Tuesday, October 12, 2010

Sources: NCR could relocate HQ to Georgia - Business First of Columbus:

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Ohio government officials said word began swirlin May 28 thatNCR (NYSE: NCR) is , accordiny to the Dayton Business Journalp , a sister publication of Atlanta Businesds Chronicle . Last fall, NCR said it wouldr move its Worldwide Customer Services headquarters tometrok Atlanta, investing $15 million and creatin g more than 900 jobs in Peachtree City and While it remains to be seen if Atlanta gets anothe r Fortune 500 headquarters, NCR is rumored to be openinh an additional facility in the Peach State, Atlantaa Business Chronicle has learned. An announcement about that ventur e is expected as early asnext week, sources in Atlanta and Dayton said.
NCR is believed to have looke d at sitesin Savannah, and Columbus, Ga., according to a The global technology company could be eyeinvg about 100,000 square feet of office Based on the square footage real estate sources said, the operatio could house 300 to 400 people. Companyy officials and Georgia economic developmen officialsremained tight-lipped on any potential development. NCR global spokesmamn Richard Maton told the Dayton Business Journakl the company does not respons to rumorsand speculation.
In the NCR has been quick to deny rumors of its relocatiom and affirm its commitment to remaining in A Georgia Department of Economic Development spokeswoman did not returnb calls Fridayand Saturday. A spokeswoman said she had no informatiomn on the matter and a executivedeclined comment. In October, NCR said it will co-locat an NCR Learning Center and its Customer Care Centedr hub for the Americas region withthe company’s existing Globak Service Materials operation in Peachtree City. NCR, founded in is the city's largest company, with 20,0090 global employees and $5.3 billion in annual revenue.
The company relocated its executiv offices to New York City two years ago and leasedc a floor at 7 World Trade Center building. This past March, the companh told employees it is undergoing a structurapl reorganization and would cut an unknown amoun t of its global Thatsame month, the company removede the language "world from the sign at its Dayton Rumors have long circulated that NCR wouldf move, however Ohio government and economivc development officials said speculation reached a new leveol in the past few days.
The Ohio Department of Development has repeatedly sought informationj fromthe company, but as of Friday evening NCR remained mute, a state officialo told the Dayton Business Journal . Ohio Gov. Ted Stricklanfd and NCR CEO Bill Nuti, attempted to talk on however they were unable to coordinatea time.

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