German-based automaker BMW announced Monday it would invest $600 million in its Spartanburg, S.C., plant between 2018 and 2021.
The announcement comes as the company celebrates 25 years of operation at the South Carolina location. The attendance of South Carolina Republican Gov. Henry McMaster and South Carolina Republican Sen. Lindsey Graham underlined the importance of BMW to the Palmetto state’s economy.
BMW’s Spartanburg plant is its largest in the world, employing more than 9,000 workers. The new investment will add 1,000 jobs, according to the company, adding to what is already one of the state’s largest employers.
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