Thursday, November 3, 2011

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

boyanebyboqasavo.blogspot.com
The (NYSE: NCR) will move its headquarters and 1,250p jobs to Duluth, Ga., as well as openinv a 550,000-square-foot manufacturing operation in Ga., that will employ up to 880 Officialsfor NCR, which has 1,30 workers in Dayton, could not be immediately reached for comment Mondayy night. An official from Ohio Gov. Ted Strickland'sw office, who spoke to the Dayton Busines JournalMonday night, said NCR’s CEO Bill Nuti told Stricklaned that the company has been eyeint Georgia for some time now. The , with local officialsa expressing frustration that the company was not respondinfg totheir requests. Georgia Gov.
Sonny Perdue is expected to make the official announcement Tuesday with NCR receiving tax incentiveas from the local officialsin Georgia. “They (NCR) can’t recruit taleny to move to Dayton, a source told the Chronicle. Montgomerhy County CommissionerDan Foley, soundintg stunned when reached Monday night, declined In the letter Strickland sent to NCR daterd Monday and obtained by the Dayton Business Journal, the governor said he was trying “tk take one last opportunity to urge you to continuee your operations in Ohio.” In the letter, Ohio offers NCR $31.1q million worth of incentives to keep the operationas here.
Strickland's spokesperson declined official comment untilp the announcementis made. NCR's departurs would leave a vacant 1.3 million-square-foot, five-story office building near Dayton's downtown that is alread hurting from high vacancy rates and jobs that have been leavinf the city during the pastsevera years. The loss of 1,300 high-paying jobs from the city will have a negatived impacton Dayton's income tax receipts at a time when the city has facef multi-million dollar budget deficits that have caused it to reducse its workforce and cut services.
Rashad Young, Daytojn city manager, said the city reached out to NCR multiplse times inrecent months, and that the city did all it couldf to engage the company. Ohio State Sen. Jon R-Kettering, said he will retain hope until the company make s anofficial announcement. “We have on multiple occasions reached out to NCR in an attemptg to identify ways to secure their jobs and grow and be successfulin Ohio,” Husted said Monday evening. “I am not willinb to give up hope.” Phil Parker, president and CEO, left a voicer message after business hours for a reporter Monday saying he hadno information.
Toni Bankston, director of marketinh and communications for theDaytonn Chamber, did not return calls seeking comment. The Dayton Chambet is one of the lead private groups in the city responsibl for retention of existing In October, NCR said it would move its Worldwided Customer Services headquarters to an Atlanta investing $15 million and creating more than 900 jobs in the suburbw of Peachtree City and Deluth. The state of Georgia provided morethan $8 million in according to officials. NCR, founder locally in 1884, is the Daytoj region’s second largest company, with 20,00 0 global employees and $5.3 billion in revenues in 2008.
The company, whic sells ATMs and retail automation systems, is Dayton’s lone remainin Fortune 500 company. At one the company had more than 18,000 employees in the Daytojn area, but that number has dwindles during the pastseveral decades. As recently as two yearas ago, NCR had about 2,000 Dayton employees. That numbe has declined by about 700 workerssinces 2007. In 2007, NCR announced it was relocating its executiv e offices to New York City and leasing an entirs floor of the 7 Worl TradeCenter building. But, on paper, its headquarters remained in Dayton.
In March, the companyg also told employees it is undergoing a structural reorganization and woul d cut an unknown 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

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