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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2012 Salary Survey
In a year when manufacturing continued to lead the economic rebound, it makes sense that plant manager bonuses rebounded. Plant Engineering’s annual Salary Survey shows both wages and bonuses rose in 2012 after a retreat the year before.
Average salary across all job titles for plant floor management rose 3.5% to $95,446, and bonus compensation jumped to $15,162, a 4.2% increase from the 2010 level and double the 2011 total, which showed a sharp drop in bonus.