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BMW Announces 800 Jobs, $1B Investment, New X7 In SC

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This expansion means Spartanburg will have the largest production capacity of any plant in BMW's global production network. This expansion means Spartanburg will have the largest production capacity of any plant in BMW's global production network.
GREER, S.C. -

BMW is expanding its presence in the Upstate.

Friday, the automaker celebrated 20 years of production in the United States by announcing plans to invest $1 billion at its Spartanburg County plant. The investment is expected to create an additional 800 jobs by 2016, increasing the facility's total workforce to 8,800.

During Friday's event, the company also announced its Spartanburg facility will begin building the new BMW X7.

"We will expand the plant's annual production capacity by 50% up to 450,000 vehicles by the end of 2016. Today's capacity is around 300,000 vehicles," said BMW CEO, Dr. Norbert Reithofer.

This expansion means Spartanburg will have the largest production capacity of any plant in BMW's global production network. Today's event also celebrated the start of production of the all-new BMW X4. In the near future, a plug-in hybrid version of the BMW X5 will also be produced here.

Since production began 20 years ago, in 1994, the Spartanburg plant has produced over 2.6 million vehicles for BMW customers around the world. Currently the BMW X3, X5, X5 M, X6 and X6 M are all produced at the plant.

"The state of South Carolina has supported us as a valuable and reliable partner throughout our 20-year involvement in the region - making the United States our second home," said Harald Krüger, Board of Management member for Production.

A new study by the Moore School of Business at the University of South Carolina reports the BMW Group has a $16.6 billion impact on the state's economy each year.

Its presence in the Palmetto State also supports more than 30,000 jobs throughout the state. The study found every job created at the BMW plant creates an additional three jobs elsewhere through the economic multiplier effect.

BMW has 40 suppliers in SC, in 11 different counties.

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