Mercedes-Benz USA said it would relocate its corporate headquarters to Atlanta, Georgia from Montvale, New Jersey, claiming it will “strengthen the company’s position for long-term, sustainable growth.”
Clearly, there is some cost cutting and elimination of more expensive older employees involved in the decision to abandon a 50-year old tradition in the Garden State.
MBUSA executives and staff will relocate to a temporary facility in Atlanta’s Central Perimeter on an interim basis. The company will construct a new headquarters expected to be completed in early 2017. MBUSA will start moving employees in July 2015. The move, which will affect 1,000 employees, will be phased to help business operations. Several areas will remain in both Montvale and Robbinsville, New Jersey, the company said in a statement
“New Jersey has been a wonderful home to our U.S. operations for our first 50 years, and still is today,” said MBUSA President and CEO Stephen Cannon. “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.
“Atlanta is a premier city which places us closer to our ever-growing Southeast customer base, our port in Brunswick, Georgia, and to Mercedes-Benz U.S. International, our Alabama manufacturing facility, which accounts for half of the vehicles we sell here in the U.S.” said MBUSA President and CEO Stephen Cannon.
The company expects to provide additional detail on its plans by the end of the month.
