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.
German automaker BMW plans to invest an additional $100 million in the 4 million sq-ft facility this year, according to GoUpstate.com.
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.
Read the full-length article here.
- Edited by Amanda McLeman, Plant Engineering, www.plantengineering.com
- Related News:
Report: Hyundai mulls second manufacturing plant in U.S. - 17.01.2011 14:30- BMW Spartanburg plant expansion complete - 15.10.2010 14:15
- America's shifting auto jobs landscape - 01.06.2009 14:52
Case Study Database
Get more exposure for your case study by uploading it to the Plant Engineering case study database, where end-users can identify relevant solutions and explore what the experts are doing to effectively implement a variety of technology and productivity related projects.
These case studies provide examples of how knowledgeable solution providers have used technology, processes and people to create effective and successful implementations in real-world situations. Case studies can be completed by filling out a simple online form where you can outline the project title, abstract, and full story in 1500 words or less; upload photos, videos and a logo.
Click here to visit the Case Study Database and upload your case study.
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.