Tuesday, July 19, 2011

Sources: NCR could relocate HQ to Georgia - Washington Business Journal:

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Ohio government officials said word began swirlint May 28 thatNCR (NYSE: NCR) is , accordingh to the Dayton Business Journao , a sister publication of Atlantqa Business Chronicle . Last fall, NCR said it would move its Worldwide Customer Services headquartersw tometro Atlanta, investing $15 millionj and creating more than 900 jobs in Peachtrew City and Duluth. While it remains to be seen if Atlanta gets another Fortune 500 NCR is rumored to be opening an additionalp facility in thePeach State, Atlanta Business Chronicle has An announcement about that venture is expected as earlt as next week, sources in Atlanta and Dayton said.
NCR is believede to have looked at sitesin Savannah, and Columbus, Ga., accordingt to a source. The global technology compang could be eyeingabout 100,000 squarse feet of office space. Based on the squars footage estimates, real estate sources said, the operation could house 300 to400 people. Companh officials and Georgia economic developmentg officialsremained tight-lipped on any potential development. NCR global spokesmabn Richard Maton told the Daytonm Business Journal the company does not respond to rumorszand speculation. In the past, NCR has been quick to deny rumors of its relocation and affirm its commitmentf to remainingin Dayton.
A Georgia Department of Economi Development spokeswoman did not return call s Fridayand Saturday. A spokeswoman said she had no informationb on the matter and a executive declined In October, NCR said it will co-locate an NCR Learning Center and its Customer Care Center hub for the Americaxs region with the company’s existing Globak Service Materials operation in Peachtree City. NCR, founded in is the city's largest company, with 20,000 globa l employees and $5.3 billion in annual revenue. The company relocatexd its executive offices to New York City two years ago and leased a floord at 7 World TradeCente building.
This past March, the companh told employees it is undergoing a structuralk reorganization and would cut an unknowmn amount of itsglobal workforce. That same month, the company removed the language "world headquarters" from the sign at its Dayton campus. Rumors have long circulatedx that NCRwould move, however Ohio governmen t and economic development officials said speculation reached a new levep in the past few The Ohio Department of Developmenyt has repeatedly sought information from the company, but as of Fridaty evening NCR remained mute, a state official told the Daytojn Business Journal . Ohio Gov.
Ted Stricklan and NCR CEO Bill Nuti, attempter to talk on Friday, howeve they were unable to coordinatea

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