 Despite incentive offers from the State of New Jersey to remain in Bergen County, Mercedes-Benz cited proximity to manufacturing facilities and a growing customer base in the southeast in addition to as much as $50 million in tax incentives from Georgia governmental agencies.The borough was the world headquarters for The Great Atlantic & Pacific Tea Company (parent company of supermarket chains including A&P Markets, Pathmark and Waldbaum's) from the 1970s until its bankruptcy in 2015.Montvale is home to the operational headquarters of Ingersoll Rand, Pentax and KPMG have a large local presence.