BMW unfolds $600m expansion agenda

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BMW is to invest an additional $600 million to expand its South Carolina plant. The expansion is scheduled to create 1000 new jobs over the next four years.

  The Chief Executive Officer, Harald Krueger’s announcement coincided with the German automaker’s celebration of 25 years of manufacturing in the state.

  Already, BMW, which has invested $8-billion in South Carolina, also unveiled its 2018 BMW X3, a compact sports vehicle expected to be available in November. It will be built at the plant in Greer alongside the BMW X4, X5 and X6.

  According to the auto firm, the expansion will boost its workforce to more than 10 000 people, adding that BMW will separately invest $200-million over five years on workforce training.
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