Strengthen the company's position
Mercedes-Benz USA LLC confirmed Tuesday afternoon the company will relocate its headquarters from Montvale, New Jersey, to Atlanta, "in a move designed to better serve its growing customer base and strengthen the company's position for long-term sustainable growth."
The company will begin moving employees to a temporary location while it constructs a new headquarters that's expected to be completed in 2017. Some operations will remain in Montvale and nearby Robbinsville, the company added.
“New Jersey has been a wonderful home to our U.S. operations for our first 50 years, and still is today,” MBUSA President and CEO Stephen Cannon said in a prepared statement. “The state has worked tirelessly with us as we evaluated our options. Ultimately, though, it became apparent that to achieve the sustained, profitable growth and efficiencies we require for the decades ahead, our headquarters would have to be located elsewhere. That brought us to Atlanta."
Original story begins here:
Georgia reportedly is luring Mercedes-Benz USA LLC to Atlanta from New Jersey with a package of incentives worth an estimated $50 million. The North American division of the luxury German automaker refused comment early Tuesday, but WSB-TV, Atlanta, said it confirmed the deal through sources and reported Mercedes would make an announcement sometime Tuesday.