Gerber to move
New Jersey HQ to
Rosslyn
The Gerber baby is the latest to hand the Montgomery County Council their [briefcases] in our newest loss to Northern Virginia in the economic development sphere. 1812 North Moore in Rosslyn will be the new address for the baby food giant's world headquarters, bringing 150 more good jobs to Virginia. Gerber has leased 23392 SF of office space at the gleaming new office building.
Virginia Gov. Ralph Northam said the Commonwealth's latest defeat of Montgomery County
"reaffirms that Virginia is a prime location for headquarters operations." Gerber joins Northrop Grumman, Hilton Hotels, Volkswagen, Corporate Executive Board, Nestle and Intelsat in Northern Virginia's economic development trophy case. And those are just the ones in recent years -
Montgomery County, by contrast, hasn't attracted a single major corporate HQ in two decades, a humiliating comparison.
“Gaining the headquarters of the iconic Gerber brand is an important win for Arlington County and the Commonwealth, and we are thrilled to welcome Gerber to Virginia’s corporate roster,” Virginia's Secretary of Commerce and Trade Esther Lee said in a statement Monday. Virginia will give $862,500 and a Major Business Facility Tax Credit to Gerber. In return,
Arlington County will enjoy a $5 million headquarters investment by Gerber, and an estimated $4.2 million in net revenue as a result of the new HQ.
"We are thrilled to welcome Gerber to Arlington's business community," said Katie Cristol, Chair of the Arlington County Board. The Montgomery County Council? Not so much.
MoCo's latest economic development defeat comes on the heels of a
devastating report that the County has had the worst new business growth rate in the entire D.C. region; only tiny Falls Church City had a lower growth rate, and has only 12,000 residents to Montgomery's 1.4 million inhabitants.
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