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CEO's memo: ‘NCR needs to align itself for future growth’

NCR NCR CEO Bill Nuti

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The University of Dayton will move its University of Dayton Research Institute to the 455,127-square-foot, five-story NCR building on Patterson Boulevard in Dayton. NCR, founded in Dayton in the 19th century, moved its headquarters to Georgia.

Staff photo by Ty Greenlees The University of Dayton will move its University of Dayton Research Institute to the 455,127-square-foot, five-story NCR building on Patterson Boulevard in Dayton. NCR, founded in Dayton in the 19th century, moved its headquarters to Georgia.

By Thomas Gnau, Staff Writer Updated 11:42 AM Tuesday, June 2, 2009

DAYTON — In an internal memo sent to employees, NCR Corp. CEO Bill Nuti said “a great deal of gratitude” is owed the city of Dayton for “the past 125 years.”

But Nuti also wrote: “As we look forward, NCR needs to align itself for future growth and drive the lowest cost structure in our industry.”

The memo seeks to explain the decision to pull NCR from Dayton to create nearly 2,000 jobs in Georgia, a move that Nuti predicted will “drive tens of millions of dollars in cost savings for NCR over the next ten years.”

The move means of the loss of some 1,300 local jobs and Dayton’s sole Fortune 500 corporate headquarters.

In the memo, sent to employees early June 2, Nuti wrote that the company will have its “worldwide global self-service headquarters” in Duluth Ga. and a “state-of-the-art” manufacturing site in Columbus, Ga. for NCR’s next-generation SelfServ ATMs.

Wrote Nuti, “The decision to consolidate functions in Georgia and build a corporate headquarters campus focused on innovation is in line with our business strategy to drive growth, improve our innovation output, increase productivity and continually upgrade our focus on the customer. In addition, we will decrease time-to-market for innovative solutions, improve our internal collaboration, deliver next generation employee education programs and lower our current operating costs.”

The move to Georgia will be complete by the end of 2010, Nuti wrote.

Nuti also wrote that “this news is a significant event for NCR, Georgia and our company stakeholders — it may create questions and an eagerness for answers for many employees. During the month of July, HR will work with affected employees and managers as we transition to our new innovation center.”

Contact this reporter at (937) 225-2390 or tgnau@DaytonDailyNews.com.

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