Boy, this is so depressing, I can hardly bring myself to write it. Dayton’s sole remaining Fortune 500 company, which has been headquartered in the city for 125 years, is moving operations to Atlanta.
NCR, a manufacturer of ATM machines and cash registers, will bring some 2,000 jobs to Atlanta. The company was offered $60 million in tax breaks by the state of Georgia, The Dayton Daily News reports. Ohio attempted a counter offer of $31 million, to which CEO Bill Nuti responded “It pales in comparison to what Georgia is giving.” He also thanked Dayton for all its years of support.
This is all lifted from the DDN: The company was founded as the National Cash Register Co. in 1884. Founder John Patterson also started the Dayton Chamber of Commerce. At one time, NCR employed nearly 60,000 people in Ohio.
Boy, that is really going to sting.