21 July, 2018 - 23 July, 2018
23 July, 2018 - 24 July, 2018
New York NY, U.S
01 August, 2018 - 03 August, 2018
24 August, 2018 - 26 August, 2018
28 August, 2018 - 28 August, 2018
The manufacturing plant located in Spartanburg, South Carolina, U.S., is to become BMW’s largest production location within 25 years.
Premium automotive manufacturer BMW has announced it will expand its plant in Spartanburg to produce the BMW X models. The Group says it has invested US$8 billion in the production location to date and produced around 3.9 million vehicles since going online in September 1994. “From 2018 to 2021 we will invest further US$600 million US dollars in manufacturing infrastructure for future generations of the BMW X models,” said Harald Krüger, Chairman of the Board of Management, BMW AG. At present, the plant is getting ready for production of the all-new BMW X7, which will be launched onto the market in late 2018.
The German carmaker produces the BMW X series in Spartanburg for the U.S. and global markets. With record production of more than 411,000 units in 2016, Spartanburg is the largest BMW Group plant worldwide. Around 1,400 BMW X3, X4, X5, and X6 vehicles come off the assembly line every working day, according to the manufacturer. Maximum production capacity is 450,000 vehicles per year.
Around 70% of the vehicles produced in Spartanburg are exported to more than 140 countries worldwide. According to the U.S. Department of Commerce, the BMW Group is the largest vehicle exporter from the U.S. in terms of monetary value. In 2016, 287,700 BMW vehicles with a total value of more than US$10 billion were exported from the site.
The plant currently employs over 9,000 people and the manufacturer expects to create another 1,000 jobs by 2021.