Bucolic Spartanburg, SC, will get a new boost when BMW drops $900 million on the plant to expand its capacity to 350,000 units per year. Spartanburg will become one of the world’s largest BMW plants. The BMW Group already invested USD 750 million in the expansion of the plant for production of the new BMW X3 between 2008 and 2010. Now, the plant is being expanded again to make room for the X4.
Last year, the BMW plant in Spartanburg produced 276,065 vehicles for more than 130 markets around the world, an increase of 73 percent over the previous year.
Much to the delight of SC governor Nikki Haley, BMW’s total investment in South Carolina will grow to approximately $6 billion.
Little known factoid: More than 70 percent of the vehicles produced in Spartanburg (192,813) were exported, making the BMW Group the largest automotive exporter to the non-NAFTA countries.