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German automaker BMW rolled out Wednesday a $1.7 billion investment in South Carolina as part of its conversion to an electric vehicle line, which includes the construction of a $700 million high ...
The BMW Manufacturing Co., LLC, also known as BMW Spartanburg, is the BMW Group's only assembly facility in the United States, and is located in Greer, South Carolina. [11] The plant is currently BMW's major global production site for the X3, X4, X5, X6, X7, and XM crossover SUVs, [ 12 ] whose biggest market is the U.S., while other BMW models ...
A 2014 economic impact study conducted by the University of South Carolina Darla Moore School of Business found that since Boeing's arrival the aerospace manufacturing cluster within the state has generated almost the same amount of jobs per year as the BMW plant did in the upstate from 1990 to 2007.
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Prior to the 1980s, most manufacturing facilities were owned by the Big Three (GM, Ford, Chrysler) and AMC. Their U.S. market share has dropped steadily as numerous foreign-owned car companies have built factories in the U.S. As of 2012, Toyota had 31,000 U.S. employees, compared to Ford's 80,000 and Chrysler's 71,100. [13]
BMW plans to invest $1.7 billion to build at least six EV models in the U.S. by the end of the decade. The investment announced Wednesday includes $1 billion toward BMW’s factory in Spartanburg ...
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