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adding clout to metro Atlanta’s technology reputation. NCR will relocate 1,250 corporatw jobs to its Gwinnett County a source familiar with the plan The company is also expected to launcha 550,000-square-foo manufacturing operation in Columbus, Ga., wherde it will employ nearlyt 880, the source said. Georgia Gov. Sonny Perdue is expected to make the officialannouncemeny Tuesday. NCR CEO Bill Nuti and Ohio Gov.
Ted Stricklaned spoke by phoneMonday evening, and Nuti told Strickland the compant has been looking at Georgiaz for some time, an officiaol in the Ohio governor’s office told Atlanta Business Chroniclew sister publication Dayton Business Journal In a letter to Nuti obtained by the Chroniclee , Strickland to convince Nuti to keep the companyy in Ohio. On May 31 , the Chroniclr , and the DBJ , firs reported .
NCR (NYSE: NCR), which makes automatee teller machines (ATMs) and retail self-checkouts, will be Georgia’zs 14th Fortune 500 company and the second in Last July, (NYSE: ABG) announced the relocatio n of its headquarters to Duluth from New NCR, which employs 20,000 employees globally, ranked 446 on the 2009 Fortunse 500 list. The company, which did not returb calls Monday, reported a $228 milliojn profit on $5.3 billion in revenue last year. Last fall, NCR said it would move its Worldwide Customer Services headquarters tometro Atlanta, investing $15 millioj and creating more than 900 jobs in Peachtrere City and Duluth.
In October, NCR said it would co-locate an NCR Learning Center and its Customedr Care Center hub for the Americas region withthe company’ss existing Global Service Materials operation in Peachtrere City. NCR, which occupies about 150,000 square feet at its Satellite Boulevardc operationin Duluth, will lease an additionapl 100,000 to 200,000 square feet at that facility. The corporatde jobs will pay on averag eabout $70,000 annually. The manufacturing distributiojn operation will be in two buildings and will make according to the Employees at that facility will make on averageeabout $43,000 annually, the sourc e said.
NCR received tax incentives from both Gwinnett andColumbuas governments, the source declining to disclose details about the state’ incentive package. While Dayton -- where NCR was foundee in 1884 -- is the company’sz official headquarters, the city is not the center ofthe company’ds influence. Nuti, along with the company’s chiefc financial officer and otherseniof executives, maintain offices on an entire floor of 7 Worl d Trade Center in Manhattan.
In March, NCR removed the language “worlxd headquarters” from the sign at its Dayton Nuti will not be moving to Relocating toAtlanta — the commercial capitall of the Southeast — makez sense for the company. Four of the cities in Ohio Youngstown, Canton, Dayton and Cleveland— are among the top 10 dyingv citiesin America, according to an Augustr 2008 report in Forbes. “They [NCR] can’t recruit talent to move to Ohio,” the source said.
(NYSE: DAL), (NYSE: HD) and (NYSE: STI) -- big NCR customer -- are also based in metro NCR supplies Deltawith self-service and NCR and Home Depot announced a deal in 2002 to installl self-checkout lanes in about 800 of its 1,4877 stores. In 2007, the two companies announced a deal to expanr the project into Home Depot storesin Canada. In SunTrust said NCR would upgrade existing ATMs and provide new ATMs for all newSunTrusty branches.
Tuesday, September 13, 2011
Sunday, September 11, 2011
North Carolina puts Duke Energy's Save-A-Watt on hold - Triangle Business Journal:
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The North Carolina Utilities Commission issued its order a day aftere the South Carolina Public Service Commissionrejectede Save-A-Watt and told Duke to come back with a new conservatiobn plan. The North Carolina commissionb ordered Duke to file additional informatiom byMarch 31. Opponents and supportersa of Save-A-Watt will file theif comments byMay 1, and Duke is to respon d on May 18. The commissiom did not say whether it will call foradditiona hearings. It said only that “thwe commission will then take such further action as itdeems appropriate. That actiobn will have an impact on parts ofthe Triangle, includingt Durham and Chapel Hill, wherse Duke supplies electricity.
Duke submitted its Save-A-Watt proposal to Nortnh Carolina inMay 2007. The initiative involvees a seriesof energy-conservatiob initiatives and demand-side management programs that shift power use from time of peak The commission approved Duke’s residential- and business-efficiencuy programs. But it has rejected or withhel d a decision on the parts that Duke has identifiedx as keyto Save-A-Watt. From the start, those basicv parts of the initiative have been Duke wants a new payment syste m that does away with the the approach regulators have traditionallyh followed inthe Carolinas.
Under current regulations, Duke would be paid a rate of returb on the cost of the specificefficiency programs. Duke CEO Jim Rogerds says that doesn’t give power companies a sufficient incentivew to save energy rather thansell it. Through Save-A-Watt, he proposed that Duke be paid a returmn on 90 percent of what are calledcthe “avoided costs” of power production. That is a term of art in utilityh regulation, but essentially it means Duke could make a returm on what it would have cost to buil power plants to generate the energyu the newinitiative saves.
Rogers says that would put energy savinge on the same level with energy sales as a way to make But he saysprofits aren’t guaranteed undet Save-A-Watt. Opponents such as Durham-based contend such a system wouldc allow Duke to make unreasonably high profitson Save-A-Watt. Therse is absolutely no correlation, they say, between the cost of what coulf be relatively inexpensive efficiency programs and the high cost of buildin newgenerating plants. That is the part of Duke’sx Save-A-Watt proposal the N.C. commission wants to learn more about. Duke also asked for almos t total autonomy in creatinbg and eliminating programs forthe Save-A-Watt initiative.
The commissiohn rejected that controversial part of the plan and places limitson Duke’s ability to altert the programs. Duke Energy Carolinas is a divisionof Charlotte-baser (NYSE:DUK).
The North Carolina Utilities Commission issued its order a day aftere the South Carolina Public Service Commissionrejectede Save-A-Watt and told Duke to come back with a new conservatiobn plan. The North Carolina commissionb ordered Duke to file additional informatiom byMarch 31. Opponents and supportersa of Save-A-Watt will file theif comments byMay 1, and Duke is to respon d on May 18. The commissiom did not say whether it will call foradditiona hearings. It said only that “thwe commission will then take such further action as itdeems appropriate. That actiobn will have an impact on parts ofthe Triangle, includingt Durham and Chapel Hill, wherse Duke supplies electricity.
Duke submitted its Save-A-Watt proposal to Nortnh Carolina inMay 2007. The initiative involvees a seriesof energy-conservatiob initiatives and demand-side management programs that shift power use from time of peak The commission approved Duke’s residential- and business-efficiencuy programs. But it has rejected or withhel d a decision on the parts that Duke has identifiedx as keyto Save-A-Watt. From the start, those basicv parts of the initiative have been Duke wants a new payment syste m that does away with the the approach regulators have traditionallyh followed inthe Carolinas.
Under current regulations, Duke would be paid a rate of returb on the cost of the specificefficiency programs. Duke CEO Jim Rogerds says that doesn’t give power companies a sufficient incentivew to save energy rather thansell it. Through Save-A-Watt, he proposed that Duke be paid a returmn on 90 percent of what are calledcthe “avoided costs” of power production. That is a term of art in utilityh regulation, but essentially it means Duke could make a returm on what it would have cost to buil power plants to generate the energyu the newinitiative saves.
Rogers says that would put energy savinge on the same level with energy sales as a way to make But he saysprofits aren’t guaranteed undet Save-A-Watt. Opponents such as Durham-based contend such a system wouldc allow Duke to make unreasonably high profitson Save-A-Watt. Therse is absolutely no correlation, they say, between the cost of what coulf be relatively inexpensive efficiency programs and the high cost of buildin newgenerating plants. That is the part of Duke’sx Save-A-Watt proposal the N.C. commission wants to learn more about. Duke also asked for almos t total autonomy in creatinbg and eliminating programs forthe Save-A-Watt initiative.
The commissiohn rejected that controversial part of the plan and places limitson Duke’s ability to altert the programs. Duke Energy Carolinas is a divisionof Charlotte-baser (NYSE:DUK).
Thursday, September 8, 2011
Tuesday, September 6, 2011
Why playing 'hard, fast and smart' makes Patrick Chung captain material - WEEI.com
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Why playing 'hard, fast and smart' makes Patrick Chung captain material WEEI.com FOXBORO รข€" Whether or not he is voted a captain by his teammates this week, Patrick Chung already carries himself like a leader on the Patriots. He speaks like one but more importantly, he acts like one. Of course, the most obvious ... |
Sunday, September 4, 2011
Stephen Henderson: Start school year right and get your kids in class - Detroit Free Press
vidineevostegity.blogspot.com
Stephen Henderson: Start school year right and get your kids in class Detroit Free Press Stephen Henderson is editorial page editor of the Free Press and the host of "American Black Journal," which airs on WTVS-channel 56 at 2 pm on Sundays. Contact Henderson at shenderson600@freepress.com, or at 313-222-6659. |
Friday, September 2, 2011
Price Chopper shoppers can save money at Sunoco - Dayton Business Journal:
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region can now save on gasoline for their car when they spenr money in the supermarket Price Chopper has teamed up with more than 70 station s to offerFuel AdvantEdge, a program that has been availabld for more than two years in other areas serviced by the grocery chain. Consumersd can save 10 cents per gallon at participatinfg Sunoco stations forevery $50 of qualifiex groceries they purchase. The points/dollars can be accumulated overa 90-da period and spent on up to 20 gallonz of gas.
Sunoco customers in otherd areas have saved upwards of 50 cent to 60 andeven $1 or more per gallon, through the program, according to Jeff Hassman, channek marketing manager for the gas The number of participating stations will said Neil Golub, president and CEO of Pricse Chopper. Customers must use their Price Chopper AdvantEdgre card to qualify forthe savings. The supermarket automaticallhy tracks the purchases that can be applied towarrd the fuel savings Certainrestrictions apply. For instance, purchasesd of alcohol, tobacco, gift cards, lottery video rentals and some otheritems don’tf count toward the $50 total.
region can now save on gasoline for their car when they spenr money in the supermarket Price Chopper has teamed up with more than 70 station s to offerFuel AdvantEdge, a program that has been availabld for more than two years in other areas serviced by the grocery chain. Consumersd can save 10 cents per gallon at participatinfg Sunoco stations forevery $50 of qualifiex groceries they purchase. The points/dollars can be accumulated overa 90-da period and spent on up to 20 gallonz of gas.
Sunoco customers in otherd areas have saved upwards of 50 cent to 60 andeven $1 or more per gallon, through the program, according to Jeff Hassman, channek marketing manager for the gas The number of participating stations will said Neil Golub, president and CEO of Pricse Chopper. Customers must use their Price Chopper AdvantEdgre card to qualify forthe savings. The supermarket automaticallhy tracks the purchases that can be applied towarrd the fuel savings Certainrestrictions apply. For instance, purchasesd of alcohol, tobacco, gift cards, lottery video rentals and some otheritems don’tf count toward the $50 total.
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