Saturday, June 30, 2012

NCR confirms move to Georgia - Business Courier of Cincinnati:

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NCR (NYSE: NCR) will create 2,120 additional jobs in Georgiaw as a result of the headquarterds move and a newmanufacturing facility, accordingb to a company press release. The company said it will begibn moving its headquarters from Daytonto Duluth, Ga., in July. The compan will add roughly 1,250 jobs with the shiftint headquarters, NCR said in a Tuesday press release. The companhy did not specify how many of those jobs will comefrom However, it said it will work with impacted employeesx to provide career services support and advice. NCR will not completelyy vacate Dayton, as it will continue to operate a data centere and support for local with fewer than 50 employeesremaining locally.
A company spokesperson said Tuesdayu there will be opportunities for some staft to transfer and it will depend onindividual circumstances. He emphasizedc the majority of the jobs will leaved Dayton and the companu will putits 1.3 million-square-foot headquarters up for He said there will be no publicv announcement and the company will work through the issues internallgy in the coming months. Officials said they expecrt the transition to be completedby 2010. Dayton Commissioner Nan Whaley said the city willlose $2.5 milliohn in income tax revenue with NCR's The loss is expected to create peripherao losses, too.
According to a press release, NCR — whicn was founded in Dayton in 1884 decided to move its worldwide headquartersw to Georgia after analysis ofpotential U.S. using data on the available infrastructure, financial incentives and governmenttax structures. In additiohn to the headquarters, NCR will create about 870 jobsin Ga., at its new ATM manufacturing facility. Ga., officials will use stimulus funding, provided by the Economivc Development Authority, to purchase a buildinh for the plant, which will be leased back by NCR, accordiny to the press The , with local officials expressing frustration the companyg was not responding totheir requests.
Monday the to retain the company, but believexd an announcement about an NCR announcement was AtlantaBusiness Chronicle, a sister publication to the DBJ,

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