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Published: Tuesday, November 14, 2017 @ 1:46 PM
Updated: Tuesday, November 14, 2017 @ 2:14 PM
Midmark Corp. announced it is moving its headquarters to Austin Landing from Dayton.
The provider of medical, dental and veterinary healthcare equipment solutions announced it has finalized lease negotiations and will move its headquarters to Austin Landing by Oct. 1, 2018. Midmark will move approximately 20 to 25 positions from the current Dayton location.
The move will include members of its C-suite, finance, clinical affairs and other select positions and will consolidate its West Chester office to the Austin Landing location.
“Our decision to locate our headquarters within the Dayton region continues to be a positive one. The area is rich in talent and innovation, and the impact is visible throughout Midmark,” said Bob Morris, chief financial officer for Midmark. “The city of Dayton and the University of Dayton have been incredible hosts over the past five years and we thank them for their support. We look forward to our continued partnership as we maintain our presence in the area.”
The new headquarters will into the Austin Landing development at the corner of Penny Lane and Rigby Road. The office will be a 12,000-square-foot space located on the third floor of an office that is to be constructed in 2018.
“Midmark’s presence on campus strengthened our partnership and we are especially grateful for the support extended to our students in learning opportunities and state-of-the-art equipment,” said University of Dayton President Eric F. Spina. “We look forward to building on our valued partnership as the company continues to grow.”
The University of Dayton Research Institute will expand into the former Midmark space in the 1700 South Patterson Building.
Midmark will also continue with plans to build its new technology center in Versailles in 2018, which is expected to bring 97 new jobs to the region. The Versailles campus will remain Midmark’s largest site, housing primarily manufacturing, associated support functions and the customer experience department. The technology center is a $40 million investment, including more than $20 million in machinery and equipment.
John Baumann assumed the role of president and chief executive officer in January 2016, and Anne Eiting Klamar was appointed chair of the board of directors after serving as president and CEO. Under Klamar’s leadership, Midmark positioned itself on a firm path toward $1 billion in annual sales, officials said.
The company has nearly 1,700 employees worldwide.
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Published: Tuesday, January 16, 2018 @ 11:59 AM
No Macy’s stores will close in the Dayton region in the near future, but staff changes could occur, according to a company spokeswoman.
“We are fine-tuning our staffing needs in some of our smaller stores to better tailor our in-store resources with business needs and expectations, while providing the best possible customer service experience. This includes increasing associates in some areas of store operations and reducing associates in others. We have not provided a breakdown of these changes by store or region,” the Macy’s spokeswoman said.
Earlier this month, the company announced the closure of 11 Macy’s stores — including one in downtown Cincinnati. It’s part of the retailer’s plan to close approximately 100 stores, which was announced back in August 2016.
» MUST-READ RETAIL NEWS: Will Macy’s become a discount store? Retailer shares grim sales report
The following Macy’s stores will be closing in early 2018. In most cases, clearance sales started Jan. 8 and run for approximately 8 to 12 weeks. Macy’s has closed a total of 124 stores since 2015.
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Published: Tuesday, January 16, 2018 @ 11:11 AM
— Retail giant Wal-Mart Stores Inc. is reportedly cutting more than 1,000 corporate jobs.
The Wall Street Journal reported the retailer is cutting jobs at its headquarters, which comes as Walmart announced its store workers will receive raises and bonuses. Walmart employs more than 1.5 million people in the U.S., plans to cut more than 1,000 corporate jobs, people familiar with the matter told The Wall Street Journal.
“We’ve been looking at our structure for some time as we explore ways to operate more effectively,” a Wal-Mart spokesman told the WSJ, without confirming that job cuts are planned this month.
Sam’s Club, which is owned by Wal-Mart Stores Inc., suddenly shuttered 63 stores across the U.S. late last week. Two Sam’s Club stores in Cincinnati have permanently closed without notice. The Loveland store on Fields-Ertel Road and the Oakley store on Marburg Avenue both permanently closed Thursday, WCPO reported. No locations in the Dayton region have been impacted. Sam’s Club has locations in Dayton, Beavercreek and Centerville.
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Published: Tuesday, January 16, 2018 @ 11:37 AM
— In the past six months, Dayton Foundation fund holders awarded 10,515 grants totaling $26.4 million to not-for-profit organizations locally and beyond.
That’s a seven percent increase compared to the same period last year, the foundation said in an announcement Tuesday.
Grant awards amounting to $398,250 were made in the areas of arts and culture, health, education, human services, philanthropy and other community-building endeavors, the foundation said.
Discretionary grants totaling $357,500 were awarded to an array of organizations, including $75,000 to the Greater Dayton Union Cooperative to assist in building a new cooperative grocery store in a designated food desert area, the foundation said.
Other recent grants have included:
CityWide Neighborhood Development Corp., $25,000, to help fund the final phase of the Lakeside Lake restoration project.
Advocates for Basic Legal Equality, Inc., $50,000.
Agape for Youth, Inc., $7,000.
Girl Scouts of Western Ohio, $22,000.
Omega Community Development Corp., $75,000, toward building a center that will host poverty reduction programs.
Partners in Hope, Inc., $25,000, to help build a new facility to expand relief, education and development services for families in need.
The foundation’s “Greenlight Grants” program is aimed at organizations seeking “quick, small grants for special projects, program expansions, capital improvements or capacity building,” the foundation said. Those grants went to the Crayons to Classrooms organization, the Beavercreek Wetlands Association, Daybreak and others.
Published: Tuesday, January 16, 2018 @ 10:47 AM
— A sedan built by workers in Marysville was named the 2018 Car of the Year, the third year in a row a Honda model has received the award.
The 2018 Honda Accord, which began rolling off the assembly line in Marysville last year, beat out the Kia Stinger and Toyota Camry to claim the honor.
The Japanese automaker invested about $220 million in the Marysville facility as part of its redesign of the Accord, the company’s flagship sedan. About 1,400 workers from Clark and Champaign counties work for the manufacturer, and it employs about 14,500 Ohioans overall.
“We’re especially proud for the production associates in Ohio where Accord has been built to the highest quality standards for over 35 years,” said Henio Arcangeli Jr., senior vice president of the Automobile Division and general manager of Honda Sales in a news release.
Last year Honda’s Ridgeline won in the truck category in the car and truck awards. Honda’s Civic model won the car of the year honor in 2016.
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