The project will allow for the expansion of the company’s manufacturing footprint in specific areas as well as shipping and receiving. It will also connect the plant to a second existing facility, supporting a safer environment by allowing teammates to remain indoors as they move between the plants, the company said in a release.
In support of the project, the Ohio Development Services Agency has approved a $785,000 job creation tax credit, which will be distributed annually for eight years at $98,125 per year. The tax credit is based on Midmark’s commitment to invest $4.5 million in a 73,000-square-foot expansion and the creation of 99 jobs over three years.
Midmark will also invest nearly $500,000 in additional start-up costs.
Karl Weidner, vice president, global supply chain for Midmark stated, “Midmark is grateful for the tremendous support from the Dayton Development Coalition and JobsOhio. This assistance supports our growth plan strategy and strengthens product development, business quality and compliance activities, as well as safety improvement efforts.”