SPARTANBURG, SC—Automotive supplier Magna International will build a new, $29 million, 230,000-square-foot assembly plant here to make seats for BMW. Scheduled to open in June 2017, the facility is expected to employ 480 people in the next four years.
EVANSVILLE, IN—Systems integrator Preh IMA Automation (PIA) Evansville Inc. is building a semiautomatic assembly line for a manufacturer of automotive electronics. The assembly line, which will be delivered in early 2017, assembles, populates and tests automotive fuse boxes.
MUNICH, Germany—BMW is planning to invest more than $536 million on new car technologies over the next 10 years via its i Ventures division. The automaker will use the money to back startups working on areas such as autonomous driving and digitalization.
CASA GRANDE, AZ—Lucid Motors, a start-up manufacturer of high-end electric vehicles, will spend $700 million to build a new assembly plant here. The factory is expected to create 2,000 jobs in the next six years.
Lumps of coal go to Donald Trump and Hillary Clinton for giving us a choice between Scylla and Charybdis. An extra lump goes to The Donald for running a campaign that set new lows in civil political discourse.
GUANAJUATO, Mexico—Toyota has begun construction on a $1 billion assembly plant here, its fifteenth manufacturing facility in North America. The factory, which will produce the Corolla, is expected to employ approximately 2,000 workers.