In a move to keep Evenflo’s corporate headquarters in the city, Miamisburg City Council approved a $400,000 loan the company had requested, the Dayton Daily News reports. Evenflo employs approximately 120 people, and its annual payroll “of between $11.5 million and $12 million,” generates “more than $260,000 a year in income tax revenue,” according to the article. Evenflo’s headquarters have been in Miamisburg since 2008; if the company stays in Miamisburg, it may add another 20 jobs in the next three years. Goodbaby International Holdings Ltd. acquired Evenflo in June 2014; since then, Evenflo has explored relocation options including Boston, where Goodbaby already has offices, and other locations in the Dayton area. A statement Evenflo released said, “Evenflo has flourished in Miamisburg for more than seven years now and we remain committed to the Dayton area. . . . we are hopeful that our relationship with the area will continue into the foreseeable future.” For more, read the full article.
Miamisburg approves package for Evenflo to stay
