BMW invests $400 mln to expand S. Carolina plant

Newswire

SPARTANBURG, S.C., Sept 26 (Reuters) - German automaker BMW AG said on Thursday it will invest $400 million to expand its Spartanburg, South Carolina plant, where it builds the X5 sport utility vehicle and the new Z4 roadster. BMW, Germany's third largest automaker, said the expansion which will create 400 new jobs, will expand capacity at the plant to more than 150,000 vehicles annually from more 120,000 previously. The expansion is part of BMW's efforts to grow its sales worldwide by ...

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