Columbia, S.C. - 28 March 2014 - BMW will expand its plant in Spartanburg County, South Carolina with a $1 billion investment, which is expected to create 800 new jobs. The expansion includes the addition of a fifth vehicle platform at the plant - the X7 - and it will increase production capacity from 350,000 units to 450,000 units annually, making the Spartanburg facility the highest-capacity plant in the BMW global system by the end of 2016.
Since the original decision to build BMW's only U.S. plant in South Carolina in 1992, BMW's investment in South Carolina has totaled $6.3 billion. Today's announcement represents its largest, single investment to date in its South Carolina presence and the fifth major expansion of the plant. Employment has grown significantly from 500 in 1994 to an expected 8,000 by the end of this year.
BMW's Spartanburg facility produced 297,326 vehicles in 2013 for 140 global markets. More than 70 percent of the vehicles produced (210,670 units) were exported, with the automaker being the Port of Charleston's top user by cargo value as well as a major customer of the new South Carolina Inland Port in Greer.
South Carolina's automotive industry has quadrupled in the past two decades, according to South Carolina Department of Commerce data. The sector employs approximately 46,700 South Carolinians at more than 250 firms. Automotive-related companies are presently in 38 of the state's 46 counties.
"BMW's decision to locate in South Carolina was a game-changer 20 years ago, and today's commitment of another $1 billion investment and 800 jobs in Spartanburg County is another game-changing moment. This is a real testament to our strong business environment and skilled workforce and we couldn't be more excited to see BMW continuing to grow and invest in our state for many years to come." said Governor Nikki Haley
BMW Manufacturing Co. is a subsidiary of BMW AG in Munich, Germany and is the global producer of the BMW X3 and X5 Sports Activity Vehicles and X4 and X6 Sports Activity Coupes. In addition to the South Carolina manufacturing facility, BMW North American subsidiaries include sales, marketing and financial services operations in the United States, Canada and throughout Latin America; and a design firm and technology office in California.
Source: South Carolina Department of Commerce