NEW YORK (CNNMoney.com) -- Local politicians were fuming after NCR Corp., Dayton, Ohio's only Fortune 500 company, decided to relocate south taking with it 1,200 badly needed jobs to Georgia.
NCR, which makes ATMs, cash registers and retail self-checkout machines, announced plans Tuesday to move its headquarters to Georgia and create a new manufacturing facility there, leaving a community where it had operated for over 100 years.
Ohio had offered NCR a package of incentives worth about $31 million dollars, Fisher said. He added that Ohio "could have matched or exceeded" the $60 million Georgia put up, if the company had been more willing to communicate.
"This was simply a unilateral decision by senior executives," he said, calling the NCR's disregard for the community in Dayton a "shameless irresponsibility."
For its part, NCR said that the decision was based on a broad range of criteria which included "available workforce, infrastructure, incentives given, the government tax structure and benefits to NCR employees, future employees and stakeholders."
A boon for Georgia: The move, which begins in July, is expected to create 2,000 additional jobs in Georgia, including about 1,250 jobs in Duluth, Ga., where the company already has a substantial presence.
NCR said it will begin recruiting immediately to fill roughly 870 jobs at a new facility in Columbus, Ga., where it will manufacture "advanced ATMs." Some employees will remain in Dayton, but the company's former headquarters will be sold.
The company said it chose Georgia after an "extensive analysis" of potential locations based on the nature of the local workforce, infrastructure, financial incentives and government tax structures.
NCR will invest $30 million in the project, and the annual payroll for the new jobs is expected to top $150 million, according to a statement from the office of Georgia's Gov. Sonny Perdue. This level of investment qualified NCR for about $60 million in tax incentives under the state's newly implemented Mega Job Tax Credit.
The region is home to an international airport, cutting-edge research universities, a diverse and educated workforce as well as an excellent quality of life, Williams said.
Duluth is about 5 miles from my house.
ReplyDelete"a diverse and educated workforce..." hahaha
ReplyDeleteNo offense man, but I wouldn't exactly think of Atlanta as a Boston, Seattle, or even Rochester type of tech work force.
Atlanta has a diverse and educated workforce for producing rap music and urban clothing lines hahaha
It is another case of companies going to more business friendly areas though.
Well seeing as how people keep leaving Rochester (and Dayton)for Atlanta I guess we import everyones smart people.
ReplyDeleteWe even have wicked smhart people from Baaahston.
Vegas has a valuable and educated workforce. The Hotel Room Cleaning and Drink Serving program at UNLV is one of the top programs in the country.
ReplyDelete