Grant & Loan Awards: Muscogee County


EDGE

Muscogee County

EDGE Fund: $1,500,000

Awarded: 06/30/2010

Applicant: Columbus, Georgia, DA of


Description:
EDGE grant funds of $1,500,000 are awarded to assist with the acquisition of a 350,000 square foot facility within Corporate Ridge Business Park on behalf of NCR Corporation (NCR). The facility manufactures state-of-the-art ATM machines for delivery to its customers in North America. NCR, founded in 1884, as “National Cash Register Company”, is known as the global leader in financial self-service, leading how the world connects, interacts and transacts with business. A Fortune 500 company, NCR moved its corporate headquarters from Dayton, Ohio to Duluth, Georgia and also made the decision to build its U.S. manufacturing facility in Columbus. NCR states that more than 150 employees have already been hired for the initial phase of operations. However, the company expects to create 425 jobs by the end of 2011 and make a private investment of approximately $17.5 million.


Total Budgeted Project Cost: $25,304,700


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