TexPharma, LLC, to Bring Up to 500 Jobs to Fort Bend

TexPharma, LLC, to Bring Up to 500 Jobs to Fort Bend

The Fort Bend County Commissioners Court has approved a tax abatement to bring TexPharma into the Rosenberg Business Park, a move that could bring up to 500 new jobs to Fort Bend County.

The company is consolidating operations in multiple locations to one facility in Rosenberg that will house production and bottling of nutraceutical and pharmaceutical vitamins, dietary supplements and other items.

Space, highway access and a location removed from the city center drew TexPharma to the new business park, said Al Pirani, manager of one of the facilities being consolidated. Pirani said he expects Phase 1 construction to begin soon on a 210,000-squarefoot building, with the center possibly opening in 2017. TexPharma will start with 80 employees in Rosenberg and hopes to see the number grow to approximately 500.

TexPharma’s capital investment for the 19.1-acre complex is projected at $21 million. The county’s move to approve a 60 percent tax abatement for seven years mirrors a similar gesture made by the City of Rosenberg late last year.

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

Rosenberg Business Park, a shovel-ready,184-acre site near the intersection of Interstate 69 and FM 2218. The business park — Rosenberg’s largest — is the culmination of a public-private partnership fostered by then Rosenberg mayor and now Precinct 1 County Commissioner Vincent Morales, Jr., between the city of Rosenberg and Fuller Realty Partners. The goal was to provide a readily available space near major thoroughfares that could be easily customized to fit the needs of industrial and manufacturing companies.

“At one time agricultural land, Rosenberg Business Park is now bringing new jobs to the county and increasing the tax base,” Morales said.

TexPharma is the third company to purchase land within the Rosenberg Business Park, but will be the first to start construction. It is also the largest tenant within the park so far, Malik said.

 

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