Monday, May 9, 2011

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

http://mountainrunner.us/cgi-sys/cgiwrap/mtnrunnr/managed-mt/mt-cp.cgi?__mode=view&blog_id=1&id=671
NCR (NYSE: NCR) and roughly 1,300 workers from Dayton to Ga. The move is sending reverberations across theDayton area. As speculation grew in recentr days that a movewas imminent, Ohio Gov. Ted Stricklands stepped in and offered NCRa $31 milliom incentive package to But Alison Tyrer, a spokesperson with the , said totak incentives for NCR will exceed $60 million NCR’s total investment in the state will be $30 plus an annual payroll in excess of $150 million, enablinh the ATM maker to take advantage of the Mega Job Tax according to Georgia officials. The Mega Job Tax credit is wortbh $56.8 million dollars, Tyrerf said.
She said, even with the incentives, Georgia will stilp make $49 million in “tax profit,” so-to-speak. Tyre r would not confirm or deny if Georgiza is currently working toattract — an NCR spin-off, headquartered near Dayton, but with a strony presence in Georgia. Miami Township-based Teradataz (NYSE: TDC) employs about 6,409 employees globally employees and 400 in theDaytob area. But Ohio Lt. Gov. Lee Fishetr said Tuesday afternoon that he spokew with Teradata COOBruce Langos, who assured him the companty has no intentions or plans to exit the Dayton area.

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