BMW drives into South Carolina with $300 million auto plant

Article Abstract:

German carmaker BMW has selected a site in Greenville-Spartanburg, South Carolina for its new manufacturing facility. The site was chosen for its favorable labor climate, good local transport systems, stable tax rates, the support of the governor and the area's many multinational firms. Located near the Greenville-Spartanburg airport, the 176,500-square meter plant is seen to generate employment for some 2,000 people by the end of the 1990s. Some $250 million to $300 million has been allocated for the new facility during the next three years. The plant is BMW's second outside its home base Germany.

BMW AG, Greenville, South Carolina, Spartanburg County, South Carolina

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Toyota turns into Indiana with $700 million truck plant

Article Abstract:

Princeton, IN, beat its neighbors Kentucky, Michigan and Ohio for Toyota Motor Corp.'s $700-million pickup truck manufacturing facility. Location advantages including service by two railroads and by two power utilities prodded the automobile manufacturer to choose Princeton over its competitors. The plant will open jobs for 1,300 workers, who will receive about $20 per hour. Meanwhile, the state also offered Toyota incentives to clinch the deal. These include infrastructure improvements and programs to upgrade the skills of the state's present workforce.

Automobiles, Automobile Manufacturing, Evaluation, Industrial sites, Toyota Motor Corp., Princeton, Indiana

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Mercosur move: Chrysler chooses Brazil for $305 million truck plant

Article Abstract:

Chrysler Corp. has unveiled plans to establish a new $305 million pickup truck assembly plant in Brazil. The automaker has yet to settle on a specific site for the plant but an announcement is expected before the end of 1996. Chrysler Chmn. Robert Eaton stated that the company's decision to build a new plant in Brazil reflects the company's bullish outlook towards economic conditions and future growth prospects in the Mercosur free trade zone. The planned assembly plant will build some 40,000 Dakota pickup trucks annually.

Light Truck and Utility Vehicle Manufacturing, Trucks, Pickup, Economic aspects, Brazil, Location, Pickup trucks, Chrysler Corp., C

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