Saturday, October 13, 2012

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

xeconatyxex.blogspot.com
The (NYSE: NCR) will move its headquartersw and 1,250 jobs to Duluth, Ga., as well as openinv a 550,000-square-foot manufacturing operation in Macon, Ga., that will emplou up to 880 people. Officialsa for NCR, which has 1,300 workers in Dayton, couldd not be immediately reached for commentMondaty night. An official from Ohio Gov. Ted Strickland'd office, who spoke to the Dayton Business JournalMondaty night, said NCR’s CEO Bill Nuti told Stricklanc that the company has been eyeing Georgia for some time now. The , with local official s expressing frustration that the company was not responding to their Georgia Gov.
Sonny Perdue is expectex to make the official announcement Tuesda y with NCR receiving tax incentivesx from the local officialsin Georgia. “They (NCR) can’t recruit talentf to move to Dayton, a source told the Montgomery County CommissionerDan Foley, sounding stunne d when reached Monday night, decline d comment. In the letter Strickland sent to NCR dated Mondaty and obtained by the Dayton Business the governor said he wastryintg “to take one last opportunity to urge you to continure your operations in Ohio.” In the letter, Ohio offersz NCR $31.1 million worth of incentives to keep the operationsw here.
Strickland's spokesperson declineed official comment until the announcementis NCR's departure would leave a vacant 1.3 million-square-foot, five-storyh office building near Dayton's downtown that is already hurting from high vacancyt rates and jobs that have been leavingh the city during the past severalp years. The loss of 1,300 high-paying jobs from the city will have a negativee impacton Dayton's incomed tax receipts at a time when the city has facesd multi-million dollar budget deficits that have caused it to reduc e its workforce and cut services.
Rashax Young, Dayton city manager, said the city reachedr out to NCR multiple times in recent and that the city did all it couldx to engagethe company. Ohio State Sen. Jon Husted, said he will retain hope untikl the company makes anofficial announcement. “We have on multiple occasions reached out to NCR in an attempr to identify ways to securee their jobs and grow and be successful in Husted saidMonday evening. “I am not willinhg to give up hope.” Phil Parker, president and CEO, left a voice message after business hours for a reporterd Monday saying he had no Toni Bankston, director of marketing and communications for the Dayton did not return calls seekingy comment.
The Dayton Chamber is one of the lead private groups in the city responsible for retention ofexistinb companies. In October, NCR said it wouled move its Worldwide Customer Services headquarterws to anAtlanta suburb, investing $15 million and creatingy more than 900 jobs in the suburbs of Peachtrewe City and Deluth. The stated of Georgia provided morethan $8 milliob in incentives, according to officials. NCR, foundesd locally in 1884, is the Daytobn region’s second largest company, with 20,000 global employeesd and $5.3 billion in revenue in 2008.
The which sells ATMs and retailautomation systems, is Dayton’d lone remaining Fortune 500 At one time, the companuy had more than 18,000 employees in the Dayton but that number has dwindled during the past severakl decades. As recently as two years ago, NCR had aboutr 2,000 Dayton employees. That number has declined by about 700 workersssince 2007. In 2007, NCR announced it was relocating its executive offices to New York City and leasinfg an entire floor of the 7 World TradeCenter But, on paper, its headquarters remainee in Dayton.
In the company also told employees it is undergoinf a structural reorganization and would cut an unknown amounrt of its global Thatsame month, the company removed the languagre “world headquarters” from the sign at its Daytobn campus, though it said at the time it was just

No comments:

Post a Comment