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DAYTON — Excellence in Motivation, which provides business performance incentive programs for companies and their employees, will stay in downtown Dayton for at least five more years, invest at least $6 million in an expansion and hire about 50 additional employees during that time, a city official said Wednesday, Nov. 4.
The company had been considering a possible relocation to The Greene or other sites in and outside of Ohio, said Shelley Dickstein, Dayton’s assistant city manager for strategic development. Instead, the company recently signed a five-year lease to stay in the PNC Building at 6 N. Main St., she said.
Excellence in Motivation’s plans include new product and software development, launching a new online business as soon as this week, and expanding by acquiring other firms, said Bob Miller, president and chief executive officer.
The city agreed to provide the privately owned company with a $500,000 economic development grant in support of the expansion, subject to approval by the City Commission on Wednesday night, Dickstein said.
The company has about 160 employees in 50,000 square feet of space it occupies in the PNC Building. It also has about 40 employees in sales offices around the country, and has annual revenues of about $100 million.
The company may eventually occupy more space in the building as part of the business expansion, Miller said.
Excellence in Motivation’s client list includes Fortune 500 companies, whose representatives often visit the company and use downtown restaurants.
“So the impact that they create, as far as downtown activity, is significant,” Dickstein said.
Representatives of the city, Downtown Dayton Partnership and Dayton Development Coalition worked with the company to persuade its leadership that downtown Dayton will be a good location for the expansion, Miller said.
<p class="note">Contact this reporter at (937) 225-2242 or jnolan@DaytonDailyNews.com.</p>
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