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Vitamin company consolidating up to 500 jobs in new Houston-area business park

TexPharma LLC plans to consolidate operations from several locations nationwide into the Rosenberg Business Park, where it could eventually house up to 500 employees.

At its Jan. 3 meeting, the Fort Bend County Commissioners Court approved a seven-year, 60 percent tax abatement for the company, according to a county press release. In November, the Rosenberg City Council also approved a seven-year, 60 percent tax abatement.

Construction is expected to begin soon on a 210,000-square-foot building, the first phase of a $21 million complex on 19.1 acres that TexPharma bought in the park.

The new facility will house production and bottling operations for nutraceutical and pharmaceutical vitamins, dietary supplements and other items. It could open this year and initially will house 80 employees. Terms of the city’s tax abatement require the complex to reach 300 employees by 2024, according to Rosenberg City Council meeting minutes.

TexPharma closed operations in California and will move its Miami operations to Rosenberg, as well, a Fort Bend spokesperson told the Houston Business Journal. The company has another Fort Bend facility that will also move into the park at a later time.

“This will have a tremendous impact on our economy,” Randall Malik, economic development director for the city of Rosenberg, said in the county’s press release. “These employees will be working here, probably living nearby and spending locally.”

TexPharma will be the first company to start construction in the Rosenberg Business Park, but Houston-based Bearden Investments and Needville-based Croft Production Systems also purchased land in the park nearly a year ago. TexPharma is the largest tenant so far in the park, a 184-acre property on FM 2218 less than a half-mile from Interstate 69. It is being developed by the city of Rosenberg, the Rosenberg Development Corp. and Houston-based Fuller Realty Partners LLC.

 


To View Original Article, Click Here. Olivia Pulsinelli is the senior web editor for the Houston Business Journal's award-winning website. Follow her on Twitter for more.