Midmark Corp. announced it is moving its headquarters to Austin Landing from Dayton.
The provider of medical, dental and veterinary healthcare equipment solutions announced it has finalized lease negotiations and will move its headquarters to Austin Landing by Oct. 1, 2018. Midmark will move approximately 20 to 25 positions from the current Dayton location.
The move will include members of its C-suite, finance, clinical affairs and other select positions and will consolidate its West Chester office to the Austin Landing location.
“Our decision to locate our headquarters within the Dayton region continues to be a positive one. The area is rich in talent and innovation, and the impact is visible throughout Midmark,” said Bob Morris, chief financial officer for Midmark. “The city of Dayton and the University of Dayton have been incredible hosts over the past five years and we thank them for their support. We look forward to our continued partnership as we maintain our presence in the area.”
The new headquarters will into the Austin Landing development at the corner of Penny Lane and Rigby Road. The office will be a 12,000-square-foot space located on the third floor of an office that is to be constructed in 2018.
“Midmark’s presence on campus strengthened our partnership and we are especially grateful for the support extended to our students in learning opportunities and state-of-the-art equipment,” said University of Dayton President Eric F. Spina. “We look forward to building on our valued partnership as the company continues to grow.”
The University of Dayton Research Institute will expand into the former Midmark space in the 1700 South Patterson Building.
Midmark will also continue with plans to build its new technology center in Versailles in 2018, which is expected to bring 97 new jobs to the region. The Versailles campus will remain Midmark’s largest site, housing primarily manufacturing, associated support functions and the customer experience department. The technology center is a $40 million investment, including more than $20 million in machinery and equipment.
John Baumann assumed the role of president and chief executive officer in January 2016, and Anne Eiting Klamar was appointed chair of the board of directors after serving as president and CEO. Under Klamar’s leadership, Midmark positioned itself on a firm path toward $1 billion in annual sales, officials said.
The company has nearly 1,700 employees worldwide.
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