BMW announces it will invest $1 Billion in its Greer Facility

See Video from FOX Carolina 21

According to a NY Times Article,

FRANKFURT — BMW said on Friday that it would invest $1 billion over the next two years in its factory in Spartanburg, S.C., which will become the German carmaker’s largest production site.

The expansion will add 800 jobs in Spartanburg and increase the plant’s capacity by 50 percent in 2016, BMW said. In addition, the plant will begin to produce a new, large crossover vehicle.

Expansion of the plant had been expected, but BMW did not disclose the scope of its investment until Friday at an event that Penny Pritzker, the secretary of commerce for the United States, and Nikki Haley, governor of South Carolina, planned to attend.

For the rest of the New York Times Story, Click Here.

About Dr. Robert Stevenson

Check Also

Lidl grocery store set to open soon in Greenwood

Lidl grocery store set to open soon in Greenwood

Coming soon to Greenwood, Lidl grocery store. High quality. Low prices. Hassle-free shopping that gets you in and out. A product assortment and store layout that’s refreshingly simple, yet full of surprises to discover at every visit. Lidl is not your cookie-cutter grocery store. We’re revolutionizing grocery shopping. We have a less complicated process that allows us to simply deliver low prices, high quality, and the best shopping experience for our customers. Here’s how we do it: