However, Midmark spokeswoman Susan Kaiser confirmed Wednesday the company has reopened its search for space in the Dayton area.
“While this could delay the timing of our relocation, we remain committed to expanding in the Dayton area,” Kaiser said.
Kaiser forwarded a statement from Midmark President and Chief Executive Anne Klamar, who said: “Negotiations and evaluations on the Tech Town property weren’t completed to our requirements. We will continue our search until all requirements are met.
“We are committed to expanding in the Dayton area. This decision is important to our company as we look to enhance the technological connections and talent needed to meet our corporate goals,” Klamar said. “We will therefore continue to seek appropriate space in the Dayton area and will look forward to a successful outcome.”
Kaiser declined to say how Tech Town didn’t meet Midmark’s requirements or where in the Dayton area the company is searching.
Midmark executives were to have moved into Tech Town’s third and newest building, which remains empty almost a year after construction was completed.
CityWide Development, the city of Dayton’s public-private development arm, is Tech Town’s owner and co-developer with Dayton. CityWide President Steve Budd said Midmark’s decision wasn’t expected, but he added that the company’s senior management told CityWide that Midmark needed to do a more “thorough search” for offices.
“All we could say was, ‘OK.” Budd said. “They told us that Tech Town is still an option.” He said Midmark gave him no information on when it would decide on a location.
Budd confirmed there are currently no leases for Tech Town’s third building.
“It is a concern because I want to fill the building as soon as possible,” he said. But the city and CityWide officials knew filling the building would be “slow going” because there is plenty of office space available in today’s market, Budd said.
Midmark has 1,500 employees worldwide, including 850 in Versailles.
Midmark also announced in May a 100,000-square-foot expansion of its two plants in Versailles, which today total about 320,000 square feet. Kaiser said Wednesday those plans are going forward.
Midmark had said it wanted to complete the expansion by late 2013.
About the Author
