December 19, 2014
Mercedes-Benz May Move Headquarters to Atlanta From New Jersey
[From article]
If the reports are accurate, Mercedes-Benz would be the latest in a string of major companies to move their corporate headquarters from Bergen County to the South. The car-rental company Hertz moved from Park Ridge to south Florida, and the BubbleWrap maker Sealed Air is moving from Elmwood Park to Charlotte, N.C., both with the help of tax incentives from those states.
Montvale would be losing its second-largest private employer, behind the accounting giant KPMG, according to the Bergen County Economic Development Corp. Mercedes-Benz is among the top 10 corporate employers in the county and paid $916,700 in local taxes on its properties this year, according to the borough’s website.
[. . .]
Boyd pointed out that Mercedes-Benz and the rival German automaker BMW, which has its North American headquarters in Woodcliff Lake, are in heated competition to lure younger consumers, the so-called millennial generation, to buy their cars.
http://www.northjersey.com/news/business/mercedes-benz-reportedly-weighing-move-to-atlanta-from-montvale-1.1157006
Mercedes-Benz reportedly weighing move to Atlanta from Montvale
DECEMBER 16, 2014 LAST UPDATED: TUESDAY, DECEMBER 16, 2014, 10:24 PM
BY LINDA MOSS
STAFF WRITER |
The Record
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