million facility can be expanded to 100,000 square feet. Much of the initial employee training will be provided at the TJC West Campus and will focus on business operations, among other functions. According to an impact study conducted by Impact DataSource of Austin, the project is expected to have an estimated $62 million economic impact on Tyler/Smith County in added sales tax revenue and increased residential property values over the first 10 years of operation. The total economic impact is estimated to be $370 million in the first 10 years.