Georgia Governor Nathan Deal announced on Tuesday that hundreds of jobs will be created when Mercedes-Benz USA will relocate its headquarters to Atlanta, investing approximately $74 million.
The Stuttgart-based company announced earlier this month that it will move its headquarters from Montvale, N.J. to Atlanta, Georgia. Mercedes-Benz USA is responsible for the distribution, marketing and customer service for all Mercedes-Benz products in the United States.
Nathan Deal said that “With its international name recognition and unmatched reputation for quality, Mercedes-Benz USA’s decision to move to Georgia is simply a home run for the state. I look forward to building upon this partnership and adding Mercedes-Benz to the state’s already impressive automotive sector. Mercedes-Benz will find in Georgia a state that will help its bottom line, and people who will welcome its team and their families with open arms. Welcome to Georgia, Mercedes-Benz.”
On the other hand, Stephen Cannon, Mercedes-Benz USA CEO, further added that the Atlanta area is “a premier city which provides the perfect foundation to write the next chapter of our success story here in the USA. We are proud to call Georgia our home.”
What’s more, Georgia’s automotive sector has witnessed a 149 percent increase in investment and 11 percent increase in jobs last year. As a consequence, Atlanta has become a leading city for auto technology, with the Innovation Center, Panasonic Automotive Innovation and the AT&T Drive Studio, having their headquarters in Georgia.
Furthermore, according to Wall Street Journal the state of Georgia offered $23 million in tax credits and other incentives in an effort to attract the company to Sandy Springs.