history
Celebrating 45 years in business, MEDCO Construction has been building in Texas since 1964. Our goal – to provide full-service construction in the health care industry – quickly grew in size and scope resulting today in a multimillion-dollar company. MEDCO demonstrates solid financial performance with company revenues growing 143% percent between 1999 and 2007.
MILESTONES
1964 - Three people, Mike Shipley, Frank Odom and Will McPhail,
comprised the Construction Division of Baylor Hospital,
now MEDCO Construction, and the company was established
1973 - Name changed to Gaston Construction. Began finish-out of
Wadley and Barnett Towers at Baylor University Medical Center
1984 - Name changed to / incorporated as Medical
Environmental Development Corporation – MEDCO Construction
1985 - MEDCO’s first non-Baylor client – addition and renovation to Cliff Temple Baptist Church
1985 - First freestanding surgery center built
1990 - MEDCO reaches $33 million revenue & 330 employees
1991 - Initiation of MEDCO Safety Program
1991 - Baylor – Tom Landry Health & Fitness Center Opens
1994 - MEDCO Millwork began working for non-Baylor clients
1995 - Denward Freeman becomes President of MEDCO Construction
1995 - First labor contract with UT Southwestern Medical Center
1996 - 600 construction days with no lost-time injuries
1996 - Denward Freeman named president of Dallas Chapter,
the Associated General Contractors of America (AGC)
2000 - Lake Pointe Children’s Building Complete
2003 - Lake Pointe Youth Building, Pier 4:19 Complete
2004 - MEDCO celebrates 40 years!
2004 - Baylor Regional Medical Center at Plano opens. Projected totaled $90 million and included a hospital, parking garage and medical office building
2005 - Gamma Knife / Cyber Knife at Baylor Radiosurgery Center opens, the first of its kind in Texas, one of a few in the world
2005 - Lake Pointe Church Town East Campus opens
2005 - The Heart Hospital at Baylor Plano opens. Project totals $45 million
2006 - Lake Pointe Church Rockwall Campus opens West Wing
2006 - MEDCO Construction reaches $217 million in revenue & 370 employees
2007 - Lake Pointe Church Firewheel Campus breaks ground
2009 - MEDCO Celebrates 45 years!
