BMW adding 1,000 jobs to South Carolina plant

[WVPATX]

YAY trump.

Oh wait, this was in March 2014. DOH!

https://www.nytimes.com/2014/03/29/...ion-to-expand-its-south-carolina-factory.html

LOL. Nice try. These are two separate expansions: From 2014:

BMW said Friday it would spend $1 billion to boost production at its South Carolina assembly plant by 50 percent in the next two years, one more sign that the United States has become a competitive site for manufacturing and an attractive staging ground for exports.

It will be the fifth expansion of the Spartanburg, S.C., plant since BMW first started producing cars in the United States 20 years ago. By 2016, BMW will be able to produce up to 450,000 vehicles a year, up from 300,000 currently. The investment will add 800 jobs to the site, increasing the total workforce to 8,800.

And from today:

BMW plans to invest another $600 million in its South Carolina factory, a move that will add 1,000 jobs.

The German luxury automaker said Monday the investment will support future production of BMW X sport-utility vehicles in Spartanburg, South Carolina. The investment will carry from 2018 to 2021.

Coinciding with the 25th anniversary of BMW’s decision to build the plant, executives were in Spartanburg on Monday to unveil the redesigned X3 compact SUV, which will arrive in showrooms by the fall. The Spartanburg factory will also build the X7, a new three-row SUV coming to the BMW lineup in late 2018.

BMW recently spent roughly $1 billion to expand manufacturing capacity in Spartanburg. The plant, which currently employs more than 9,000 people, built 411,000 vehicles in 2016, according to BMW. Spartanburg is now home to the largest BMW factory in the world.

The German luxury automaker said Monday the investment will support future production of BMW X sport-utility vehicles in Spartanburg, South Carolina. The investment will carry from 2018 to 2021.

 

[WVPATX]

My 755LI is awesome. I have no complaints.

I drove the 645 with no complaints. But then I bought a CL 63 AMG. Wow, what a difference.

 

[WVPATX]

You aren't fooling anyone. You are an idiot sitting in his mom's basement all day typing on a computer. WVU grad my ***.

I almost feel sorry for you. Almost.

 

[MacMountie]

BMW invested in that plant to appease Trump. They are very worried about NAFTA since they plan to build a Mexican plant in 2019. They fear a border tax. So in their meeting with Trump recently, they talked about the South Carolina plant and their plans for expansion. Jaw boning works. It worked for JFK and it is working for Trump.

It's awesome BMW is doing this & if Trump has a part in the move that is awesome as well but all successful business have long term planning. Adding 1000 jobs and making a $600 million investment are typically not knee jerk reactions:

http://www.cnbc.com/2017/06/26/bmw-adding-1000-jobs-at-south-carolina-plant.html

"Krueger denies BMW is spending and hiring in South Carolina as a way to placate the president.

"There was already planning before [Trump's election], because we have long-term strategic planning, but also the success of the U.S. market is something that was, for us, important," he said.

Krueger, along with German Chancellor Angela Merkel, met with Trump in March and he is well aware these are delicate times for automakers in the U.S.

The president is moving to renegotiate NAFTA and many are wondering what type of tariff, if any, could be slapped on autos imported from Mexico and Canada. Last year, those two countries supplied about 20 percent of the 17.5 million vehicles sold in the U.S."

 

[DvlDog4WVU]

I drove the 645 with no complaints. But then I bought a CL 63 AMG. Wow, what a difference.

Let me rephrase. It's my wife's car. I drive a truck. Regardless, it rides as good if not better than our Range Rover, and up to this point, the Range was the most comfortable vehicle I'd ever rode in. Still not sure about giving up the SUV for a sedan though. Her car, her call. My bet is we have another Range in about 3-5 years though.

 

[WVPATX]

Let me rephrase. It's my wife's car. I drive a truck. Regardless, it rides as good if not better than our Range Rover, and up to this point, the Range was the most comfortable vehicle I'd ever rode in. Still not sure about giving up the SUV for a sedan though. Her car, her call. My bet is we have another Range in about 3-5 years though.

My wife drives the range rover sport. 525 hp. It is one hell of a machine.

 

[Boomboom521]

He campaigned for 18 months saying he was going to this very thing.

I'm just saying...it's not very Republican as far as I'm concerned.

 

[WVPATX]

It's awesome BMW is doing this & if Trump has a part in the move that is awesome as well but all successful business have long term planning. Adding 1000 jobs and making a $600 million investment are typically not knee jerk reactions:

http://www.cnbc.com/2017/06/26/bmw-adding-1000-jobs-at-south-carolina-plant.html

"Krueger denies BMW is spending and hiring in South Carolina as a way to placate the president.

"There was already planning before [Trump's election], because we have long-term strategic planning, but also the success of the U.S. market is something that was, for us, important," he said.

Krueger, along with German Chancellor Angela Merkel, met with Trump in March and he is well aware these are delicate times for automakers in the U.S.

The president is moving to renegotiate NAFTA and many are wondering what type of tariff, if any, could be slapped on autos imported from Mexico and Canada. Last year, those two countries supplied about 20 percent of the 17.5 million vehicles sold in the U.S."

You're exactly right, decisions like this do require long-term planning. But the fact that BMW met with the president, has plans to build a plant in Mexico, is very concerned about NAFTA renegotiation tells me that BMW it was more than happy to make that investment and make Trump happy at the same time. And remember, even long-term plans get scuttled as circumstances change.

 

[MacMountie]

You're exactly right, decisions like this do require long-term planning. But the fact that BMW met with the president, has plans to build a plant in Mexico, is very concerned about NAFTA renegotiation tells me that BMW it was more than happy to make that investment and make Trump happy at the same time. And remember, even long-term plans get scuttled as circumstances change.

No argument here, totally agree with you, a culmination of factors go into these decisions and bottom line is it's great for the USA.

 

[WVPATX]

I'm just saying...it's not very Republican as far as I'm concerned.

I completely agree with you. Trump is not a traditional Republican and never has been. Why do you think there are so many NeverTrumpers in the GOP? They hate him almost as much as liberals to do.

As I have posted many times on this board, Trump was 17 out of 17 for me in the primary. I only voted for him because he was better than the alternative.

 

[DvlDog4WVU]

I completely agree with you. Trump is not a traditional Republican and never has been. Why do you think there are so many NeverTrumpers in the GOP? They hate him almost as much as liberals to do.

As I have posted many times on this board, Trump was 17 out of 17 for me in the primary. I only voted for him because he was better than the alternative.

I didn't even vote for him, that's how much I dislike him.

 

[Boomboom521]

I completely agree with you. Trump is not a traditional Republican and never has been. Why do you think there are so many NeverTrumpers in the GOP? They hate him almost as much as liberals to do.

As I have posted many times on this board, Trump was 17 out of 17 for me in the primary. I only voted for him because he was better than the alternative.

What gets me though....is that I was swayed by Republicans to believe in the market as the determining factor for economic decisions. That manipulating the market (protectionist policies) even union pressures for wage increases only lead to short term solutions that complicate the problems in the future. I wasn't on board with unions, until the damage I've seen they have done of late. Although environmental policy pressures I agree with (which I understand is hypocritical), I have switched my stance on economic policy to be as "hands off" as possible in regards to market drivers and market killers. I began this metamorphosis once we bailed out companies that should have gone under.

I understand some of thebreprocussions that would occur if certain industries were allowed to fail (farming for example) for the over all economy. But it just seems weird that now both parties are moving away from allowing the market to save and kill at its natural disgression.

 

[WVPATX]

What gets me though....is that I was swayed by Republicans to believe in the market as the determining factor for economic decisions. That manipulating the market (protectionist policies) even union pressures for wage increases only lead to short term solutions that complicate the problems in the future. I wasn't on board with unions, until the damage I've seen they have done of late. Although environmental policy pressures I agree with (which I understand is hypocritical), I have switched my stance on economic policy to be as "hands off" as possible in regards to market drivers and market killers. I began this metamorphosis once we bailed out companies that should have gone under.

I understand some of thebreprocussions that would occur if certain industries were allowed to fail (farming for example) for the over all economy. But it just seems weird that now both parties are moving away from allowing the market to save and kill at its natural disgression.

We have never been a pure market driven economy. Government has always played a role. Typically, in a GOP administration, Government plays a smaller role because the GOP wants to reduce taxes, reduce regulations, shrink the size and influence of government. And in Dem administrations, the opposite occurs. There are exceptions but that has been typical. That is why Trump is viewed as such a huge threat by the NeverTrumpers in the GOP in that he is a populist, not a Conservative. They fear he will change the party forever.

Trump does want to reduce taxes and regulations which conservatives like but he also wants to redo trade agreements which scare conservatives to death and even consider tariffs and border taxes. This is anathema to Conservatives. The strange part is that this action is usually supported by Dems due to the influence of unions.

But our tax policy has always been used by politicians to support favored institutions be it farmers, unions, energy companies, etc. It has also been used to influence personal behavior, for example, tax differences between earned and unearned income, tax incentives for green energy, deductions for children, owning a home, etc. This is governments way of influencing personal behavior to behavior government wants.

I like Trump's tax and regulatory polices. I don't like border taxes or tariffs unless the country the tariff applies to is either cheating on trade or placing tariffs or other restrictions on our goods unfairly.

 

[dave]

Or Trump's an idiot and South Carolina wins despite his blunderings.

Lets leave your day at the auto mall out of this.