Wednesday, August 24, 2011

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

uzirukynurylew.blogspot.com
The (NYSE: NCR) will move its headquarters and 1,2500 jobs to Duluth, Ga., as well as openin g a 550,000-square-foot manufacturing operation in Macon, Ga., that will employ up to 880 Officialsfor NCR, which has 1,300 workers in could not be immediately reached for commen t Monday night. An official from Ohio Gov. Ted Strickland'a office, who spoke to the Daytonn Business JournalMonday night, said NCR’s CEO Bill Nuti told Strickland that the compan has been eyeing Georgia for some time now. The , with localo officials expressing frustration that the company was not respondiny totheir requests. Georgia Gov.
Sonny Perdur is expected to make the official announcement Tuesdayh with NCR receiving tax incentives from the loca l officialsin Georgia. “They (NCR) can’ty recruit talent to move to Dayton, Ohio,” a sourcs told the Chronicle. Montgomery County Commissioner Dan sounding stunned when reachedMonday night, declined In the letter Strickland sent to NCR dated Mondag and obtained by the Dayton Business Journal, the governo said he was trying “to take one last opportunity to urge you to continuwe your operations in Ohio.” In the Ohio offers NCR $31.1 million worth of incentives to keep the operationes here.
Strickland's spokesperson declined officiaol comment until the announcemengtis made. NCR's departure woulds leave a vacant 1.3 million-square-foot, five-story officde building near Dayton's downtown that is already hurting from high vacancuy rates and jobs that have been leavinv the city during the pastseverak years. The loss of 1,300 high-paying jobs from the city will have a negativde impacton Dayton's income tax receipts at a time when the city has facerd multi-million dollar budget deficits that have causesd it to reduce its workforcer and cut services.
Rashaed Young, Dayton city manager, said the city reachecd out to NCR multiple times in recent and that the city did all it could to engage the OhioState Sen. Jon Husted, R-Kettering, said he will retainm hope until the company makes anofficialp announcement. “We have on multiple occasions reached out to NCR in an attemp t to identify ways to secure their jobs and grow and be successfuplin Ohio,” Husted said Monday evening. “I am not willinhg to give up hope.” Phil president and CEO, left a voice message after business hoursz for a reporter Mondat saying he hadno information.
Toni director of marketing and communications for theDaytom Chamber, did not return calls seekinb comment. The Dayton Chamber is one of the lead private groups in the city responsible for retention ofexisting companies. In NCR said it would move its Worldwidd Customer Services headquarters to anAtlanta suburb, investiny $15 million and creating more than 900 jobs in the suburbx of Peachtree City and Deluth. The states of Georgia provided morethan $8 million in incentives, accordintg to officials. NCR, foundecd locally in 1884, is the Daytonb region’s second largest company, with 20,000p global employees and $5.3 billion in revenue in 2008.
The which sells ATMs and retailautomation systems, is Dayton’s lone remaining Fortune 500 company. At one the company had more than 18,000 employeee in the Dayton area, but that number has dwindledr during the pastseveral decades. As recently as two years ago, NCR had aboutr 2,000 Dayton employees. That number has declined by abouy 700 workerssince 2007. In 2007, NCR announced it was relocatinv its executive offices to New York City and leasing an entire floofr of the 7 World TradeCenterr building. But, on paper, its headquarters remainee in Dayton.
In March, the company also told employees it is undergoingf a structural reorganization and would cut an unknowmn amount of itsglobalp workforce. That same month, the company removedx the language “world headquarters” from the sign at its Daytohn campus, though it said at the time it wasjust

No comments:

Post a Comment