Automaker to invest $100 million in plant
BMW plans to invest another $100 million in its Spartanburg County plant with intent to focus on export operations and the X3 SKD program.
The funds will reportedly be used to streamline its export operation from the plant and launch its new X3 Semi-Knocked Down (SKD) program. Under the SKD program, the company will ship 4,000 painted X3 body shells for assembly in emerging markets worldwide.
The plant, which is the production hub for BMW's X model Sports Activity Vehicles, is also expected to increase output by 51% this year to 240,000 vehicles.
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- Edited by Amanda McLeman, Plant Engineering, www.plantengineering.com
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After almost a decade of uncertainty, the confidence of plant floor managers is soaring. Even with a number of challenges and while implementing new technologies, there is a renewed sense of optimism among plant managers about their business and their future.
The respondents to the 2014 Plant Engineering Salary Survey come from throughout the U.S. and serve a variety of industries, but they are uniform in their optimism about manufacturing. This year’s survey found 79% consider manufacturing a secure career. That’s up from 75% in 2013 and significantly higher than the 63% figure when Plant Engineering first started asking that question a decade ago.