BMW has announced plans to invest $750million (£373 million) in increasing its industrial presence in the United States.
The company’s Spartanburg, South Carolina plant is to be the beneficiary of the investment, with hopes to increase production there from 160,000 to 240,000 units by 2012. The plans are likely to create 500 new jobs at the facility, which is to produce the BMW X3, X5 and X6 models for the international marketplace. “The…
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