BMW Battery Supplier Invests $810 Million in South Carolina Plant

Date Published12/06/2022
Author NameGabrielle Coppola
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name BMW
Parent companyBMW AG
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2030
Capital investment ($):1700
Country(ies) from which reshored:Germany
City reshored to:Spartanburg
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredElectric vehiclesEV
What domestic positive factors made reshoring more attractive?Automation/technology, Government Incentives
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