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Mercedes-Benz, after more than 40 years in New Jersey, is considering moving its U.S. headquarters south to Georgia or North Carolina, according to media reports.

The Atlanta Business Chronicle first reported the possibility of the move Tuesday. A relocation would mark the end of the company's 42-year-old ties with Montvale, N.J., where Mercedes-Benz employs about 800 people.

Mercedes-Benz is also studying several cities in North Carolina, two people briefed on the matter told The Wall Street Journal.

Mercedes-Benz declined to comment.



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