New business plans to come to Tyler; 325 jobs expected
POSTED: Tuesday, February 28, 2012 - 10:02am
UPDATED: Tuesday, February 28, 2012 - 10:32am
TYLER — The City of Tyler is pleased to announce that Centene Corporation, a leading manager of health care services, has chosen Tyler as its first choice in Texas for the location of a multi-state regional claims processing facility in the new 140-acre Tyler Business and Technology Park. The move could create about 325 new jobs in Tyler.
The St. Louis, MO-based Centene, the nation’s fourth-largest Medicaid manager, would be the first owner of a site within the Tyler Business and Technology Park, which was developed by the Tyler Economic Development Council (TEDC).
Centene is currently working with the TEDC, the City of Tyler and the State of Texas to define the business terms and begin due diligence for the project. Centene anticipates that it will take four- to six-months to satisfy the conditions leading to a final decision to move forward with land acquisition and construction.
“We are excited at the prospect of having Centene Corporation as a new corporate citizen that brings quality jobs to Tyler,” said Tyler Mayor Barbara Bass. “Centene has a reputation as an active and generous corporate citizen in the communities in which it has offices.”
Centene is exploring the purchase of 25 acres in the Park to construct a 50,000 square foot office building and an adjoining day care center for employees’ families. This will be a state-of-the-art, environmentally friendly facility that will be LEED (Leadership in Energy and Environmental Design) certified. LEED certification is the recognized standard for measuring building sustainability. Development plans will include a walking trail on a wooded site and other features that will create a healthy and welcoming environment for Centene employees. It is anticipated that the total capital investment in the project would be approximately $15 million.
Upon satisfaction of feasibility conditions, construction of the Centene building is expected to begin this summer with completion anticipated in the summer of 2013.
TEDC has owned and managed 150 acres within the Tyler Industrial/Business Park since 1994. The Industrial/Business Park is located at the intersection of West Loop 323 and Robertson Road and is occupied by a variety of manufacturing, office, distribution, and retail businesses.
In 2009 TEDC extended South Bennett Avenue to intersect with the new Earl Campbell Parkway, which was paid for in cash with half cent sales tax funds. The TEDC also acquired an additional 140 acres to develop as the Tyler Business and Technology Park, where the Centene facility would be located.
Centene Corporation, a Fortune 400 company, is a leading multi-line healthcare enterprise that provides programs and related services to the rising number of under-insured and uninsured individuals. Many receive benefits provided under Medicaid, including the Children’s Health Insurance Program (CHIP), as well as Aged, Blind or Disabled (ABD), Foster Care, long-term care, other state-sponsored programs and Medicare (Special Needs Plans). Centene’s CeltiCare subsidiary offers states unique “exchange-based” and other cost-effective coverage solutions for low-income populations.
“We are still early in this process, however we are very encouraged by the progress that has been made,” said Tom Ellis, chair of the TEDC. “The potential addition of 325 well-paying jobs in Tyler is something we can all celebrate.”
Information from the City of Tyler