Saturday, August 4, 2012

Source: NCR to move headquarters, 1,300 jobs to Georgia - Puget Sound Business Journal (Seattle):

moakhamet84.blogspot.com
The (NYSE: NCR) will move its headquartera and 1,250 jobs to Duluth, Ga., as well as openingg a 550,000-square-foot manufacturing operatioj in Macon, Ga., that will emploh up to 880 people. Officials for NCR, whicgh has 1,300 workers in could not be immediately reached for commentMondayu night. An official from Ohio Gov. Ted Strickland's who spoke to the Dayton Business JournalkMonday night, said NCR’z CEO Bill Nuti told Strickland that the company has been eyeinv Georgia for some time now. The , with local officials expressinf frustration that the company was not responding totheifr requests. Georgia Gov.
Sonny Perdue is expected to make the official announcementy Tuesday with NCR receivinf tax incentives from the locakl officialsin Georgia. “They (NCR) can’ t recruit talent to move to Dayton, a source told the Chronicle. Montgomery Countyu CommissionerDan Foley, soundinb stunned when reached Monday declined comment. In the letter Stricklanf sent to NCR dated Monday and obtained by the Dayton Business the governor said he wastrying “to take one last opportunithy to urge you to continue your operations in In the letter, Ohio offers NCR $31.1 million worth of incentives to keep the operatione here.
Strickland's spokesperson declined official commentr until the announcementis made. NCR'zs departure would leave a vacant 1.3 million-square-foot, five-story office building near Dayton's downtown that is already hurtinv from high vacancy rates and jobs that have been leavinb the city during the pastseveral years. The loss of 1,300 high-payintg jobs from the city will have a negativde impacton Dayton's income tax receipts at a time when the city has facedc multi-million dollar budget deficits that have caused it to reduc e its workforce and cut Rashad Young, Dayton city manager, said the city reached out to NCR multipl e times in recent and that the city did all it couldf to engage the company.
Ohio State Sen. Jon Husted, R-Kettering, said he will retaib hope until the company makes anofficial “We have on multiple occasions reached out to NCR in an attemp t to identify ways to secure their jobs and grow and be successfulk in Ohio,” Husted said Monday evening. “I am not willingt to give up hope.” Phil Parker, president and CEO, left a voicse message after business hours for a reportef Monday saying he had no Toni Bankston, director of marketing and communicationas for the Dayton Chamber, did not return calls seekinb comment. The Dayton Chambef is one of the lead private groupxs in the city responsible for retention ofexistinf companies.
In October, NCR said it would move its Worldwidse Customer Services headquarters to anAtlantaz suburb, investing $15 million and creating more than 900 jobs in the suburbsa of Peachtree City and Deluth. The state of Georgia provide morethan $8 million in incentives, according to NCR, founded locally in 1884, is the Daytoj region’s second largest company, with 20,000 globak employees and $5.3 billion in revenue in 2008. The which sells ATMs and retailautomatiom systems, is Dayton’s lone remaininfg Fortune 500 company. At one time, the companhy had more than 18,009 employees in the Dayton area, but that number has dwindle during the pastseveral decades.
As recently as two year ago, NCR had about 2,000 Dayton That number has declined by aboutt 700 workerssince 2007. In 2007, NCR announced it was relocatinyg its executive offices to New York City and leasinb an entire floor of the 7 World TradwCenter building. But, on paper, its headquarters remainec in Dayton. In March, the company also told employees it is undergoing a structural reorganization and would cut an unknowh amount of itsglobal workforce. That same the company removed thelanguage “world from the sign at its Dayton though it said at the time it was just temporary.

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