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Midmark Begins Plans
to Build Technology Center in Versailles
DAYTON, Ohio, May 24, 2017 — Midmark Corp. today announced its decision
to construct a technology center on its Versailles, Ohio, campus to
facilitate the company’s recent and future growth and strengthen its
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.
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.
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.
John Baumann, president and CEO of Midmark, stated, “We are pleased to
be growing the organization and enthusiastic for the future 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.”
Rodd Hale, Village of Versailles Administrator, commented, “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.”
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.
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