http://www.wyff4.com/news/bmw-announces ... t/25212998" onclick="window.open(this.href);return false;BMW announcement in brief:
$1 billion investment by 2016
Extends X family with new BMW X7
Increases plant capacity 50 percent with up to 450,000 vehicles
Creates 800 new jobs
Starts production of the new BMW X4
Celebrates 20 years of production in the USA
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The news tonight said that SC invested $130M 20 yrs ago in the form of tax incentives, roads,etc. to recruit them here. Since then, they (along with suppliers) have generated $8.8B to the economy. It now becomes BMW's largest plant, making X4 and X7 models.
Downside is that the Upstate isn't exactly North Dakota with employment, but we're doing quite well during the recession. On the other side, we're not North Dakota in general.






