Okay, second question is you mentioned earlier the possibility that some manufacturers initially might decide to move some things in-house. Do you have any examples of that in your business?
Timothy L. Main
I think the one that’s been well-publicized is the Nokia announcement three, four months ago.
Alexander Blanton - Ingalls & Snyder
Right.
Timothy L. Main
Other than that, we don’t have any significant customer account that qualifies itself into that group.
Alexander Blanton - Ingalls & Snyder
Because recently NCR announced that they would in-source some ATM manufacturing and as I can determine, the reason they are doing that is so they can get some tax incentives from the State of Georgia that require a certain number of jobs to be created in the State of Georgia. And it really has nothing to do with the economics actually of in-sourcing. But there was some comment accompanying that in some of the local press that oh, there’s a trend toward in-sourcing. But from what you can tell, is there any such thing?
Timothy L. Main
I don’t think there’s any such thing. I might have mentioned NCR but I’m glad you brought it up. I forgot that that was a public statement that they made, so these OEMs will have certain drivers, different personalities, and opportunities like NCR has to receive significant tax benefits for an activity that maybe they think can be supported domestically within their own site. If you take a couple of data points in a $1 trillion dollar industry and say that’s a trend, I don’t think so.
Alexander Blanton - Ingalls & Snyder
Yes, well, there was a bill in the State of Georgia that if you can create 1800 jobs or more, you can get some tax incentives. Well, the only way they could do that was to in-source this ATM manufacturing because they didn’t have enough people coming from Dayton to meet the 1800 bogey. This is not the way the press presented it but it’s obviously the case, so it had really nothing to do with lowering costs or anything like that.
Timothy L. Main
Right, well, the politics that we are in today are going to really be very negative towards out-sourcing and that type of thing. I mean, let’s just accept that but recognize that the trend to out-source and the cost benefit of out-sourcing are so compelling that these temporary political statements I think will impact the temporary and the broader economic force of what compels OEMs to do what they do will prevail.
Alexander Blanton - Ingalls & Snyder
Well, you are absolutely right. The CEO of NCR bragged that oh, we’re bringing jobs back from overseas when in reality they are coming from South Carolina. Okay, thank you.
Timothy L. Main
Thanks.
Operator
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