Mercedes Moving Headquarters Out of N.J.
German luxury automobile maker Mercedes-Benz is moving its U.S. headquarters from New Jersey to Atlanta, moving about 1,000 jobs and dealing a blow to state officials who have lobbied for weeks to keep the company.
New Jersey Gov. Chris Christie had a series of meetings with Mercedes-USA President and CEO Stephen Cannon to try to keep the company in New Jersey, said Michael Drewniak, a spokesman for the governor.
“In each conversation Mercedes USA made one thing very clear about its decision to leave: The cost of doing business and the tax environment is just too high here to be competitive with a state like Georgia,” he said.
That reinforces Christie’s “repeated calls to lower taxes and change the business climate,” Drewniak said.
This article appeared in print on page 11 of edition of Hamodia.
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