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Growing Newport Firm Relocating to Downtown Cincinnati

A company based in Newport announced Monday that it is moving to downtown Cincinnati.

Divisions Maintenance Group, a provider of facility maintenance services to retail chains and distribution and fulfillment centers across the country, will relocate its headquarters from Riverfront Place in Newport to the Foundry in Cincinnati.

The Foundry is a development at the site of the former downtown Macy's store.

The company, abbreviated as DMG, said Monday that it had outgrown its space in Newport after years of steady growth and expansion.

“The Foundry gives us the opportunity to innovate, grow and continue to recruit top talent  to accommodate our growth," said DMG founder & CEO Gary Mitchell. 

The company thanked Ohio Governor Mile Dewine and Cincinnati Mayor John Cranley, as well as JobsOhio, which approved incentives for the move, and 3CDC, which is developing the Foundry.

DMG was founded in 1999 and surpassed $433 million in revenue this year, a 39% increase from last year, an announcement said.

According to the Business Courier, DMG has more than 600 employees and about 450 will be relocated to the Foundry. As part of the requirements for the tax credit, DMG agreed to maintain operations at the new space for at least 13 years, the Courier.

DMG is in the process of hiring dozens of new software and data engineers as well as account executives.

“We appreciate the collaboration between the Ohio Department of Development, JobsOhio and its partners to bring Divisions Maintenance Group’s new headquarters to  the Foundry in downtown Cincinnati,” said Ohio Governor Mike DeWine, in a news release.  

“The Foundry was renovated to attract rapidly-growing businesses like Divisions Maintenance Group, which will bring more than 250 good-paying jobs and further add to  the vibrancy of downtown Cincinnati."  

The Foundry is located across from Fountain Square at 5th and Vine streets. DMG will lease 83,000 square feet on the third and fourth floors and employees will have access to a new rooftop terrace.

The new headquarters relocation date is set for the fall of next year.

“It is my pleasure to welcome Divisions Maintenance Group and their 600 new employees  to our city’s renaissance,” said Cincinnati Mayor John Cranley. 

“Bringing Divisions to Fountain Square is truly transformative for our City’s living room. I  would like to especially thank CEO Gary Mitchell for his partnership and vision. He saw in  Cincinnati a city that is on the rise and a place where his company can thrive.”  

3CDC, the abbreviated name for the Cincinnati Center City Development Corp., is developing the Foundry after acquiring it in 2019. The project was approved for a job creation tax credit from the Ohio Department of Development, and the Foundry was renovated with assistance from JobsOhio’s Ohio Site Inventory program. JobsOhio plans to provide additional assistance, which will be made public after a final agreement is executed, the announcement said.  

“The addition of Divisions Maintenance Group to The Foundry development is a significant  step for the project, Cincinnati’s urban core and the city as a whole,” said Steve Leeper, president & CEO of 3CDC.  

“Divisions is a burgeoning company who will help fuel downtown’s overall growth. As  the center city continues to recover from the challenges of the past 18 months, the  introduction of another exceptional company as a tenant to this critical project shows the  urban core is continuing to move forward and is poised to be stronger than ever in the  future.”

Northern Kentucky Tri-County Economic Development Corp. (Tri-ED) said that it was pleased that Divisions would be staying in the region.

“We’re glad that the Cincinnati region will retain Divisions Maintenance Group,” said Northern Kentucky Tri-ED CEO Lee Crume. “We know that the company took the decision of where to expand seriously and explored several options – in the end this is a business decision. 2021 has been a successful year in Northern Kentucky with a diverse array of companies locating and expanding here and there is great momentum in new projects heading into the end of the year.”

-Staff report

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