No sale
NCR Corporation, founded in 1884 in Dayton, Ohio, is relocating its headquarters to Duluth, Georgia, along with approximately 1250 jobs. In addition, NCR will build a new production facility in Columbus, Georgia, which will employ about 870.
NCR decided to create a single innovation hub for its worldwide headquarters in Georgia after extensive analysis of potential US locations, using independent data on the available workforce, infrastructure, financial incentives and government tax structures.
It didn’t hurt that NCR already had corporate presences in Duluth and in Peachtree City, and that some of its biggest customers — for instance, the Home Depot — were based in Georgia; but what swung the deal, apparently, was a $60 million package of benefits and incentives, approximately twice what Ohio was willing to spend to keep the company in Dayton [pdf].
[T]his thing affects everybody. Even the best regional performers will be fighting horrible brand headwinds as long as the region in which they are embedded continues to fail.
And in Dayton, Bill Pote reacts:
The question is — do we have the will to make Dayton emerge a different yet stronger city and region? Or will we simply become paralyzed by the enormous challenges we face as Dayton sinks further into irrelevance and becomes a far-away exurb to Cincinnati?
One Fortune 500 company remains in the Miami Valley: NewPage Corporation, a major producer of coated and specialty papers.
