The University of Texas at Tyler announced today it would
rename the College of Business and Technology to the Soules College of Business. The new
name is part of an agreement for John Soules Foods to make a major investment supporting
student success at the college.
The investment will be the largest single private contribution to the university in its history.
“We are extremely grateful to the Soules family and John Soules Foods for this investment that
will have a tremendous impact on thousands of students who attend the Soules College of
Business,” said Dr. Michael Tidwell, UT Tyler president. “John Soules Foods is leading the way in
showing how private business can partner in The University of Texas at Tyler’s vision to be the
economic and educational driver of East Texas.”
The contribution will augment the university endowment, providing funds in perpetuity for Soules
College of Business student scholarships, business innovation grants and research.
“The John Soules Family welcomes this opportunity to combine the unlimited talent and potential
of The University of Texas at Tyler with the John Soules Foods team of dedicated women and
men to better serve the American and global consumer,” said John Soules Sr., Chairman of John
Soules Foods. “Together we will discover new ways to bring value to the marketplace. This
alliance will create a venue for academic knowledge to apply theory and to offer firsthand
training to students.”
The investment comes at a time of significant growth in the business college. The university is
expected to open a new 140,000-square-foot facility this fall to house the programs serving the
2,700 students enrolled in the Soules College of Business. The largest of UT Tyler’s six colleges,
the Soules College of Business is accredited by the Association to Advance Collegiate Schools of
Business (AACSB), the Association of Technology, Management and Applied Engineering
(ATMAE), and the Category Management Association, one of only four schools in the nation to
receive such distinction.
“The entrepreneurship opportunities this investment will unlock for our students and faculty are
exciting and will enable our college to expand its leadership footprint in business education,” said
Dr. James Lumpkin, dean of the Soules College of Business. “These resources will help enhance
the quality and quantity of the business leaders we graduate who will go on to serve in Tyler,
across East Texas and around the world.