Mercedes Benz USA to move it's Headquarters from New Jersey to Atlanta
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
You have to account for all the companies moving out of Manhattan and Philadelphia into NJ. JPMC, Fidelity, NBC, News Corp, USB, etc. While the HQs are staying in their respective cities, they are shrinking and majority of the jobs are moving into NJ.
AC was lost years ago. You're going to need the larger cap companies like Johnson & Johnson, ADP, American Standard, Merck, Panasonic, Campbell Soup, Honeywell, Prudential, etc. to move out of NJ before suggesting that it's going to end up like Long Island.
Pfizer left. That compound in Parsippany has gone mostly unoccupied for nearly 10 years. I know a couple of people who worked for them that never recovered when they pulled out of the region.