Woodcliff Lake, New Jersey – The BMW Group has announced it will be investing over US$1 billion in the United States by 2012, including a new administration and training centre, new regional parts distribution centres and an expansion of its assembly plant. The company sold over 336,000 BMW, Mini and Rolls Royce vehicles in the country in 2007.
The company’s U.S. headquarters in Woodcliff Lake, New Jersey will be expanded, at a cost of US$100 million. New buildings were opened on June 12, including facilities for engineering operations and training; a workforce of approximately 1,000 people will be employed at the extended site.
A further US$170 million will be invested by the end of the year in two new regional parts distribution centres in Pennsylvania and Illinois, which will bring the number of U.S. distribution centres to six.
The company will also spend US$750 million to expand its plant in Spartanburg, South Carolina. This will increase capacity from 160,000 to 240,000 units by 2012, and increase the size of the plant by 60 per cent and 500 new jobs. After expansion, the plant will produce the X5, X6 and X3 models for world markets.