Atlanta Economic Development Thread - Page 12

Libertarian · #**221** Posted **Dec 11, 2020, 6:30 PM**

By "they" you mean the landlords? Yeah I imagine landlords are being quite subservient at this moment. F'em.

NYbyWAYofGA · #**222** Posted **Dec 11, 2020, 6:33 PM**

Quote:

Originally Posted by Libertarian

By "they" you mean the landlords? Yeah I imagine landlords are being quite subservient at this moment. F'em.

No, in this case, I am talking about our execs....

smArTaLlone · #**223** Posted **Jan 27, 2021, 5:23 AM**

https://www.bizjournals.com/atlanta/news...l-to-buy-cardtronics-for-25-billion.html

Quote:

Atlanta-based financial tech giant NCR Corp. and Cardtronics said Monday they have reached a deal for NCR to acquire Cardtronics, the world’s largest non-bank ATM operator and service provider, for approximately $2.5 billion including debt.

NCR said previously that buying Cardtronics will expand its "NCR as a Service" strategy and accelerate its movement into the payments business. NCR said the two companies' customers and regions are complementary.

NCR generated revenues of $6.9 billion in 2019 and had approximately 36,000 employees and contractors worldwide. Cardtronics generated 2019 revenue of $1.3 billion and had 1,987 employees.

Ric 0_0 · #**224** Posted **Feb 1, 2021, 5:06 PM**

Schweitzer-Mauduit International, Inc. ("SWM" or the "Company") (NYSE: SWM) today announced that it has reached an agreement with the Board of Scapa Group, Plc (“Scapa”) (LSE: SCPA) on the terms of a recommended cash offer (to be made by SWM’s wholly owned indirect subsidiary) for the acquisition of the entire share capital of Scapa, a UK-based innovation, design, and manufacturing solutions provider for healthcare and industrial markets. Pursuant to the terms of the offer, Scapa's shareholders will be entitled to receive 210 pence in cash for each Scheme Share. Based on Scapa’s closing share price of £1.77 and the exchange rate of US$1.37:£1 on January 26, 2021, the transaction implies an equity value of approximately £402.9 million, or $551.9 million (see additional financial data below). The transaction is anticipated to be completed in the second quarter of calendar 2021.

https://www.globenewswire.com/news-relea...PROVIDER-FOR-HEALTHCARE-INDUSTRIAL-.html

Ric 0_0 · #**225** Posted **Feb 1, 2021, 5:12 PM**

Gray Television Inc. said Monday it has reached an agreement to acquire Quincy Media Inc. for $925 million in cash. Once the deal closes, Gray will own television stations serving 102 TV markets that collectively reach 25.4% of U.S. TV households, the company said in a statement. Quincy is a family-owned media company based in Quincy, Illinois, that owns TV stations and digital platforms in 16 markets, mostly in the Midwest. The deal is expected to close in the second or third quarter and to immediately boost Gray's free cash flow per share.

https://www.marketwatch.com/story/gray-t...media-for-925-million-in-cash-2021-02-01

atlHawks · #**226** Posted **Feb 18, 2021, 8:48 PM**

Airbnb plans to open Atlanta 'technical hub,' add hundreds of jobs

Quote:

Atlanta is Airbnb's choice for its new East Coast technology hub, the company announced today.

Airbnb, based in San Francisco, said in a news release this hub will be home to one of the company's product development teams. Plans are for the Atlanta office to become the regional base for hundreds of technical and non-technical roles.

No decision on where the hub will be located has been made other than it will be within the city of Atlanta. Airbnb will first open an office space later this year before a site is selected for the hub.

Libertarian · #**227** Posted **Feb 23, 2021, 2:11 PM**

You lads know any SCL fabricators or dealers in this region?

https://www.performancepanels.com/structural-composite-lumber

Libertarian · #**228** Posted **Apr 11, 2021, 12:16 AM**

$Multi-Billion SK project in Jackson Co. is evidently still on track
Awaiting further details.

smArTaLlone · #**229** Posted **Apr 27, 2021, 7:30 PM**

Not economic development but since the discussion thread was closed...

The state of Georgia surpassed Michigan and is now the 8th largest state by population.

smArTaLlone · #**230** Posted **Jul 6, 2021, 4:41 PM**

https://www.bizjournals.com/atlanta/news...ant-visa-eyes-midtown-for-expansion.html

Quote:

Global credit card giant Visa has been scouting Midtown office space for a significant expansion, according to multiple sources familiar with the plans.

The former headquarters of Norfolk Southern Corp. is emerging as one of the possibilities, sources told Atlanta Business Chronicle. Cousins Properties Inc., which owns the building known as 1200 Peachtree Street and recently launched renovations, declined comment.

Visa, headquartered in San Francisco, could be seeking several floors of office space, or up to 120,000 square feet.

He's Back · #**231** Posted **Jul 6, 2021, 7:23 PM**

It hasn't been announced, but eBay is opening a large office in Downtown. Also, they have even started hiring!

Link to eBay Atlanta jobs:
https://www.indeed.com/jobs?q=Ebay&l=Atlanta%2C%20GA&vjk=911522e0c298a287

jpk1292000 · #**232** Posted **Jul 7, 2021, 1:17 AM**

Quote:

Originally Posted by he's back

it hasn't been announced, but ebay is opening a large office in downtown. Also, they have even started hiring!

Link to ebay atlanta jobs:
https://www.indeed.com/jobs?q=ebay&l=atlanta%2c%20ga&vjk=911522e0c298a287

boom

jayden · #**233** Posted **Jul 7, 2021, 11:50 AM**

Quote:

Originally Posted by He's Back

It hasn't been announced, but eBay is opening a large office in Downtown. Also, they have even started hiring!

Link to eBay Atlanta jobs:
https://www.indeed.com/jobs?q=Ebay&l=Atlanta%2C%20GA&vjk=911522e0c298a287

50 Allen this is for you! Take it!

RATBOYKEV · #**234** Posted **Jul 7, 2021, 7:50 PM**

The Atlanta City Council website has presentations & reports available for download from various standing committees. The finance committee has published one of the clearest financial pictures in recent memory covering the upcoming fiscal year.

*edit - Link to other presentations & documents for download

smArTaLlone · #**235** Posted **Jul 28, 2021, 10:10 PM**

https://www.ajc.com/life/radiotvtalk-blo...n-to-atlanta/WGNKXCAKWBE7BMQEHBATTHLQBM/

Quote:

E.W. Scripps is moving its Newsy news operation to Atlanta and will make it an over-the-air broadcast channel starting October 1.

The company, which had been based in Columbia, Missouri, expects broadcasts to reach 80 percent of U.S. households via local TV stations it already owns.

Scripps is building out a national news operation for Newsy. There are currently 58 media job openings for Newsy out of Atlanta alone listed on the Indeed website. Newsy plans to have at least a dozen bureaus nationwide and use Scripps’ existing D.C. operations.

Newsy will be based out of the same Buckhead offices where Court TV is located.

While CNN, MSNBC and Fox News are on subscriber-based platforms, Newsy will be available to anyone for free with a broadcast antenna. It’s already available on a variety of streaming platforms such as Roku, Chromecast, AppleTV, Pluto and Tubi.

smArTaLlone · #**236** Posted **Aug 5, 2021, 2:44 PM**

https://www.bizjournals.com/atlanta/news...cal-atlanta-expansion-jobs-gwinnett.html

Quote:

A California-based robotic surgery giant plans a $500 million, 1,200-job expansion in Atlanta.

Intuitive Surgical Inc. will add to the approximately 180 employees already based at the company’s offices in Peachtree Corners, Gov. Brian Kemp announced Wednesday.

The company plans to grow its campus to include more than 750,000 square feet of manufacturing and engineering operations, state-of-the-art training facilities for surgeons and hospital care teams, and administrative offices, Kemp said.

RATBOYKEV · #**237** Posted **Aug 16, 2021, 6:23 PM**

American Cancer Society HQ sells for $285M, another huge investment downtown

Quote:

The former American Cancer Society headquarters will more than likely be used completely for data storage.

Quote:

American Cancer Society is in the process of moving out of the 274,000 square feet of office space. The company went completely remote during the fourth quarter of 2020.

The conversion of a notable building(998,770 sq ft) downtown from commercial occupancy to data center, and at a price of $285/Sq Ft to facilitate the transition?!

Martinman · #**238** Posted **Aug 16, 2021, 7:30 PM**

Quote:

Originally Posted by RATBOYKEV

American Cancer Society HQ sells for $285M, another huge investment downtown

The conversion of a notable building(998,770 sq ft) downtown from commercial occupancy to data center, and at a price of $285/Sq Ft to facilitate the transition?!

I wish they would remake the Centennial Park Dr frontage of the building.

Libertarian · #**239** Posted **Aug 16, 2021, 7:36 PM**

Great location for a data center.

Terminus · #**240** Posted **Aug 17, 2021, 12:56 PM**

Quote:

Originally Posted by Martinman

I wish they would remake the Centennial Park Dr frontage of the building.

What you're seeing now is the redo. It was worse before.

The building contains data equipment generators, each about the size of one of those green waste bins you see around town. They have to be trucked in my semi trucks.

As much as I hate what's here too, it's not going anywhere.