Another Company looks to leave High Tax Bergen County
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 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.
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.