Teleflex Incorporated, a provider of medical devices for critical care and surgery, is relocating its distribution center into an existing 627,000-square-foot facility in Olive Branch, Mississippi, with plans to employ approximately 225 workers within four years.
"I am pleased to be welcoming Teleflex to Mississippi," Governor Phil Bryant said, noting adoption of recent legislation helped attract the firm. " I applaud the Mississippi Legislature for passing the Mississippi Health Care Industry Zone Incentive Program this year. Teleflex is the first company that is able to take advantage of this new program, which will help us grow this industry of necessity in the state and create additional high-paying job opportunities for state residents."
Benson Smith, Teleflex Incorporated chairman, president and chief executive officer said, "We are excited at the opportunity to have our distribution center located in Mississippi. A single, centralized distribution facility will generate improved operating efficiencies and improved customer service, and we look forward to being here for many years to come."
As an incentive, The Mississippi Development Authority provided assistance through the Momentum Mississippi Incentives program and guidance on available tax incentives to support of the project. Additionally, the City of Olive Branch is providing the company with local tax incentives to assist with the project.
"I am grateful to Teleflex for selecting north Mississippi for these operations, and I know our state's prime location and dedicated workforce will serve the company well," said MDA Executive Director Brent Christensen.