News
News Home
Quick Bites
Exploradio
News Archive
News Channel
Special Features
NPR
nowplaying
On AirNewsClassical
Loading...
  
School Closings
WKSU Support
Funding for WKSU is made possible in part through support from the following businesses and organizations.

Metro RTA

Levin Furniture

Knight Foundation


For more information on how your company or organization can support WKSU, download the WKSU Media Kit.

(WKSU Media Kit PDF icon )


Donate Your Vehicle to WKSU

Programs Schedule Make A Pledge Member BenefitsFAQ/HelpContact Us
Economy and Business


Diebold suspends construction of new headquarters
Company says it will focus on global growth
by WKSU's GRANT ENGLE

Reporter
Grant Engle
 
In The Region:

Diebold is indefinitely suspending plans to build its $100 million global headquarters in Green. It’s also laying off 500 people, primarily in North America and Brazil.

In its announcement Thursday morning, the ATM manufacturer said months of analysis showed the company needs to focus on global growth instead of building a new headquarters.

Mike Jacobsen is a spokesman for Diebold. He says the announcement doesn’t change the company’s commitment to North Canton.

Mike Jacobsen says Diebold is committed to Northeast Ohio

Other options:
Windows Media / MP3 Download (0:11)


“We’re staying here in Green. We’re not looking to relocate our corporate headquarters anywhere else. The decision to indefinitely suspend our plans to build a new corporate campus was based on the immediate and long-term needs of the business.”

The announcement about the headquarters followed Diebold’s release of its third-quarter earnings, which dropped 58 percent. Jacobsen says the headquarters decision was made after months of study. He also says fewer than 75 of the 500 layoffs will be in Northeast Ohio.

When Diebold announced in April of 2011 that it was building the new headquarters, Gov. John Kasich promised more than $50 million in tax credits and other incentives.

STATEMENT OF GREEN on Diebold's change of plans:

October 25, 2012

City of Green Receives News of Diebold Indefinitely Suspending Plans for its New World Headquarters

Last evening, Diebold executives met with Mayor Dick Norton to announce they would be indefinitely suspend plans to build a new world headquarters in Green.

“Diebold executives were quick to reassure me that they intend to stay in Green in their current headquarters and that they will invest some amount of money into the current facility to accommodate their near term needs,” said Dick Norton, mayor. 

 Diebold’s current world headquarters is located at 5995 Mayfair Road.

“It’s good news bad news – there will be no negative impact to the revenue the City receives from Diebold.  Executives have reassured me that their employee base will remain the same and that in fact they are currently in a hiring mode for certain disciplines.” 

Diebold is the largest employer in the City of Green with approximately 1,800 employees.

“Clearly I would have preferred to have the new facility,” said Norton.  “On the other hand, I can certainly respect their position to make this tough decision to delay the project and to invest in growing the business.”

“At this time, the City is stopping all expenditures of funds related to construction of any infrastructure related to accommodate the new facility.”  

 In 2013, the City had plans to extend Town Park Blvd. east to Wise Road to accommodate the new facility.  

 

Add Your Comment
Name:

Location:

E-mail: (not published, only used to contact you about your comment)


Comments:




 
Page Options

Print this page

E-Mail this page / Send mp3

Share on Facebook




Stories with Recent Comments

Akron council committee recommends Forney for its opening
Which committee member voted for Wilhite?

Canton Youth Symphony is named orchestra of the year
This is what makes CSO the hippest small town orchestra in America!

What can be expected if Ohio's tobacco taxes increase?
let's face it! The increase has little to do with smoking cessation

Rare Cleveland Indians photo from 1911 hits the auction block
Paddy Livingston, who cut his teeth on a Louisville Slugger in Kent, Ohio was one of the immortals that played in that game. He was the catcher. Ty Cobb actuall...

Nexus denies Green's request to relocate its planned gas pipeline
These people have so much power. Too much. They could care less about the people they leave when it is done. Spectra does not, and admits, they do not do the...

The former Hugo Boss plant is about to start making suits again in NE Ohio
Hugoo Boss should not even be allowed to make or sell suits in the USA ..... During WWII, they were a nazi company. They made the uniforms for the S.S.

Ohio voters remain split over gay marriage
It's all good. The bigots will get used to it, just like interracial marriage. Or they die off-either way, all is well :-)

Ohio Senate budget reduces low income housing funds
Bill is correct. Lake County receives funding to assist in the operations of permanent housing for over 90 households annually - persons who are living with a s...

Cleveland's mustard war rages on
Stadium Mustard is stolen from Bertman's and it is made in Chicago. Real thieves and creeps. Bertman's or death.

Copyright © 2015 WKSU Public Radio, All Rights Reserved.

 
In Partnership With:

NPR PRI Kent State University

listen in windows media format listen in realplayer format Car Talk Hosts: Tom & Ray Magliozzi Fresh Air Host: Terry Gross A Service of Kent State University 89.7 WKSU | NPR.Classical.Other smart stuff. NPR Senior Correspondent: Noah Adams Living on Earth Host: Steve Curwood 89.7 WKSU | NPR.Classical.Other smart stuff. A Service of Kent State University