Steep growth course requires a larger site
Tenancy agreement of existing premises in Nieder-Olm expires in 2023
Alternatives elsewhere currently under consideration
Big, bigger, TRACOE medical – only last year the manufacturer of medical devices for the tracheostomy and laryngectomy market increased its storage space to 3,300 m2 by opening a new logistics centre, in order to gain space in the neighbouring company headquarters in Nieder-Olm for the Production and Research and Development Departments. However, the strong growth of this international company that closed the last financial year with a turnover of around EUR 24 million – 13% up on the previous year – still needs a lot more space. Dr Thomas Jurisch, Managing Director of TRACOE medical GmbH: “Today we have already reached the limits of our capacity at our current site, especially
in terms of office workstations. Thus, we now need to change focus and examine not only other options in Nieder-
Olm, but also sites and properties in the surrounding area”. The signs pointing to adding new floors or making structural alterations to the existing leased premises in Reichelsheimer Straße 1 – 3, which until now offered perfect conditions for TRACOE medical, had been there for a long time. However, approval could not be given by the lessors due to a number of different considerations. “We are therefore making concrete plans not only to look at building a completely new head office from scratch with Production, Administration and Logistics in the immediate vicinity on what is now the parking area of our logistics centre, but also to look at other options – if necessary, also outside Nieder-Olm, although this would be hard for us”, Dr Jurisch said, as the cannula manufacturer has now been established in this small town near Mainz for two decades. “We have many close ties with this place”, Dr Jurisch says, “it was here, in this building, that the firm developed into what it is today: a leading premium supplier of tracheostomy products for the hospital and home care sector exporting to almost 90 countries worldwide. So, the coming weeks, when the decision-making stage is reached, will be all the more exciting for TRACOE medical..