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BMW announces $600M expansion as it celebrates 25 years

CEO Harald Krueger’s announcement Monday in part was in celebrating the German automaker’s 25th year of manufacturing in SC.Krueger says the expansion will boost the company’s workforce there to more than 10,000 people. It will be built at the plant in Greer alongside the BMW X4, X5 and X6.$200 million will be invested over the next five years at the plant for training and education of associates. Detroit’s three auto makers have signaled plans for thousands of new jobs, while Toyota Motor Corp. and Nissan Motor Co. have said they are investing in US manufacturing operations or considering major expansions.BMW’s Spartanburg plant is its largest in the world, employing more than 9,000 workers. Many of the Upstate-made vehicles are shipped overseas from the Port of Charleston’s Columbus Street Terminal. Henry McMaster and South Carolina Republican Sen.’I’m an American politician who likes German cars, ‘ GOP Rep.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.Suppliers and other vehicle manufacturers have followed BMW to the state in the ensuing decades.Since 2011, five global tire companies also have announced new plants or expansions in the state, which ranks first nationwide in tire exports.While BMW’s investment and plan to hire more workers in SC 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.