The Middleton Common Council last week unanimously approved the use of up to $400,000 in Tax Increment Financing (TIF) to help fund the expansion of Natus Neurology.
Natus Neurology maintains its North American corporate headquarters in the Good Neighbor City. The company provides healthcare products used for the screening, detection, treatment, monitoring and tracking of common medical ailments in newborn care.
Products are sold worldwide with distributers in more than 100 countries.
The company recently decided to expand its headquarters and wants to maintain its Middleton location. The expansion will ramp up its customer training, supplier/contractor and corporate business meetings.
This is expected to have a substantial positive impact on the local economy, increasing commerce at hotels, restaurants, and in entertainment and shopping. Natus also pledges to the city it will maintain 174 full time positions after the project is complete.