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Posted on September 5, 2019 at 2:55 PM by Darren Musselwhite
Southaven is “hot” right now! I’m happy to announce that another major industrial development is locating in our great city! Today, we broke ground with Spectra Laboratories, a wholly-owned subsidiary of Fresenius Health Care, for an $81-million, 211,000 square-foot laboratory on Stateline Road just east of Swinnea Road. This laboratory will bring 304 new jobs to our city within two years and includes plans to expand this to 600 jobs. The average salary for these jobs is $61,000 annually.
Fresenius Medical Care is a leading provider of dialysis products and services for individuals with chronic renal conditions. Spectra provides renal-specific laboratory services, including high-volume testing through automation for dialysis patients. The new Southaven lab will perform tests covering a range of specialties, including chemistry, hematology, immunochemistry, microbiology, serology, trace elements, therapeutic drugs/water, and dialysate.
Attracting a development of this magnitude can only happen with the cooperation of state, county, and city officials. Governor Phil Bryant reached out his hand to do everything possible on behalf of our state, along with the Mississippi Development Authority’s assistance through the Advantage Jobs and Healthcare Industry Zone incentive programs. Desoto County and the City of Southaven both provided partial property tax exemptions as well as City-infrastructure changes needed near the location. Jim Flanagan, the Desoto County Economic Development Council Director played a key role in coordinating all of these efforts with Fresenius management to finalize the agreement. I’m thankful for the efforts and cooperation from all of these people.
Our City has become attractive to the health care industry for a number of reasons which I believe will lead to continued industrial growth here. The essentials are certainly a key geographic location, excellent transportation network, qualified workforce, and quality healthcare facilities nearby, however, the quality of life that Southaven offers for the employees and their families seals the deal for us.
Construction is expected to be complete with business operations beginning in early 2021.
Posted on August 15, 2019 at 4:43 PM by Darren Musselwhite
Kruger is expanding to Southaven and leasing 365,000 square feet in the space vacated a few years ago by Asics at Airways/Marathon Way. This $3 million capital investment will bring approximately 30 new jobs to our city.
Kruger is a Canadian company headquartered in Montreal and founded in 1904 that has traditionally focused on the distribution of paper goods. They have expanded operations into tissue products, renewable energy, cellulosic biomaterials, innovative specialty papers for eco-friendly food packaging and labeling products, paper and paperboard recycling, real estate, and wines & spirits.
We appreciate the efforts of local commercial advisors/brokers in bringing them here and welcome Kruger and their outstanding operation to our city.
Posted on August 9, 2019 at 3:35 PM by Darren Musselwhite
Until I became Mayor, I never had any idea how much work goes into recruiting quality developments and how much time it takes to see these developments become real. Jim Flanagan is the Director of the Desoto County Economic Development Council and does an incredible job of promoting our county and recruiting industrial developments. He and I have almost cried together, at times, seeing some great ones pass us by and go elsewhere after tremendous efforts. We don’t get them all, but we have landed a “big one” with Medline.
Medline Industries, Inc., a global healthcare company headquartered in Northfield, Illinois, employs 23,000-plus people manufacturing and distributing medical supplies in more than 90 countries. They have purchased vacant property in Southaven between I-55 and Highway 51 just north of Star Landing Road where they plan to build a 1.4 million square-foot facility that will distribute their products throughout the Southeastern U.S. This $46-million investment will bring 450 new quality jobs to Southaven.
Our City Board of Aldermen joined me in recognizing the significance of this development and offered the infrastructure improvements needed to meet the needs of Medline. The State of Mississippi provided essential tax incentives and co-op funding required for the Pepperchase Road extension, along with Desoto County, to finalize the requirements of this outstanding operation.
Medline attributed their choice of Southaven to our key geographic location, quality local workforce, and high quality of life. We’ve welcomed them to our city and are excited about the magnitude of benefits their operation will bring to our citizens and the healthcare in our region. I appreciate the coordinated efforts of Governor Phil Bryant, the Mississippi Development Authority, the Desoto County Economic Development Council, and the Desoto County Board of Supervisors with our city to make this happen.
Medline projects this facility will be ready to start operations in early 2021.