BMW announced last month that a $900 million investment is expected to generate 300 new jobs in South Carolina by expanding its X-model family. The production of the new BMWX4 will occur at the Spartanburg, South Caronlia plant. The production requires, not only a significant investment, but a number a new jobs to help prepare the facility for the new model.
“I am delighted to announce today, over the next three years, we plan to invest nearly $900 million. With this investment, we will be able to produce 350,000 units here in the mid-term,” said Frank Peter Arndt, BMW Group Board Member. “This is one reaction to the rising global demand for our BMW X Models.”
The plant plans to raise production capacities up to 300,000 units, and by the end of the year, the plant will have nearly 7,500 employees.
BMW is seeing a great economic success despite all economic odds. The partnership between the company and the state of <a href=”http://www.scautoindustry.com/news-room/press-releases/bmw-announces-plant-expansion-spartanburg-county” target=”_blank”>South Carolina </a>is an example of how the South Carolina plans to retain and grow business and stimulate job creation.
The total investment to the state is nearly $6 billion since 1992 with the development of over 2 million vehicles.