Mercedes-Benz reportedly weighing move to Atlanta from Montvale (NJ)

northjersey.com ^ | Dec. 16, 2014 | LINDA MOSS

[PROCON]

The German luxury automaker Mercedes-Benz is looking to move its 1,000-employee North American headquarters from Montvale to Atlanta, several sources said Tuesday.

The Atlanta Business Chronicle first reported on Tuesday that Mercedes-Benz USA is considering the move. A company spokesman declined to comment on the report, but several sources told The Record that Mercedes-Benz was indeed considering leaving Bergen County. One source within the company told The Record that an announcement on a move may come in January, at a company reception.

“As a matter of policy, the company does not comment on rumors or speculation,” said Mercedes-Benz spokesman Rob Moran.

[PROCON]

But...but...but...I thought Chris Christy was a "conservative" Governor....low taxes and all...say it isn't true...a real 2016 Presidential candidate.

...the office of Lt. Gov. Kim Guadagno, who is Governor Christie’s top economic development official, released a statement saying, “We have enjoyed a working relationship with Mercedes-Benz.” Guadagno’s spokeswoman, Kathryn Grosso, added that the lieutenant governor was “entirely focused” on attracting and retaining businesses in New Jersey.

Please tell this West coast hick what's wrong with New Jersey.

[MtnClimber]

Why would any intelligent, working person live in NJ (Nut Job)?

[Impala64ssa]

Well, Montvale, NJ would still have one claim to fame, one of the very few remaining original Dairy Queens is still standing there and open for business.

[VRWC For Truth]

NJ has the highest tax rate of any state. Fat boi like his BFF, Soetoro, is a fraud.

[llevrok]

Please tell this West coast hick what's wrong with New Jersey. >

High taxes. High cost of living making bringing in employees from outside of the area difficult (do you "equalize" for cost of living?), public schools suck, corruption in so many governments (city, state, county...), failing infrastructures everywhere (at least North Jersey...

Other than that, not a bad place to have a HQ.

In this day of electronic banking, there is little need to have a HQ in or close to Wall Street any more.

[Alberta's Child]

For major employers, I think the cost of living in New Jersey is a much bigger factor than taxes at the corporate level. The state has a corporate tax rate of 9% that is comparable to its neighbors, but the state will typically offer a very generous tax incentive package to a company like this to keep it New Jersey.

The biggest problem a major employer like this faces is that many of its employees simply can't afford to live in New Jersey, due to high real estate prices and exorbitant property taxes.

[donozark]

A Right to Work State wins another company!