May 21, 2012

State gives approval for Midmark tax incentives


VERSAILLES - 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.”  

Midmark previously announced its expansion plans contingent upon the state's approval - http://www.bluebagmedia.com/2012/05/midmark-will-expand-versailles-facility.html

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