BMW Manufacturing Co. announced today that the National Association of Foreign Trade Zones (NAFTZ) recognized the company as its Exporter of the Year. In addition, the NAFTZ recognized BMW as the recipient of its Export Achievement Award for being the member that showed the most improvement in value.
BMW ‘s plant in South Carolina has steadily increased its export activity. According to data from the U.S. Department of Commerce, based on the 2011 value of BMW exports from South Carolina, the company’s Spartanburg facility is the largest automotive exporter from the U.S.
BMW’s plant in Spartanburg currently produces over 1,000 vehicles each day and is the exclusive exporter of X3 and X5 Sports Activity Vehicles and the X6 Sports Activity Coupe through the Port of Charleston. This year, the plant is projected to produce more than 300,000 vehicles and will export approximately 70% of those vehicles to more than 130 global markets.
Accepting the award on behalf of BMW, Sky Foster, Manager for Corporate Communications at BMW Manufacturing, stated, “We are very proud of our accomplishments.I wish to thank our associates, Tier 1 Suppliers and the South Carolina Ports Authority for their support in our shared success.”
Lewis Leibowitz, Board Chairman for NAFTZ, stated that “the FTZ program has proven to be especially successful to ensure the U.S. remains a strong global competitor. BMW’s plant in South Carolina continues to be a leader in the passenger vehicle segment and we applaud their results.”
The plant originally began vehicle production in 1994. In the last 18 years, BMW Manufacturing has produced over 2 million vehicles. Earlier this year, the company announced another $900 Million expansion to increase capacity to 350,000 units by 2014 and will bring a new model to its Spartanburg operation.