Company/Division name | BMW |
Parent company | BMW AG |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2022 |
Capital investment ($): | 700 |
City reshored to: | Woodruff |
State(s) reshored to: | SC |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | battery |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption risk/Natural disaster risk/Political instability |
What domestic positive factors made reshoring more attractive? | Automation/technology, Government Incentives, Skilled workforce availability/training |
Government Incentive dollar amount: | $65 million Closing Fund gran |