"Sputnik News" said : BMW Announces $600Mln South Carolina Auto Plant Expansion

The Spartanburg plant employs more than 9,000 people and by 2021, the company expects to addanother 1,000 jobs, according to Kruger, who called BMW's success in South Carolina a victory for free trade. "From 2018 to 2021 we will invest further $600 million US in manufacturing infrastructure for future generations of the BMW X models," Kruger said. Since the first car rolled off the Spartanburg assembly line on September 8, 1994, the plant has manufactured about 3.9 million vehicles, the release noted. © AFP 2017/ DPA/ JAN WOITAS BMW Announces Deal With 3D Metal Printing CompanyWASHINGTON (Sputnik) – The German automaker BMW is planning to invest an additional $600 million in its Spartanburg, South Carolina plant, which is already the company's largest manufacturing facility anywhere in the world, BMW Chairman of the Board of Management Harald Kruger told guests at a ceremony marking the facility's 25th anniversary on Monday. In the past 25 years, BMW has invested $8 billion in the facility, which is the company's largest assembly plant in the world and the largest US exporter of automobiles based on market value, a press release describing the ceremony explained.


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BMW Takes Aim at Trump While Adding Jobs In South Carolina For New X3 Crossover

BMW GroupSPARTANBURG, S.C. – BMW used the reveal of its new X3 compact crossover here on Monday to make a veiled response to the Trump administration's protectionist trade policies and its criticism of BMW and other foreign automakers. Launched in 2003 and last redesigned seven years ago, the X3 has been BMW's most popular crossover so far this year and only slightly trails the 3-Series in sales. Its latest incarnation, expected at dealerships in November, is curvier and more dynamic than the outgoing model. More than 70% of the vehicles built here are exported, a fact Sen. Lindsey Graham and South Carolina Governor Henry McMaster underscored in remarks to an overflow audience at the factory. "I love this number," said BMW Manufacturing President and CEO Knudt Flor.


— Bloomberg NewsAUTO INDUSTRYBMW to expand South Carolina plantBMW said Monday that it will invest an additional $600 million to expand its South Carolina plant, adding 1,000 new jobs over the next four years. Orders for durable goods — items meant to last at least three years — slid 1.1 percent in May, the Commerce Department said Monday. BMW, which has already invested $8 billion in South Carolina, also unveiled its 2018 BMW X3, a compact sports vehicle expected to be available in November. LAWSUITSSupreme Court to hear whistleblower caseThe U.S. Supreme Court has agreed to consider the reach of an anti-retaliation provision in the 2010 Dodd-Frank financial law in a case that could insulate publicly traded companies from some whistleblower lawsuits. Digital Realty contends that Dodd-Frank authorizes whistleblower lawsuits only by people who have reported the alleged misconduct to the Securities and Exchange Commission.


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