Have you heard? And how do you feel about this?
Mercedes-Benz is leaving NJ
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Discussed previously in OT but no matter.
When are you leaving NJ?
When are you leaving NJ?
JHZR2
Staff member
Heard, probably will boycott them for this, despite my love for their classic diesels.
And I will let them know the reason for my boycott.
It may be a good business decision for them, but my money (cash, real stuff, on the hog's head) is as green as anyone else's.
And I will let them know the reason for my boycott.
It may be a good business decision for them, but my money (cash, real stuff, on the hog's head) is as green as anyone else's.
Originally Posted By: splinter
Discussed previously in OT but no matter.
When are you leaving NJ?
It became official today, though.
"When am I leaving NJ?" - When my wife and I leave NJ...
Discussed previously in OT but no matter.
When are you leaving NJ?
It became official today, though.
"When am I leaving NJ?" - When my wife and I leave NJ...
I heard a couple of days ago about a possible move here to North CarolIna. They apparently decided on moving to Atlanta.
Does it really matter what city in the USA ?
It's still a high end vehicle.
It's still a high end vehicle.
I think the correct wording is: MB escaped NJ.
Originally Posted By: Tdbo
They have the right to locate wherever they desire.
What did NJ do retain their business?
At the end of the day, they made a business decision and it won't matter one iota to anyone who really wants an MB.
The tax burden in NJ is pretty rough, and what do they get in return? States are killing each other to grab business relocations, New York has a program of tax abatements for new business that seems to be working. Seems to me the climate in Atlanta results in less cold weather. I'll bet they end up on Peachtree Road, there are many auto, related businesses there.
MB once look at a place in Rhode Island, a former Naval Air station called Quonset Point. It had plenty of room, an airport, and a rail line and a direct highway link to 95, already in place. Then they looked at what it cost to do business there. Bye bye.
They have the right to locate wherever they desire.
What did NJ do retain their business?
At the end of the day, they made a business decision and it won't matter one iota to anyone who really wants an MB.
The tax burden in NJ is pretty rough, and what do they get in return? States are killing each other to grab business relocations, New York has a program of tax abatements for new business that seems to be working. Seems to me the climate in Atlanta results in less cold weather. I'll bet they end up on Peachtree Road, there are many auto, related businesses there.
MB once look at a place in Rhode Island, a former Naval Air station called Quonset Point. It had plenty of room, an airport, and a rail line and a direct highway link to 95, already in place. Then they looked at what it cost to do business there. Bye bye.
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JHZR2
Staff member
Originally Posted By: HerrStig
Originally Posted By: Tdbo
They have the right to locate wherever they desire.
What did NJ do retain their business?
At the end of the day, they made a business decision and it won't matter one iota to anyone who really wants an MB.
The tax burden in NJ is pretty rough, and what do they get in return? States are killing each other to grab business relocations, New York has a program of tax abatements for new business that seems to be working. Seems to me the climate in Atlanta results in less cold weather. I'll bet they end up on Peachtree Road, there are many auto, related businesses there.
Right, the difference is about 3%. Yet, at 6% in GA vs 9% in NJ, the deal isn't that great... If they were looking for a tax deal, they would have gone to TX or NV or something.
For whatever reason, LOTS of big companies incorporate in DE, though the tax rate is 8.7% apparently on gross receipts.
I wonder how severely the common GA taxpayer got screwed to get MB to move. After all, 3% when they could have done MUCH better elsewhere isn't that wonderful.
Its not sales tax...
Property tax? GA has half the tax rate of NJ roughly, but I doubt that MB owns THAT much RE.
Unemployment tax? Pretty much the same...
At the end of the day, GA is only 36th in terms of business climate. Higher than NJ for sure, but the money really is in the NE, not the SE, and 36th isn't much to write home about... when they could have done much better...
RE is cheap, maybe they're going to build a LOT of factories?
This map generally shows where the money is in the country, and it isn't GA. SO I guess the intent is to pay employees less...
So I wonder just how badly the common taxpayer of GA is getting reamed, paying their taxes, which hurt their bottom line, for a "business" move that doesn't look all that great. Ill bet a bunch of these costs which don't look THAT much better in GA than NJ are getting eaten by the common Joe Taxpayer - screwing him over. If it were someplace like TX, Id understand... but GA? Nope.
Originally Posted By: Tdbo
They have the right to locate wherever they desire.
What did NJ do retain their business?
At the end of the day, they made a business decision and it won't matter one iota to anyone who really wants an MB.
The tax burden in NJ is pretty rough, and what do they get in return? States are killing each other to grab business relocations, New York has a program of tax abatements for new business that seems to be working. Seems to me the climate in Atlanta results in less cold weather. I'll bet they end up on Peachtree Road, there are many auto, related businesses there.
Right, the difference is about 3%. Yet, at 6% in GA vs 9% in NJ, the deal isn't that great... If they were looking for a tax deal, they would have gone to TX or NV or something.
For whatever reason, LOTS of big companies incorporate in DE, though the tax rate is 8.7% apparently on gross receipts.
I wonder how severely the common GA taxpayer got screwed to get MB to move. After all, 3% when they could have done MUCH better elsewhere isn't that wonderful.
Its not sales tax...
Property tax? GA has half the tax rate of NJ roughly, but I doubt that MB owns THAT much RE.
Unemployment tax? Pretty much the same...
At the end of the day, GA is only 36th in terms of business climate. Higher than NJ for sure, but the money really is in the NE, not the SE, and 36th isn't much to write home about... when they could have done much better...
RE is cheap, maybe they're going to build a LOT of factories?
This map generally shows where the money is in the country, and it isn't GA. SO I guess the intent is to pay employees less...
So I wonder just how badly the common taxpayer of GA is getting reamed, paying their taxes, which hurt their bottom line, for a "business" move that doesn't look all that great. Ill bet a bunch of these costs which don't look THAT much better in GA than NJ are getting eaten by the common Joe Taxpayer - screwing him over. If it were someplace like TX, Id understand... but GA? Nope.
MB evidently thinks the move is favorable. They jumped at it.
Georgia may have sweetened the pot.
I'm sure a more favorable climate didn't hurt either.
I'll take a WAG and wager that the fact the Georgia is a Right to Work state provided the impetus for the move.
Georgia may have sweetened the pot.
I'm sure a more favorable climate didn't hurt either.
I'll take a WAG and wager that the fact the Georgia is a Right to Work state provided the impetus for the move.
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Slightly
but,
The head of finance in the North American division of my company and I talk frequently and he tells me he is always amazed that we have offices in California (7 of them) because the cost of doing business there is hard to justify (salaries, real estate, insurance, etc.). We have 1 office in NJ (was two, but we merged them) and it is also fairly expensive to operate there. Likely no perfect place though--there will always be some drawback or another.
The head of finance in the North American division of my company and I talk frequently and he tells me he is always amazed that we have offices in California (7 of them) because the cost of doing business there is hard to justify (salaries, real estate, insurance, etc.). We have 1 office in NJ (was two, but we merged them) and it is also fairly expensive to operate there. Likely no perfect place though--there will always be some drawback or another.
JHZR2
Staff member
Originally Posted By: Tdbo
MB evidently thinks the move is favorable. They jumped at it.
Georgia may have sweetened the pot.
I'm sure a more favorable climate didn't hurt either.
I'll take a WAG and wager that the fact the Georgia is a Right to Work state provided the impetus for the move.
Again, did Joe Taxpayer take it on the chin for that? Methinks so. GA gave up around $400M for Kia to get a good deal and move to West Point.
Incentives for Kia included: about $131 million in local tax abatements; another $250 million in state tax incentives; a $20 million training center to house the QuickStart program dedicated to training Kia’s workforce; and a rail spur from the nearby CSX line.
Difference there though is that the Kia plant and suppliers provide a LOT of jobs. Do we really think that MB is going to start building 300k cars a year in the USA????!? Even if they did, HQ need not be in the same state.
RTW is only really important for factories. And, I suspect that if they stayed elsewhere and built a factory in GA, it would still be RTW.
MBUSA only employs around 1600 people... Per their site.
Quote:
Over the following years, MBUSA grew into a nationwide organization, now employing over 1,600 people. The company also has 362 associated dealerships that employ over 22,000 people themselves.
MB evidently thinks the move is favorable. They jumped at it.
Georgia may have sweetened the pot.
I'm sure a more favorable climate didn't hurt either.
I'll take a WAG and wager that the fact the Georgia is a Right to Work state provided the impetus for the move.
Again, did Joe Taxpayer take it on the chin for that? Methinks so. GA gave up around $400M for Kia to get a good deal and move to West Point.
Incentives for Kia included: about $131 million in local tax abatements; another $250 million in state tax incentives; a $20 million training center to house the QuickStart program dedicated to training Kia’s workforce; and a rail spur from the nearby CSX line.
Difference there though is that the Kia plant and suppliers provide a LOT of jobs. Do we really think that MB is going to start building 300k cars a year in the USA????!? Even if they did, HQ need not be in the same state.
RTW is only really important for factories. And, I suspect that if they stayed elsewhere and built a factory in GA, it would still be RTW.
MBUSA only employs around 1600 people... Per their site.
Quote:
Over the following years, MBUSA grew into a nationwide organization, now employing over 1,600 people. The company also has 362 associated dealerships that employ over 22,000 people themselves.
JHZR2
Staff member
Originally Posted By: 2010_FX4
Slightly
but,
The head of finance in the North American division of my company and I talk frequently and he tells me he is always amazed that we have offices in California (7 of them) because the cost of doing business there is hard to justify (salaries, real estate, insurance, etc.). We have 1 office in NJ (was two, but we merged them) and it is also fairly expensive to operate there. Likely no perfect place though--there will always be some drawback or another.
Well, thats the mystery were trying to unravel
Slightly
The head of finance in the North American division of my company and I talk frequently and he tells me he is always amazed that we have offices in California (7 of them) because the cost of doing business there is hard to justify (salaries, real estate, insurance, etc.). We have 1 office in NJ (was two, but we merged them) and it is also fairly expensive to operate there. Likely no perfect place though--there will always be some drawback or another.
Well, thats the mystery were trying to unravel
I'm shocked that more companies haven't left Illinois at this point. Lousy weather, high taxes, corrupt government, terrible roads, high cost of labor..... there are few reasons for a company to have its headquarters here.
As soon as my parents are gone, I will be leaving Illinois as quickly as I can...
As soon as my parents are gone, I will be leaving Illinois as quickly as I can...
JHZR2
Staff member
Originally Posted By: moklock
The US assembly arm of M-B, Mercedes-Benz US International, employs many more (around 3,000) in the tiny town of Vance, AL. drawing people from Tuscaloosa and Birmingham to mostly to work there.
Yeah and per the maps I showed, AL seems a better business climate than GA...
Huntsville is a boom town with a lot of Government and other stuff going on there. There are a number of other great AL towns. I like AL. War Eagle.
The US assembly arm of M-B, Mercedes-Benz US International, employs many more (around 3,000) in the tiny town of Vance, AL. drawing people from Tuscaloosa and Birmingham to mostly to work there.
Yeah and per the maps I showed, AL seems a better business climate than GA...
Huntsville is a boom town with a lot of Government and other stuff going on there. There are a number of other great AL towns. I like AL. War Eagle.
How much does Mercedes pay its blue collar workers at the assembly plant ?
Originally Posted By: LT4 Vette
How much does Mercedes pay its blue collar workers at the assembly plant ?
Not sure. But MB isn't moving an assembly plant. They are moving North American headquarters, right? A lot like Toyota announced earlier in the year, moving their North American headquarters from California to Texas.
How much does Mercedes pay its blue collar workers at the assembly plant ?
Not sure. But MB isn't moving an assembly plant. They are moving North American headquarters, right? A lot like Toyota announced earlier in the year, moving their North American headquarters from California to Texas.
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