Company/Division name | BMW |
Parent company | BMW 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) reshored | Electric vehiclesEV |
What domestic positive factors made reshoring more attractive? | Automation/technology, Government Incentives |