DENTSPLY To Move Corporate Headquarters.Business Editors YORK, Pa.--(BUSINESS WIRE)--Feb. 3, 2003 DENTSPLY International (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :XRAY) today announced it will relocate its Corporate Headquarters from the current 570 West College Avenue location to the Susquehanna Commerce Center in downtown York, PA. The Company has purchased the Fifth and Sixth Floors of the West Building, located at 221 West Philadelphia Street, and secured approximately 45,000 square feet of new office space. The office design and construction phase will begin within the next 30 days and the move is expected to be completed in the third quarter of this year. The purchase price and completion costs are expected to be approximately $5.5 million. The current Headquarters building at 570 West College Avenue will be retained for continued use and further growth of its York-based business operating units as well as the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Group Marketing, Information Technology and the Shared Services shared services, n.pl the administrative, clinical, or other service functions that are common to two or more hospitals or their health care facilities and used jointly or cooperatively by them. Groups. In making the announcement, Mr. Gary K. Kunkle, Jr., DENTSPLY President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , said, "The Company's growth over the past five years has been extraordinary. Sales have more than doubled during this time frame, exceeding $1.5 billion for 2002. This has resulted from both internal growth led by new product introductions and market share gains as well as external growth fueled by 21 acquisitions. "The rapid expansion of our business has meant increased employment levels in nearly all corporate areas, including finance, human resources, information technology, legal, and regulatory affairs. Office space is at a premium at our present location and it offers no room for further growth. "DENTSPLY remains committed to the City of York City of York may refer to:
The Susquehanna Commerce Center lies in the northwest corridor of the downtown business district in York and is the largest and most ambitious commercial development project in the city. It is a project of Susquehanna Real Estate, an entity of the Susquehanna Pfaltzgraff Company. DENTSPLY designs, develops, manufactures and markets a broad range of products for the dental market. The Company believes that it is the world's leading manufacturer and distributor of dental prosthetics, precious metal dental alloys, dental ceramics, endodontic Endodontic Pertaining to the inside structures of the tooth, including the dental pulp and tooth root, and the periapical tissue surrounding the root. Mentioned in: Root Canal Treatment endodontic instruments and materials, prophylaxis prophylaxis (prō'fĭlăk`sĭs), measures designed to prevent the occurrence of disease or its dissemination. Some examples of prophylaxis are immunization against serious diseases such as smallpox or diphtheria; quarantine to confine paste, dental sealants, ultrasonic scalers, dental injectible anesthetics Anesthetics Drugs or methodologies used to make a body area free of sensation or pain. Mentioned in: Appendectomy and crown and bridge materials; the leading United States manufacturer and distributor of dental x-ray equipment, dental handpieces, intraoral cameras, dental x-ray film holders, film mounts and bone substitute/grafting materials; and a leading worldwide manufacturer or distributor of impression materials, orthodontic orthodontic (ôr´th adj appliances, dental cutting instruments and dental implants. The Company distributes its dental products in over 120 countries under some of the most well established brand names in the industry. DENTSPLY is committed to the development of innovative, high quality, cost-effective new products for the dental market. |
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