The FINANCIAL — The BMW Group is expanding capacity at its U.S. plant in Spartanburg. The BMW Group already invested USD 750 million in the expansion of the plant for production of the new BMW X3 between 2008 and 2010, according to BMW.
The Governor of the State of South Carolina, Nikki Haley, speaks at the ceremony, saying: “BMW has once again provided tremendous evidence that South Carolina is a blueprint for significant economic development success. The partnership between this company and our State is an enduring example of how to attract, retain and grow business to stimulate perpetual job creation.”
Last year, the BMW plant in Spartanburg produced 276,065 vehicles for more than 130 markets around the world, representing an increase of 73% over the previous year. The BMW X3 also played a major role in this positive development. Global sales of this highly-successful model rose 156% in 2011 to reach a total of 117,944 vehicles.
More than 70% of the vehicles produced in Spartanburg were exported, making the BMW Group the largest automotive exporter to the non-NAFTA countries.
BMW’s Spartanburg plant is state-of-the-art in terms of environmental protection. Advanced production processes have made vehicle production even more environmentally-compatible: Over the past five years, it was possible to lower energy consumption by 48%, halve water consumption, reduce CO2 emissions by 44% and waste by 65% by car. In 2010, for example, the Spartanburg plant generated almost 62 million kilowatt hours of electricity from a methane gas energy centre located on the grounds of the facility and supplied by a local landfill. This accounts for over 37% of the entire plant’s total electrical demand.