Mercedes-Benz Financial Services announced plans to construct a new national business operations center in Fort Worth, Texas, not far from its current location.
Construction on the 200,000-square-foot facility is slated to begin in early 2018 in the business park of AllianceTexas. The building is scheduled to open in early 2019 and will retain 900 direct and indirect jobs in the Fort Worth area.
While the captive’s parent company Daimler Financial Services Group is headquartered in Stuttgart, Germany, Mercedes-Benz Financial Services has held a presence in Texas since 1991. The lender centralized its national operations in Fort Worth back in 2007.
“Identifying the ideal, local solution was a priority, reflecting our commitment to the talented team in our operations center,” said Peter Zieringer, president and chief executive of MBFS. “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.”
Earlier this year, reports claimed Daimler AG may look to split up the Mercedes operation into three separate entities: Mercedes-Benz cars and vans, Mercedes-Benz trucks and buses, and Mercedes-Benz Financial Services. The move is not related to these reports, a spokeswoman with Mercedes-Benz Financial Services told Auto Finance News.
The company is also involved in a number of mobility solutions including Car2Go, MyTaxi, and Moovel as well as investments in mobile lending solutions such as AutoGravity and Turo.
This story has been updated to include comment from the company.
