Saturday, December 16, 2000

AC Nielsen Co. moving jobs to Covington

By Cindy Schroeder
The Cincinnati Enquirer

        COVINGTON — The world's largest market research company is moving its regional headquarters here, with the help of city tax incentives.

        AC Nielsen Co. and AC Nielsen Market Decisions have signed a 10-year lease agreement with Corporex Cos., said Ella Frye, Covington's economic development director.

        It will move 125 employees formerly based in Cincinnati into two floors of theoffice complex at 50 W. RiverCenter Blvd. That workforce is projected to grow to 169 by 2003, Ms. Frye said.

        Through the Covington Jobs Development Act, AC Nielsen will be eligible for a 40 percent payroll tax abatement for five years, Ms. Frye said. Covington City Commission gave its initial approval to the abatement Wednesday.


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