Homepage / Currency / BMW adding 1,000 jobs at South Carolina plant
“gerçek Parayla En Iyi Slot Makineleri Ve Spor Bahisler test Users535352253 Due Diligence Blog Digital Data Rooms for the Netherlands Board Room Apps Secure Board Management With Secure Board Portals What Happens at Board of Directors Meetings? Board Room Software Review How to Prepare Board Rooms for Effective Board Meetings Board Room Software Boosts Performance and Communication Selecting a Secure Data Room Review Local Data Room Service Review How to Find the Best Virtual Data Room Review What to Look for in a Data Room uk Provider Document Storage and Distribution Software Everything About VDRs Corporate Software Advantages How to Choose a Virtual Data Room Provider The Most Secure Way to Transfer Files How to Manage Online Board Meetings Benefits Virtual Data Room Solutions – Must-Haves for M&A and Due Diligence Best Data Room Functions for the Different Types of Industries How to Choose a VDR Software Provider How to Choose an Online Board Portal The Benefits of a Boardroom Review Board Room Online Solutions – How to Get the Most Out of Your Board Meetings Why You Need a Board Room How a Board Room Blog Can Transform Your Business Choosing the Best Board Room Format How to Have Productive and Engaging Board Directors Meetings Choosing the Right Virtual Data Room How to Keep Safe Documents Storage Teaching Kids About Online Safety Avoid Costly Mistakes With Free Data Room Services Corporate Virtual Data Secure Online Data Rooms Solutions How to Keep Share, Edit and Delete Your Data Safe Virtual Data Room Software Secrets for M&A Due Diligence What to Look For in Boardroom Providers Board of Directors Blog Posts How to Deliver Value at Your Board Meetings How to Have Effective Board Meetings Responsibilities of Board Members Deal Management – How to Effectively Manage a Complex Sales Pipeline Data Rooms For Mergers And Acquisitions How to Have a Successful Board Room Meeting Choosing a Board Room Service Provider What is a Board Room Service? Board Room Software Review – Choosing the Best Portal for Mother Board Meetings Why a Board Room Providers Review Is Important What Is a Board Room Review? Venture Software for VC Firms What Is an Assessment Report? The Importance of a Tech Audit Popular Business Applications What to Look For in a Data Room App What Are Business Applications? How to Choose a Virtual Data Room How to Plan a Data Room Review Coronavirus Guide What is a Virtual Data Room? What Is Data Science? What Is an Operating System? Turbotax Small Business Review How Online VDRs Are Used in M&A Deals Why Choose VDR Software? The Power of Business Software The Benefits of a Software Board Online Data Room Review The Importance of Tech Knowledge Improving Accuracy of Financial Data Online Business Records – How to Keep Your Online Business Records Accurate and Secure What is a Board Portal De? DealRoom Review – A Review of VDR Software M&A Due Diligence for Private Companies The Virtual Data Room Review Why Companies Use a Data Room Review to Facilitate M&A Transactions The Best File Sharing Services How Online VDRs Are Used in M&A Deals Best Virtual Data Room How to Choose a Best Board Room Provider Choosing a Data Room for Due Diligence What Is a Data Room Business Software? Best Data Room Providers Review Data Room Providers Review Mostbet Tr Resmî Web Sitesinde Giriş Ve Kayıt Olm Kumar Oynamak Için En Iyi Yerdir The Benefits of Cloud Data Services for Enterprises Online Data Room and SSL How to Build a Diverse Board of Directors Best Virtual Data Review A Data Room Service Review How Runn Makes Project Data Accessible, Accurate and Shareable Five Pillars of Information Protection The Importance of Online Business Reports Benefits of Colocation Services Virtual Data Rooms Guide Choosing a Business Virtual Data Room Choosing the Right VDR Service Review

Currency

BMW adding 1,000 jobs at South Carolina plant

BMW’s biggest plant in the world is about to get a little bigger.

The German automaker said Monday it will add another 1,000 jobs and invest $600 million in the plant as part of a plan to boost annual production to as many 450,000 vehicles annually.

“It’s a great day for us here in Spartanburg and South Carolina and for the BMW group,” said Harald Kruger, chairman of BMW. “The workforce will be well above 10,000 people, which is, in my view, clearly a symbol of success.”

BMW’s facility in Spartanburg is already the company’s largest final assembly plant in the world, employing more than 9,000 workers and building more than 411,000 SUVs and crossovers last year.

Kruger marked the 25th anniversary of announcing plans to build the South Carolina plant by unveiling the newest version of the X3 crossover utility vehicle.

While BMW’s investment and plan to hire more workers in South Carolina will be welcomed by President Donald Trump, the move comes just months after the president blasted German automakers as part of a broader complaint about Germany’s trade surplus with the U.S.

“You can build cars in the United States, but for every car that comes to the USA, you will pay a 35 percent tax,” Trump told the German newspaper Bild earlier this year.

Kruger denies BMW is spending and hiring in South Carolina as a way to placate the president.

“There was already planning before [Trump’s election], because we have long-term strategic planning, but also the success of the U.S. market is something that was, for us, important,” he said.

Kruger, along with German Chancellor Angela Merkel, met with Trump in March and he is well aware these are delicate times for automakers in the U.S.

The president is moving to renegotiate NAFTA and many are wondering what type of tariff, if any, could be slapped on autos imported from Mexico and Canada. Last year, those two countries supplied about 20 percent of the 17.5 million vehicles sold in the U.S.

Under pressure from the White House, Ford has scrapped plans to build a new small car assembly plant in Mexico, but BMW is not changing its expansion plans south of the border.
The company is building a final assembly plant in San Luis Pitosi, Mexico, scheduled to open in 2019 that will manufacture the company’s most popular vehicle, the 3 Series.

As for a possible tariff on imported vehicles, Kruger is not worried after his conversations with the president.

“We explained, when I was in Washington with the German chancellor and had the opportunity to talk about our business here in Spartanburg, and the president acknowledged how successful our operation is here in South Carolina,” said Kruger. “I could argue and explain that one to the president that our success is based on free trade because we are the biggest net exporter for the United States.”

Source: cnbc economy
BMW adding 1,000 jobs at South Carolina plant

Comments are closed.