Martin Sustainable Resources LLC and Martco LLC dba RoyOMartin and LSU alumni Roy O. Martin III and Kathy Kilpatrick Martin have pledged $3.5 million to advance the primary capital priority of three LSU campuses: LSU Alexander Student Success Center, LSU The flagship Baton Rouge campus of the Interdisciplinary Science Building and the LSU Health Shreveport Medical Education Center.
"This gift will provide basic support for our three primary capital priorities," said William F. Tate IV, President of Louisiana State University. "LSU’s Alexander Student Success Center, LSU Interdisciplinary Science Building, and LSU Health Shreveport Medical Education Center are critical to closing the infrastructure gap and positioning LSU to achieve ambitious goals in the areas of student and teacher recruitment, research, and community impact. Important. Martins’ LSU’s support is long-term and extensive, and we thank them for their commitment to advancing LSU’s exemplary commitment as an interconnected campus family."
Martin Sustainable Resources LLC and Martco LLC dba RoyOMartin, the major wood products manufacturers in the southern Gulf, have pledged to provide $2 million in funding for the LSUA Student Success Center, the most important Fierce for the Future movement on campus Priorities. The US$10 million center will break ground in the spring of 2022. It will become a hub for student services and a front door to the university, while ensuring that every LSUA student has the level of personal support needed to succeed.
The construction of this dedicated student space is a public-private partnership with Louisiana in response to the continued expansion of the LSUA student population and academic product pool-growth has accelerated the overall appearance of the campus and the addition of new facilities. In addition, the services provided by the Student Success Center—including admissions and recruitment, financial assistance, consulting, first-year experience and career development centers—will strengthen LSUA’s retention of jobs and provide students with employment opportunities after graduation.
Roy and Kathy Martin personally invested US$1 million in the LSU Interdisciplinary Science Building and US$500,000 in the Medical Education Center of LSU Health Shreveport. Each of them earned two degrees from LSU's flagship campus. He has a bachelor's degree in mechanical engineering and a master's degree in business administration, and she has a bachelor's degree in music education and a master's degree in business administration. The couple live in Alexandria, Louisiana, which is the headquarters of RoyOMartin.
Roy O. Martin III said: "The Martin and Kilpatrick families have received education throughout the LSU system, from New Orleans to Shreveport and every campus in between. We are most important to LSU as Louisiana, One of the most influential assets is deeply appreciated. We are also very grateful for the impact of Louisiana State University on our lives and the success of our business. This gratitude and our commitment to the future of Louisiana prompted us to decide this year Make a system-wide gift. We are proud to support the entire LSU campus family now and in the future."
The Interdisciplinary Science Building-Louisiana State University's primary capital priority-will be the center of a new campus focused on scientific discovery. The $101 million project is a public-private partnership with Louisiana, which will create a center for academic, research, and industry collaboration, as well as a center for collaboration with nearly $35 million in annual research awards.
The Louisiana State University College of Science is a springboard for more than half of Louisiana’s doctors. It promotes economic development and research that shapes healthcare, plans to improve children’s access to first-class STEM education, and prepares future doctors in the Louisiana community to improve To improve the quality of life and health professionals of every Louisianan. The Interdisciplinary Science Building is scheduled to begin construction in the fall of 2022. The project will open in the fall of 2024 and will support five key disciplines: biological sciences, chemistry, geology and geophysics, mathematics and physics, and astronomy.
The gift provided by the Martins to support the LSU Health Shreveport Medical Education Center will be used directly at the Center of Excellence for Emerging Virus Threats. CEVT was created in March 2020 to quickly respond to the impact of COVID-19 and quickly became an essential part of the pandemic mitigation efforts in Northern Louisiana. It will be relocated to the top level of the Medical Education Center to address current space constraints and make the laboratory a Biosafety Level 3 (BSL-3) laboratory-a key advancement in improving research capabilities to deal with future virus threats.
The Kathy and Roy O. Martin III CEVT training laboratory will be a specially equipped facility that will allow students to work with LSU Health Shreveport scientists to carry out key research needed to address current and future virus threats, serving as a monitoring laboratory for the entire laboratory. And region. The Martins’ investment in this laboratory is critical to establishing the Shreveport-Bossier area as a location for long-term biotechnology investment.
The construction of the building is a $74 million public-private partnership with Louisiana, which will begin in the summer of 2021 and is expected to be completed in 2023. The Medical Education Center will also allow LSU Health Shreveport to expand its medical school class size, adding 50 MDs each year after graduation to address the shortage of doctors in Northern Louisiana and the entire state. Ultimately, the teaching, treatment, and discovery that occur in the building will improve the health of Louisianans, promote sustained economic growth, promote research innovation, and reimagine the student experience.
In keeping with the Martin family and RoyOMartin’s commitment to Louisiana’s future and economic vitality, the company recently generously provided support for the forestry management program led by the director of the Louisiana Forest Products Development Center, Professor Richard Vlosky, and cooperated with Louisiana In cooperation with another higher education institution. On the flagship campus of Louisiana State University, the Martins participated in the work of the EJ Ourso School of Business and the School of Engineering, dedicated to meeting the industry needs of graduates in the fields of finance and engineering, respectively.
RoyOMartin is one of several wholly-owned subsidiaries of Martin Sustainable Resources LLC, a private equity investment company. The name RoyOMartin commemorates Roy O. Martin Sr., a business pioneer and patriarch of the Martin family, who started the family’s first business in 1923 in a small sawmill in Alexandria, Louisiana, and bought a few shortly thereafter. Acre of woodland. Martin Sustainable Resources LLC is owned by several generations of Roy Sr. It has a wide range of holdings, but mainly focuses on land, timber and mineral resources, with special emphasis on sustainable forests and forest products manufacturing businesses. These assets include the plywood and oriented strand board manufacturing facilities in Louisiana owned and operated by RoyOMartin and RoyOMartin’s wholly-owned subsidiary Corrigan OSB, LLC in Texas, Martin Timberlands LLC, the largest private land in the southern United States One of the owners.
Martins and RoyOMartin’s recent investment in Louisiana State University is part of the university’s $1.5 billion Fierce for the Future movement, the largest higher education movement in Louisiana’s history. Fierce for the Future unites LSU campuses across the state to pursue a common goal: to develop solutions for the people of Louisiana, and is expected to have a profound and positive impact worldwide. To learn more, visit viverforthefuturecampaign.org.
Citation provided by Louisiana State University: Interdisciplinary Science Building and LSU Health Shreveport Medical Education Center LSU Top Capital Project (2021, December 14), retrieved on December 20, 2021 from https://sciencex .com/wire-news/400916558/interanthropic-science-building-and-lsu-health-shreveport-cen.html This document is protected by copyright. Except for any fair transaction for private learning or research purposes, no part may be copied without written permission. The content is for reference only.