DAYTON — A new technology center is on the horizon for Midmark Corp.
Company officials announced Wednesday plans to construct the facility on its Versailles, Ohio, campus to facilitate the company’s recent and future growth. The new center will help strengthen the company’s new product development process and technological capabilities. The company is currently in the initial phases of the project with the goal of breaking ground late in the year or beginning of 2018.
“We are pleased to be growing the organization and enthusiastic for the future of Midmark,” said John Baumann, president and CEO of Midmark. “We are grateful for the far-reaching relationship we have established with the Versailles community and are excited to expand our presence here. Our decision to invest in this technology center will accelerate innovation at Midmark, support our culture, and help us deliver our strategic promise to enrich the point of care experience.”
Midmark’s strategy is to enrich the point of care experience by bringing clinical spaces, technology and workflows into harmony. With the healthcare market rapidly evolving, the company is making strategic moves to accelerate its product development cycle and strengthen its agility to stay ahead of customer needs. The decision to expand in Versailles supports this strategy by locating its engineering, marketing, product management, communications, among other functions connected to new product development, into close proximity of each other in a new, state-of-the-art facility that is conducive to innovation.
“We are extremely excited Midmark has chosen to locate a new technology center within the Village of Versailles. We view our relationship with Midmark as a partnership and this growth will only enhance that relationship. This is a huge win for the Village of Versailles,” sai Rodd Hale, village of Versailles administrator.
The history of Midmark in Versailles began in 1969 when the company constructed the first manufacturing plant for its medical division. Since then, the company’s presence has grown to occupy approximately 615,000 square feet across its facilities in Versailles, including Riverwatch, its conference center that hosts continuing education opportunities and accommodations for its visiting customers.
Midmark has been working closely with JobsOhio, Dayton Development Coalition, Darke County Economic Development and the village of Versailles on this project. More detailed information about this cooperative effort will be released at a later date.
Midmark Corporation, a privately held company founded in 1915, is a leading provider of medical, dental and veterinary equipment and technologies. Our nearly 1,700 teammates worldwide are passionate, courageous leaders focused on making a positive difference in the lives we touch by improving the experience between patients and their caregivers. Headquartered in Dayton, Ohio, Midmark maintains production and administrative offices in Versailles, Ohio, as well as seven other locations in the United States and international subsidiaries in India, Italy and the United Kingdom. To learn more about Midmark, visit midmark.com.
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