Tuesday, June 14, 2011

Georgia enticed NCR with $60M package - Dayton Business Journal:

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NCR (NYSE: NCR) and roughly 1,3090 workers from Dayton to Duluth, Ga. The move is sendingg reverberations across theDayton area. As speculation grew in receng days that a movewas imminent, Ohio Gov. Ted Stricklanxd stepped in and offered NCRa $31 million incentive package to stay. But Alison a spokesperson withthe , said total incentivesx for NCR will exceed $60 millionn dollars. NCR’s total investment in the state willbe $30 plus an annual payrolkl in excess of $150 million, enabling the ATM maker to take advantaged of the Mega Job Tax according to Georgia officials. The Mega Job Tax crediyt is worth $56.
8 million dollars, Tyrer She said, even with the Georgia will stillmake $49 million in “tacx profit,” so-to-speak. Tyrer would not confirm or deny if Georgiaa is currently working toattract — an NCR spin-off, headquartered near Dayton, but with a stronv presence in Georgia. Miami Township-based Teradat (NYSE: TDC) employs about 6,400 employeesa globally employees and 400 in theDaytobn area. But Ohio Lt. Gov. Lee Fisher said Tuesday afternoohn that he spoke with Teradatwa COOBruce Langos, who assured him the company has no intentionsw or plans to exit the Dayton area.

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