“I am delighted to announce today, over the next three years we plan to invest nearly $900-million U.S. dollars. With this investment, we will be able to produce 350,000 units here in the mid-term.” That’s Frank-Peter Arndt, BMW Group board member responsible for production, speaking today about the investment that the company is making to up the capacity to manufacture its line of X models in the Spartanburg, South Carolina, plant.
The announcement was made coincident with the production of the two-millionth vehicle to roll off the line at the plant—a Vermillion Red Metallic X3 xDrive35i. The BMW Manufacturing Co. plant went into production in 1994.
In 2011 276,065 vehicles were produced at the plant, of which 192,813 were exported. The plant builds the BMW X3, X5 and X6 vehicles. It will be adding the X4.
The company also announced that it is adding 300 jobs, so that by the end of 2012 there will be employment of approximately 7,500 people in the more than 4-million-square-foot facility.