Diebold Announces New Canton/Akron HQ
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April 13, 2011 3:05 pm at 3:05 pm #86153
Diebold Plans to Build New World Headquarters in Akron/Canton Area
April 12, 2011
With the strong support of Ohio Gov. John R. Kasich and recent legislation passed by the state’s General Assembly, Diebold, Incorporated (NYSE: DBD) today announced plans to construct a new, consolidated corporate campus which will form an expanded world headquarters in the Akron/Canton region. If approved at the relevant state and local levels, the completed headquarters project will help drive the company’s need for a truly world-class facility that better aligns the organization, stimulates process efficiencies and enhances our ability to recruit and retain top-tier talent – all while continuing to make a significant economic contribution to the region Diebold has called ‘home’ for nearly 150 years.
Kasich announces tax break to keep Diebold here
By Robert Wang
CantonRep.com staff writer
Posted Apr 12, 2011
Diebold said Tuesday it had considered moving its headquarters and most of its local offices out of Ohio, but it would instead consolidate five of its seven area locations at a yet-to-be disclosed site in the Akron-Canton area.
Gov. John Kasich appeared at DieboldÃ¢â‚¬â„¢s headquarters here Tuesday afternoon to announce that the company had accepted his administrationÃ¢â‚¬â„¢s offer of a $56 million package of tax credits, loans and grants to induce the company to stay.
Diebold was ‘dead serious’ about leaving Ohio, company officials said
Published: Tuesday, April 12, 2011
By Janet Cho, The Plain Dealer
Diebold Inc. faced a difficult decision after chief rival NCR Corp. was wooed from Ohio to Georgia. Diebold didn’t want to leave Ohio, but it couldn’t compete with NCR after it received more than $60 million in incentives to move its corporate headquarters and 2,100-plus jobs south in June 2009.
So Diebold approached North Carolina and Virginia, where it has factories. Both states offered attractive deals to move. When Ohio countered with its own offer of $56 million in tax breaks, grants and loans, Diebold was sold on staying.April 13, 2011 5:53 pm at 5:53 pm #440149
Kasich is certainly on a spending spree! I believe its close to $250 million of our taxpayer money he is spreading around to these “good” corporate citizen. I wonder how much of the $100 million Mr. Swidarski gets to pocket?
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