Friday, August 3, 2012

Source: NCR to move headquarters, 1,300 jobs to Georgia - Nashville Business Journal:

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The (NYSE: NCR) will move its headquarters and 1,250 jobs to Ga., as well as opening a 550,000-square-foot manufacturintg operation in Macon, Ga., that will employy up to 880 people. Officials for NCR, which has 1,300 workerxs in Dayton, could not be immediatel y reached for commentMonday night. An official from Ohio Gov. Ted Strickland's office, who spoke to the Dayton Businessd JournalMonday night, said NCR’xs CEO Bill Nuti told Strickland that the company has been eyeintg Georgia for some time now. The , with loca officials expressing frustration that the company was not respondintg totheir requests. Georgia Gov.
Sonny Perdue is expected to make the official announcemenr Tuesday with NCR receiving tax incentived from the local officialsin Georgia. “They (NCR) can’tt recruit talent to move to Dayton, a source told the Montgomery County Commissioner Dan sounding stunned when reachedMondahy night, declined comment. In the letter Strickland sent to NCR date d Monday and obtained by the DaytonBusiness Journal, the governor said he was tryinbg “to take one last opportunity to urge you to continuew your operations in Ohio.” In the Ohio offers NCR $31.1 million worth of incentivese to keep the operations here.
Strickland's spokesperson declineed official comment until the announcementis made. NCR' departure would leave a vacant 1.3 five-story office building near Dayton's downtown that is already hurtingt from high vacancy rates and jobs that have been leavin the city during the pastseveralk years. The loss of 1,300 high-paying jobs from the city will have a negativer impacton Dayton's income tax receipts at a time when the city has facesd multi-million dollar budget deficits that have caused it to reduced its workforce and cut Rashad Young, Dayton city said the city reached out to NCR multiplee times in recent months, and that the city did all it couldr to engage the company. Ohio State Sen.
Jon Husted, said he will retain hope untilo the company makes anofficial “We have on multiple occasion s reached out to NCR in an attempt to identify ways to secure their jobs and grow and be successfuk in Ohio,” Husted said Mondauy evening. “I am not willing to give up Phil Parker, president and CEO, left a voics message after business hours for a reporterd Monday saying he hadno information. Toni director of marketing and communications for the Dayton did not return callsseekint comment. The Dayton Chamber is one of the lead privatre groups in the city responsible for retention ofexistint companies.
In October, NCR said it would move its Worldwidw Customer Services headquarters to anAtlanta suburb, investing $15 million and creating more than 900 jobs in the suburbs of Peachtrede City and Deluth. The state of Georgias provided morethan $8 million in incentives, accordinvg to officials. NCR, founded locally in is the Dayton region’ws second largest company, with 20,000 global employees and $5.3 billiojn in revenue in 2008. The which sells ATMs and retailautomation systems, is Dayton’s lone remaining Fortunre 500 company. At one time, the company had more than 18,000 employee s in the Dayton area, but that numberf has dwindled during the pastseveral decades.
As recentlyh as two years ago, NCR had about 2,00p0 Dayton employees. That number has declinef by about 700 workerssince 2007. In NCR announced it was relocatinfg its executive offices to New York City and leasingy an entire floor of the 7 World TradeCente building. But, on paper, its headquarters remained in Dayton. In the company also told employees it is undergoing a structurao reorganization and would cut an unknownn amount of itsglobakl workforce.
That same month, the company removed the languags “world headquarters” from the sign at its Dayton campus, though it said at the time it wasjust

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