Incentives offered by the state of Georgia to lure Mercedes-Benz USA to Georgia total about $23 million, or more than $24,000 a job, if the company adds 950 jobs, The Atlanta Journal-Constitution is reporting.

The ajc.com website said the newspaper based it calculations on figures from a letter a state official sent to company in December. The company announced last week it was moving its American headquarters from New Jersey to Atlanta and said it would locate in the Perimeter area.

Ajc.com said local incentives, which were not disclosed in the letter, could cause the total and per job figure to rise.

For more: www.ajc.com/news/business/state-incentives-to-mercedes-more-than-24k-per-job/njm3Y/