NCR posts first earnings as Duluth company

Apparently, NCR couldn’t wait to leave Dayton.

Today, in its first earnings release since the company announced last month that it’s moving to the metro area, NCR listed its headquarters as Duluth.

Many in the Dayton area, already hard hit with job losses, were upset with the company’s move. It was founded there 125 years ago. They also were upset that Ohio offered about $31 million in incentives to keep the company there, which was less than a third of what Georgia offered to land it.

The company is moving its headquarters and 1,250 jobs to the metro area. It also plans to employ 870 people at a new plant in Columbus.

Today, it reported that second-quarter net income fell 48 percent to $23 million and revenue fell 16 percent to $1.12 billion, AJC reporter Joe Guy Collier writes.

NCR, once known as National Cash Register, makes ATMs, self-service kiosks and check-out terminals. It continues to suffer from a drop in business with retail customers, which have been hit hard by the recession. Retail businesses have slowed refurbishment of existing stores and construction of new stores, Collier writes.

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