Quote:
Originally Posted by testarossa50
It's something much smaller, more or less a replacement of existing local operations.
They just had a massive HQ project in NJ.
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BMW spent $100 Million on their NJ HQ in 2011 and honestly it is nothing to write home about and not necessarily massive. Just from a corporate tax perspective, moving to GA would cover that cost in a couple of years. NJ has the highest state corporate taxes in the US. Also, BMW could sell or sublet their space in NJ so its investment would not be a complete loss.
I very much think it is a realistic possibility BMW could be scouting a move South and Atlanta would be the primary target because of our airport and taxes. Not to mention Atlanta is already home to Porsche and Mercedes. I would love to see BMW get naming rights to Philips Arena too. Also on my wish would be a auto museum in Downtown filled with BMW's, Mercedes and Porsches.
http://taxfoundation.org/article/201...-climate-index
http://www.bimmerfest.com/forums/sho...d.php?t=291909
