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Midmark Technology
Center Supported by JobsOhio Grant
Future Midmark R&D center is expected to bring 97 new jobs to
Versailles
DAYTON, Ohio – Midmark Corp., a leading provider of medical, dental and
veterinary equipment solutions, plans to create at least 97 new jobs
over five years at a new Research & Development (R&D) center in
Versailles that is planned for construction in 2018. JobsOhio has
committed $5 million from its R&D Center Grant Program to support
the project.
John Baumann, president and CEO of Midmark, said, “The new R&D
center will bring our product development teammates into close
proximity in a space that will offer the tools and resources needed to
create cutting-edge solutions for our healthcare customers. Midmark is
grateful for the tremendous support from JobsOhio. This grant will
allow us to create the facilities we need to carry us well into the
future and continue to bring innovation to the state of Ohio.”
The company will leverage the new R&D center to fulfill its mission
of improving experiences between patients and caregivers. With the new
R&D center, teammates at Midmark will be better able to identify
and launch solutions to improve patient outcomes while reducing costs
and enhance the patient experience. More than $40 million in total,
including more than $20 million in machinery and equipment, will be
invested in Midmark’s state-of-the-art facility and corresponding
growth needs.
“The JobsOhio R&D Center Grant Program was established to help
advance innovation and spur the new jobs and strategic opportunities
for R&D commercialization that Midmark plans to grow in
Versailles,” Aaron Pitts, JobsOhio senior managing director. “Midmark
is an industry leader and a fourth-generation Ohio success story, and
we look forward to working with the company as it continues to develop
innovative products and services for both providers and patients.”
The JobsOhio R&D Center Grant was first announced at the June 2016
JobsOhio Board of Directors meeting in Dayton. Dayton Development
Coalition president and CEO, Jeff Hoagland, said Midmark’s growth is an
example of continued R&D investment in the region: “Midmark’s
decision to build its new R&D Center in Versailles highlights the
Dayton Region’s strengths when it comes to research and development.
With one of the highest concentrations of engineers in the country,
Midmark can tap into the region’s culture of innovation. The JobsOhio
R&D Grant Program gives the region and the state another valuable
tool to support companies like Midmark as they search for breakthrough
technologies.”
The newly-built facility will co-locate engineering, marketing, product
management, commercial leadership and services into targeted research
areas and engineering lab spaces aimed at improving specific
customer-focused needs. The R&D center will also include a
customer-focused design and training center to create an interactive
learning experience.
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