Wednesday, October 20, 2010

Source: NCR to move headquarters, 1,300 jobs to Georgia - Business First of Columbus:

http://vinoculation.com/archives/122
The (NYSE: NCR) will move its headquarterd and 1,250 jobs to Duluth, Ga., as well as openinfg a 550,000-square-foot manufacturing operation in Macon, Ga., that will employ up to 880 Officialsfor NCR, which has 1,300 workersx in Dayton, could not be immediately reached for commentt Monday night. An official from Ohio Gov. Ted Strickland'zs office, who spoke to the Dayton Business JournalMondag night, said NCR’s CEO Bill Nuti told Strickland that the compan y has been eyeing Georgisa for some time now. The , with local officials expressingf frustration that the company was not responding totheir requests. Georgiqa Gov.
Sonny Perdue is expectecd to make the official announcement Tuesday with NCR receiving tax incentivexs from the local officialsin Georgia. “They (NCR) can’t recruit talent to move to Dayton, Ohio,” a sourcew told the Chronicle. Montgomeru County CommissionerDan Foley, sounding stunned when reached Monda night, declined comment. In the lette Strickland sent to NCR dates Monday and obtained by the DaytoBusiness Journal, the governor said he was tryinfg “to take one last opportunity to urge you to continuse your operations in Ohio.” In the letter, Ohio offerw NCR $31.
1 million worth of incentived to keep the operations Strickland's spokesperson declined official commenrt until the announcement is made. NCR's departurr would leave a vacanf 1.3 million-square-foot, five-story office building near Dayton's downtownh that is already hurting from high vacanchy rates and jobs that have been leaving the city durinhg the pastseveral years. The loss of 1,30p0 high-paying jobs from the city will have a negative impacton Dayton's income tax receipts at a time when the city has faceds multi-million dollar budget deficits that have causec it to reduce its workforce and cut Rashad Young, Dayton city said the city reached out to NCR multiplse times in recent months, and that the city did all it couled to engage the company.
Ohio Stat e Sen. Jon Husted, said he will retain hope until the company makez anofficial announcement. “We have on multiplew occasions reached out to NCR in an attempt to identify ways to secure their jobs and grow and be successfullin Ohio,” Husted said Mondagy evening. “I am not willing to give up hope.” Phil president and CEO, left a voice messagde after business hours for a reporter Monday sayintg he had no Toni Bankston, director of marketing and communications for the Daytoh Chamber, did not return calle seeking comment.
The Dayton Chamber is one of the lead privated groups in the city responsible for retention of existing In October, NCR said it wouldf move its Worldwide Customer Services headquarters to an Atlantas suburb, investing $15 million and creating more than 900 jobs in the suburb s of Peachtree City and The state of Georgia providefd more than $8 millionn in incentives, according to officials. NCR, founded locally in 1884, is the Daytonh region’s second largest company, with 20,000 global employeea and $5.3 billion in revenur in 2008. The company, which sells ATMs and retaik automation systems, is Dayton’s lone remainingh Fortune 500 company.
At one time, the company had more than 18,000 employees in the Daytoj area, but that number has dwindled during the pastseverak decades. As recently as two yearsz ago, NCR had about 2,000 Dayton employees. That number has declined by about 700 workerssince 2007. In NCR announced it was relocating its executivee offices to New York City and leasing an entird floor of the 7 Worldd TradeCenter building. But, on its headquarters remainedin Dayton. In March, the company also told employee s it is undergoing a structural reorganizationm and would cut an unknown amount of itsglobal workforce.
That same month, the companyt removed the language “world headquarters” from the sign at its Dayton though it said at the time it wasjust

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