The Adobe Flash Player is required to view this multimedia interactive. Get it here.
Home  >  Business

Q&A with NCR's Bill Nuti

Hot Topics

Related

    Suggested for you

By Dan Chapman, The Atlanta Journal-Constitution 7:05 PM Wednesday, June 3, 2009

Bill Nuti, chairman and chief executive officer of NCR, spoke with the AJC before Tuesday's news conference at the state Capitol. His comments are condensed for brevity.

Q: How did you settle on Georgia, Duluth in particular?

A: We did a complete analysis of the lower 48 states measuring a state's political environment, demographics, tax incentives, foreign direct investment, skilled labor, infrastructure, supply chain, airports and, of course, we looked very, very hard at the cost of living. Georgia scored among the highest-ranked states for the high availability of a skilled work force and [training]. Georgia has a thriving economy, the No. 8 lowest corporate tax rate, No. 16 in the United States for foreign direct investment, great logistics, particularly for supply chain and infrastructure. It's home to many research centers and many Fortune 500 companies, including many of our customers in town.

Q: Y'all got more than $60 million in incentives from the state, and millions more from Gwinnett County and Columbus. How critical were tax breaks in making your decision?

A: Look, we're not going to give away any particular numbers because they were not the only factors that go into the decision. While the incentives will definitely lower our cost of operations over the next 10 years by tens of millions of dollars, the reason we are here is not just about the cost.

Q: What else do we need to know?

A: The press is missing two key stories here. One — especially during times like these when announcements are being made with GM and other companies — is that an American company is announcing new manufacturing jobs. This is a huge story. The other part is, I don't know of any leader of any company over the last year that's said we're going to build a manufacturing plant in America, returning to our roots of the Industrial Revolution, and do it on American soil.

User comments are not being accepted on this article.

Business updates by e-mail

Keep up with business news and get breaking business news alerts with the Dayton B2B e-mail newsletter.

See Sample | Privacy Policy

Join Today

Renew/Subscribe to B2B Magazine!

Print subscription & E-dition access

Join our Business Directory

Add your business listing for free right now!

Latest videos: Business news


About our ads

About our ads

Copyright © Sat May 26 18:36:58 EDT 2012 Cox Ohio Publishing, Dayton, Ohio, USA. All rights reserved.

By using this site, you accept the terms of our Visitors Agreement and Privacy Policy. AdChoices. You may wish to note our other business policies.