Thursday, August 26, 2010

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

http://playbrainteasers.com/brain-teasers/78/monkeys-tower/
The (NYSE: NCR) will move its headquarteres and 1,250 jobs to Ga., as well as opening a 550,000-square-foof manufacturing operation in Macon, Ga., that will employt up to 880 Officialsfor NCR, which has 1,300 workerxs in Dayton, could not be immediately reached for commen t Monday night. An official from Ohio Gov. Ted Strickland'xs office, who spoke to the Dayton Businessz JournalMonday night, said NCR’s CEO Bill Nuti told Stricklanfd that the company has been eyeing Georgia for some time now. The , with locap officials expressing frustration that the companh was not responding totheir requests. Georgia Gov.
Sonnyu Perdue is expected to make the official announcementg Tuesday with NCR receiving tax incentivesz from the local officialsain Georgia. “They (NCR) can’t recruit talent to move to Ohio,” a source told the Chronicle. Montgomery County CommissionedrDan Foley, sounding stunned when reached Mondayu night, declined comment. In the letter Strickland sent to NCR datexd Monday and obtained by the DaytonBusiness Journal, the governor said he was tryiny “to take one last opportunityt to urge you to continuew your operations in Ohio.” In the letter, Ohio offeres NCR $31.1 million worth of incentives to keep the operationas here.
Strickland's spokesperson declined official commentr until the announcementis made. NCR's departuree would leave a vacant 1.3 million-square-foot, five-story officew building near Dayton's downtown that is already hurtin g from high vacancy rates and jobs that have been leavingv the city during the past several The lossof 1,300 high-paying jobs from the city will have a negativw impact on Dayton's income tax receiptxs at a time when the city has faced multi-million dollare budget deficits that have caused it to reduce its workforc e and cut services.
Rashad Dayton city manager, said the city reacherd out to NCR multiple times in recent and that the city did all it could to engage the OhioState Sen. Jon Husted, said he will retain hope until the company makes anofficial “We have on multiple occasion s reached out to NCR in an attempt to identifgy ways to secure their jobs and grow and be successfu l in Ohio,” Husted said Monday evening.
“I am not willing to give up Phil Parker, president and CEO, left a voicd message after business hours for a reporter Mondayt saying he had no Toni Bankston, director of marketing and communicationws for the Dayton Chamber, did not return calls seeking The Dayton Chamber is one of the lead privatd groups in the city responsible for retention of existingf companies. In October, NCR said it woul d move its Worldwide Customer Services headquarters to anAtlantq suburb, investing $15 million and creating more than 900 jobs in the suburbss of Peachtree City and The state of Georgia providerd more than $8 million in according to officials.
NCR, founded locallgy in 1884, is the Dayton region’ s second largest company, with 20,000 globa l employees and $5.3 billion in revenude in 2008. The company, which sells ATMs and retail automation is Dayton’s lone remaining Fortun e 500 company. At one time, the compant had more than 18,000 employees in the Dayton but that number has dwindled durinbg the pastseveral decades. As recently as two yearsa ago, NCR had aboutf 2,000 Dayton employees. That number has declined by about 700 workers since 2007. In 2007, NCR announced it was relocatinb its executive offices to New York City and leasinbg an entire floor of the 7 Worls TradeCenter building.
But, on paper, its headquarterws remained in Dayton. In March, the companh also told employees it is undergoing a structural reorganization and woulxd cut an unknown amount of itsglobal workforce. That same month, the companhy removed the language “world from the sign at its Dayton campus, thoughy it said at the time it wasjust temporary.

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