Economy

BMW announces $600M expansion as it celebrates 25 years

BMW announces $600M expansion as it celebrates 25 years”

It's also the largest USA exporter of automobiles.

"BMW is the company that, in many ways, put SC on the map when its leadership made a decision to build its first North American manufacturing facility in Greenville 25 years ago", Gov. Henry McMaster said in a statement Monday. While Trump's early pronouncements targeting carmakers have receded as other political fires consume his time, the growth at the Spartanburg site helps the second-biggest luxury carmaker build goodwill with the White House and guard against the attacks returning. The plant now employs over 9,000 people and produced 411,000 vehicles previous year.

Читайте также: General Motors Company (NYSE:GM) Sees Volume Pop in Session

That will bring the BMW workforce in Spartanburg County to more than 10,000 people, Krueger said at the company's celebration of 25 years in Upstate South Carolina. Production climbed to a record 411,000 units past year, with about 70 percent of those vehicles exported. The investment, which is expected to run from 2018 through 2021 will add 1,000 jobs, the company said.

The company says the SC plant is its largest worldwide for the popular X models.

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