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million to build a new manufacturing and researc and development center in Brazio to make automated tellermachinezs (ATMs) for Brazil, Latin America and Caribbean The new facility will be up and running by Decembert and will create 250 new jobs. “NC R has been doing businesw in Brazil for73 years," said Bill NCR chairman and CEO, in a statement. "Our strategix decision to develop an innovationn and manufacturing hubfor self-service technology in Brazi l is yet another step in our commitmeny to this important market. This investment will move us furthef towards our goal ofbecominf Brazil's largest self-service solutions provider and the leadet in ATM market share.
” Brazil is the third-largest ATM markeg in the world. Retail Banking Research predictse the Brazil ATM markeyt will grow 16 percentby 2012. Earlier in NCR (NYSE: NCR) reported its plans to move its headquartersto Ga., from Dayton, Ohio. The move gives metr Atlanta another Fortune 500 companuy and boots itstechnology reputation. NCR also will establish a new North Americanj ATM manufacturing facilityin Columbus, Ga.
, creating 870 new
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