San Marcos Mayor Susan Narvaiz, right, presents a gift to Texas Secretary of State Hope Andrade, right, at the announcement that Grifols, Inc., will locate facilities in San Marcos. Staff photo.
By BILL PETERSON
The economic outlook in San Marcos took a step up Thursday as city, state and county officials announced that Grifols, Inc., will locate new research, testing and warehouse facilities in San Marcos.
Grifols will open a 72,000 square-foot plasma testing and research facility at River Ridge Business Park in 2010, then add a warehouse and fractionation plant scheduled for completion in 2012-2013. Grifols produces medicines for bleeding disorders and other diseases, deriving cures from human plasma donations.
The first phase will add 100 jobs, with another 90 coming in the second phase. In total, the Grifols operation will add 190 jobs at average salaries exceeding more than $38,000. Grifols will invest $76 million in land, buildings, machinery and equipment.
“What does this mean?” San Marcos Mayor Susan Narvaiz asked. “It means more opportunity for our citizens.”
According to the U.S. Census Bureau’s 2007 estimates, the latest available, the median household income in San Marcos was $26,641.
Grifols, founded in Barcelona, Spain, in 1943, makes plasma derivatives and other medical materials for the bioscience, diagnostic and hospital sectors. The company collects plasma at 80 facilities in 26 states.
Chris Healey, Vice President of Governmental and Public Affairs for Grifols, said the company considered building the facility as a complement to its United States headquarters in Los Angeles, or as part of a large manufacturing facility in Phoenix, AZ. However, Healey said, “Texas offers the enterprise fund and the San Marcos community is very welcoming.”
Texas Governor Rick Perry (R) touted the contribution of his Texas Enterprise Fund (TEF), which kicked in $500,000 for the Grifols project. The governor’s office said the TEF now has invested more than $383 million in projects that have generated 55,587 new jobs and more than $14 billion in capital investment since Perry first created the fund in 2003.
But city and county governments also made major contributions to the recruitment of Grifols. The city will refund 75 percent of the company’s personal property taxes generated for the next ten years to an estimated total of about $1.8 million. Hays County will make the same kind of personal property tax refund to an estimated total of about $2.1 million.
“This is a great opportunity,” Hays County Precinct 3 Commissioner Will Conley (R-San Marcos) said. “We hope it builds on more opportunity in the future.”
According to the city, the Grifols project will be the first manufacturing facility of its type in Texas, and the sixth in the United States.Email | Print