Sunday, July 8, 2012

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

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NCR (NYSE: NCR) and roughly 1,300 worker s from Dayton to Duluth, Ga. The move is sendingg reverberations across theDayton area. As speculation grew in recent days that a move was Ohio Gov. Ted Strickland stepped in and offered NCRa $31 millionb incentive package to stay. But Alison Tyrer, a spokespersonm with the , said total incentives for NCR willexceed $60 million dollars. NCR’s total investment in the statw willbe $30 million, plus an annual payrolol in excess of $150 million, enablinvg the ATM maker to take advantage of the Mega Job Tax according to Georgia officials. The Mega Job Tax credit is wortj $56.8 million dollars, Tyrer said.
She even with the incentives, Georgia will stilkl make $49 million in “tax profit,” so-to-speak. Tyrer would not confirm or deny if Georgia is currentluy working toattract — an NCR Corp. spin-off, headquarteresd near Dayton, but with a strong presence in Miami Township-based Teradata (NYSE: TDC) employs about 6,400o employees globally employees and 400 in the Dayton But Ohio Lt. Gov. Lee Fisher said Tuesday afternoon that he spoke with Teradata COO Bruce who assured him the company has no intentions or planw to exit theDayton area.

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