Midmark Coporation will relocate its corporate headquarters to Dayton by July.
The medical, dental and veterinary healthcare equipment provider said Thursday it has completed lease negotiations and will move the headquarters, to be renamed Midmark Center, to the 1700 South Patterson Building on the University of Dayton’s River Campus. The building once housed NCR Corp.’s headquarters.
Midmark’s corporate offices will now be centrally located between the company’s Versailles campus and its West Chester facility, Midmark Connect. Midmark said it will move approximately 60 positions from Versailles to Dayton, including its executives and certain corporate functions.
“The move to Dayton will provide us with enhanced opportunities to fulfill our vision of becoming a global leader in healthcare products and services that enable more efficient and effective patient care,” CEO and president Anne Eiting Klamar said. Midmark said it has no plans to move manufacturing out of Versailles. In October, the company announced an estimated 100,000-square-foot expansion of two plants in Versailles.
Klamar serves on the University of Dayton’s board of trustees. Midmark said it hopes to partner with UD through its intern and cooperative education programs. The company will be in the same building where UD offers MBA and other graduate classes.
Midmark received $100,000 in economic development funding from the city of Dayton to move the jobs. The estimated payroll of the employees moving to the city is $10.8 million, which will generate about $242,000 a year in taxes for the city, according to the agreement between the city and Midmark.
The new headquarters will take up more than 23,000 square feet on the fourth floor of the 1700 South Patterson Building.