Mercedes-Benz says it's moving its U.S. headquarters from New Jersey to Atlanta, in part to be closer to its manufacturing facility in Alabama.
The company announced its plans Tuesday.
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The decision comes after weeks of lobbying by New Jersey officials who sought to keep the company in Montvale, at a campus that's about a five-minute drive from BMW's North American headquarters.
About 1,000 jobs are to be moved starting in July. The company says it will move first to a temporary facility in Atlanta before moving into a new facility in about two years.
Under a law passed in 2013, New Jersey could offer the company many incentives, including $15 million in one aimed specifically at U.S. offices of car companies.