VERSAILLES, Ohio — Midmark Corporation announced Thursday 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 said it hopes to break ground on the center late in the year or at the beginning of 2018.
With the healthcare market rapidly evolving, Midmark said it is making strategic moves to accelerate its product development cycle and strengthen its agility to stay ahead of customer needs. Midmark says its strategy is to enrich the point of care experience by bringing clinical spaces, technology and workflows into harmony.
The company says 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.
Midmark President and CEO John Baumann 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,” he added.
Village of Versailles Administrator Rodd Hale said, “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 said it has been working closely with JobsOhio, Dayton Development Coalition, Darke County Economic Development, and the Village of Versailles on this project. The company said more detailed information about this cooperative effort will be released at a later date.
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 the company’s website at midmark.com.
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