Company/Division name | BMW Group |
Parent company | BMW Group |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 300 |
Year reshoring announced: | 2023 |
Year reshoring implemented or to be implemented: | 2026 |
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) reshored | high-voltage batteries |
What non-domestic negative factors made offshoring less attractive? | Green considerations |
What domestic positive factors made reshoring more attractive? | Government Incentives, IRA |