BMW Group Plans $1.7B EV Infrastructure Investment in US

URLhttps://www.industryweek.com/technology-and-iiot/a
SourceIndustry Week
Date Published10/19/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name BMW Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):300
Year reshoring announced:2022
Domestically, the work will be done:In-house
Capital investment ($):700
Country(ies) from which reshored:Germany
City reshored to:Woodruff
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredlithium-ion cells
What domestic positive factors made reshoring more attractive?Proximity to customers/market, Skilled workforce availability/training
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