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Midmark...
State Tax
Incentives for Versailles Manufacturing Facility Expansion Approved
Editor: On Monday, CNO noted that while a number of support positions
will be moved to Dayton with the announced expansion, there will be
local manufacturing growth. The following press release announces tax
incentives to accommodate this growth.
VERSAILLES, Ohio – (May 21, 2012) – Midmark Corporation, the most
trusted name in medical, dental and veterinary healthcare equipment
solutions, today announced the approval of Ohio state tax incentives
and the expansion of its manufacturing facility in Versailles.
The Ohio Department of Development approved $2.6 million in state tax
incentives at the Ohio Tax Credit Authority meeting today in Columbus.
In addition to a 100,000-square-foot plant expansion, Midmark plans to
make investments in new processing equipment, capital tooling for
innovative new product development, investments in IT infrastructure
enhancements and office space upgrades.
Dr. Anne Eiting Klamar, president and CEO of Midmark stated, “The
incentives from the State of Ohio will help Midmark continue its
efforts in driving improved productivity and economic progress within
our markets and in our community. We are very pleased with the outcome
of this project and look forward to continued growth.”
To read Monday’s article on the announced expansion, click here
About Midmark
Midmark Corporation brings efficient patient care to millions of people
each day in the human and animal healthcare industries around the
world. The most trusted name in medical, dental and veterinary
healthcare equipment solutions, Midmark is committed to providing
innovative products and services for the healthcare professional,
integrating value-added technology into everything it does. With more
than 1,500 teammates worldwide, Midmark is dedicated to making a
positive difference in the practice of healthcare. With corporate
offices located in Dayton, Ohio, Midmark Corporation maintains four
subsidiaries in the United States, with manufacturing, support and
Customer Experience facilities located in Versailles, Ohio. To support
international healthcare markets, it holds subsidiaries in France,
India and Italy. For more information about Midmark, visit the
company’s Web site at midmark.com.
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