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Mercedes-Benz Financial Services USA Eyes Fort Worth, Texas Operations Hub

12/22/2017
Mercedes-Benz Financial Services USA will lease a build-to-suit, 200,000 square-foot, facility at AllianceTexas in Fort Worth, Texas.

According to company officials, the new building will serve as Mercedes-Benz Financial Services' national business operations center, with a scheduled opening in early 2019. Approximately 900 direct and indirect jobs will be retained in Fort Worth as a result of the company's decision to relocate to a new site near its current operations center.

"Our success has been rooted in our employees, nine out of ten of whom say that Mercedes-Benz Financial Services is a great place to work. The only way to sustain our current success is through continuous improvement," said Peter Zieringer, President & CEO of Mercedes-Benz Financial Services. "This project and a new, state-of-the-art operations center, will enable us to reshape the way we work, so that our environment matches the activities we do every day."

Mercedes-Benz Financial Services is a leading captive, automotive financial services provider and a company of Daimler Financial Services Group, headquartered in Stuttgart, Germany.

Its core business is to provide financial services and products for Daimler's customers and dealers, while supporting the sales of Daimler vehicles, including Mercedes-Benz cars, SUVs and vans, as well as smart vehicles. Its Daimler Truck Financial division finances and insures Daimler Trucks North America commercial vehicles that include: Freightliner Trucks; Western Star Trucks; Thomas Built Buses; Sprinter; and FUSO brands.

The company has maintained a presence in Texas since 1991, and in 2007, it centralized operations from several locations throughout the U.S. to its current location at AllianceTexas in Fort Worth.

"I'm delighted that Mercedes-Benz Financial Services has redoubled its commitment to the city of Fort Worth," said Fort Worth Mayor Betsy Price. "Having them here underscores the dynamic competitive environment in our growing community in North Fort Worth, and Mercedes-Benz Financial Services is truly the shining star in our business mosaic."

"Identifying the ideal, local solution was a priority, reflecting our commitment to the talented team in our operations center," added Zieringer "The location for our new business operations center, less than one mile north of our current office, offers amenities, such as a scenic lake and walking trail, not feasible in our current location. We believe these environmental improvements, coupled with technologically advanced facilities, will help us maintain a strong and inspired employee community."

"Hillwood and Mercedes-Benz Financial Services have been partners for more than a decade, and we're proud that the company will continue to call AllianceTexas home," said Mike Berry, President of Hillwood. "This new building will be tailored to meet the growing needs of Mercedes-Benz Financial Services employees, as well as help the company recruit top talent, by maintaining access to the convenience, connectivity and variety of amenities that AllianceTexas has to offer."

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