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Diebold signs purchase agreement
NORTH CANTON, Ohio (1/13/12)--Diebold has signed a purchase agreement for a site for its new global headquarters campus.

Diebold is a CUNA Strategic Services provider.

The agreement includes 55 acres of land in Green, Ohio. Diebold also would hold the right of first refusal to an additional 36 acres of land surrounding the site. 

Finalization of the site is contingent upon several steps that will occur during the coming months, including environmental and land testing, site pre-planning, necessary approvals from the State of Ohio, council approval from the City of Green, and local school board approvals.

If the land passes environmental inspections and site due diligence activities and the project receives local, state, and federal government approvals, Diebold anticipates finalizing the site selection process during the second half of this year and breaking ground sometime in 2013.

Initial plans call for a 500,000 square-foot building, which is expected to be completed two to three years after breaking ground.
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