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GRAPEVINE, TX, April 12, 2013 /24-7PressRelease/ -- Logan Creek Construction, a national developer of industrial space, has commenced construction on a new 500,000 square foot manufacturing facility in the Dallas-Fort Worth Industrial Center. The facility is a built-to-suit project for Fresenius Medical Care, which will operate the property under a long-term lease and relocate from its existing location in Coppell, TX. As a result of the project, Fresenius Medical Care will add several new jobs with a substantial capital investment and grow its existing relationships within the Coppell and Dallas-Fort Worth community.
Ed Harmon, president of Harmon Family Development Company, expressed his excitement for the project, "We have been seeking a new location for a distribution center in this logistics corridor for over two years. Dallas-Fort Worth provides ready infrastructure and a central location to the distribution points that will be served." He anticipates completion of the new facility in late 2013 or early 2014.
Doug Maloney, Senior Director of Supply Chain Operations for Fresenius Medical Care, is extremely pleased the project is moving forward. "It is exciting to know that we will continue to be a member of the Coppell and Dallas-Fort Worth community," Maloney said. "It was important for us to find a location that not only met our business needs, but also a location that would allow us to retain our valued employees. This location meets both criteria. This is where we want to be."
The state-of-the-art facility will serve as a regional distribution center for Fresenius Medical Care North America (FMCNA), the world's largest, integrated provider of products and services for individuals with chronic kidney failure, a condition that affects more than 1,400,000 individuals worldwide. Through its network of approximately 2,085 dialysis clinics in North America, Europe, Latin America and Asia-Pacific, Fresenius Medical Care provides dialysis treatment to over 160,000 patients around the globe. Fresenius Medical Care is also the world's largest provider of dialysis products, such as hemodialysis machines, dialyzers and related disposable products. The company's North American headquarters is located in Waltham, MA, a suburb of Boston.
Project financing was provided by Amegy Bank of Dallas. "We are thrilled to work with Mr. Harmon and DFW Airport in securing Fresenius' regional operations in North Texas," stated Lindsay Jones, Senior Vice President for Amegy Bank.
Logan Creek Construction is an Oregon, OH, based design-build contractor that operates on a national scale. Logan Creek has developed over 3 million square feet of industrial property in 10 states.
About Logan Creek Construction
Logan Creek Construction is a premier commercial building and construction company specializing in tilt construction, warehouse conversions, precast concrete panels, tilt up construction, commercial building and building construction nationwide. It operates as an affiliate of the Harmon Family Development Company, a national developer of industrial real estate. For more information, please visit www.logancreekconstruction.com.
About Fresenius Medical Care
Fresenius Medical Care is the largest dialysis services provider in the world. It provides renal services to hundreds of thousands of people throughout the United States, Mexico and Canada. Fresenius Medical Care is also the continent's top producer of dialysis equipment, dialyzers and related disposable products and a major supplier of renal pharmaceuticals. For more information about the company, please visit www.fmcna.com.
About Dallas-Fort Worth International Airport - Industrial Warehouse Development and Leasing
The Dallas-Fort Worth International Airport is the central force behind the growth of the North Texas region and the catalyst for turning the Dallas-Fort Worth area into one of the nation's most prosperous and vital economies. The Dallas-Fort Worth International Airport is a gateway to regional, national and international destinations and continues to be one of the busiest airports in the world. DFW International Airport consists of over 18,000 acres of land with over 5,200 acres available for commercial use. For more information about Industrial Warehouse Development and Leasing at DFW International Airport, please contact Mark H. Witte, Manager of Industrial Development and Leasing at 972-973-4657.
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