Mercedes-Benz Financial Services recently announced it will lease a new 200,000 square-foot facility at AllianceTexas in Fort Worth, Texas. The new building will serve as Mercedes-Benz Financial Services’ national business operations center, with a scheduled opening in early 2019. One of its divisions will finance and insure Sprinters.
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.
“The only way to sustain our current success is through continuous improvement,” said Peter Zieringer, president and 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 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.”