What will be the largest speculative industrial facility ever built in Greer is breaking ground at Velocity Park.
Beacon Partners and Cullum Interests are partnering on a 240,020-square-foot venture at 545 Brookshire Road with a completion date set for January 2016.
The lure of the Greer Inland Port has another company investing in the upstate because of the proximity to intermodal infrastructure.
Moderna Products, a family-owned company headquartered in Izegem, Belgium, will locate in an existing 116,000-square-foot building in Gaffney. Modern specializes in creating, producing and distributing plastic products for pets such as litter boxes, food bowls and “traveling solutions for both dogs and cats, as well as other small animals.”
The Greer Inland Port surpassed initial annual volumes projected five years into the terminal operations.
The South Carolina Port’s Authority’s 2015 fiscal year showed the inland port’s first full fiscal year of operations concluded with 58,407 rail moves. The monthly volumes peaked in June, with 6,736 rail moves handled during the month. The inland port opened in October 2013.
Greer-manufactured BMWs continue to propel the company’s brand to its second consecutive record month in June.
Sales for Greer-produced BMW X5 SAVs increased 89 percent in June compared to one year ago to help BMW brand vehicles to a second consecutive record month. The X6, although on a smaller scale, tripled its sales last month to 1,448 compared to 567 in 2014 for a 155 percent increase.
BMW brand sales increased 6.5 percent in June for a total of 32,176 vehicles compared to 30,201 sold in June 2014.
The Greer Inland Port set record volumes in May, with 5,845 rail moves.
The facility has handled 51,671-rail moves fiscal year to date, already surpassing initial volume projections for five years of terminal operations.
Russia will assemble the Greer-manufactured X4s, BMW confirmed.
BMW Manufacturing will ship parts from the Greer production facility to Russia where the kits will be completed at Russia’s Kaliningrad plant.
Site preparation is underway for a 675,000-square-foot body shop, the third on Greer’s BMW Manufacturing Co. campus, off of Brockman McClimon Road. The new road has been completed and suppliers are already making deliveries using that entrance.
“The body shop is part of BMW’s $1 billion expansion,” Steve Wilson, spokesman for BMW Manufacturing, said. “We’ve just completed our second paint shop.”
The Greer Inland Port handled its highest ever monthly rail moves, with 5,513 moves completed in April, according to the S.C. Ports Authority at its board meeting today.
Fiscal year to date, the Inland Port has handled 45,826 rail moves.
Greer’s Inland Port continued its record-setting pace in rail moves and is 52 percent ahead of planned volumes, according to the S.C. Ports Authority.
The Inland Port handled 5,187 rail moves in March, achieving its highest volumes since the facility opening in October 2013, according to the S.C. Ports Authority. Fiscal year to date, the Inland Port has handled 40,313 rail moves.
It was another great day, month and quarter in Greer, according to BMW March sales figures released Tuesday.
In fact production by BMW Manufacturing Co., of the popular X5 and X6 in Greer, helped make March and the first quarter of 2015 a record.
Greer is rated the fourth-best place to start a business in South Carolina, according to NerdWallet, a personal finance website.
Jeff Chu, the analyst who conducted the study, cited business climate (average revenue of businesses, percentage of businesses with paid employees and number of businesses per 100 people, and local economic health (median annual income, median annual housing costs and unemployment rate).
Just like clockwork, another special ceremony was held at the Greer plant this morning, as BMW celebrated its three millionth vehicle to roll off the assembly line.
The vehicle, a Donington Grey Metallic X5 M with Mugello Red Full Merino leather seats and carbon fiber interior trim, was driven by associate Dawn Burgess, hired in 1994. Burgess presented the keys to the vehicle to Manfred Erlacher, President and CEO of BMW Manufacturing.
The Greer Inland Port saw gains in February result with 4,631 rail moves completed during the month. The port has handled 35,126 rail moves fiscal year to date and is nearly 50 percent ahead of plan, according to the South Carolina Ports Authority (SCPA).
The SCPA announced February is the second consecutive month of 18 percent container growth at its ports, bringing fiscal year container volumes totals to 1.23 million twenty-foot equivalent units, or TEUs.
The Upstate SC Alliance introduced a regional export plan outlining specific steps local business, civic and government leaders will take to promote economic development in the 10-county Upstate region.
It assesses the Upstate’s export climate, sets market-based goals for increasing exports and lays out strategies for supporting local businesses in increasing exports.
The BMW Manufacturing facility in Greer has informed associates and suppliers it will be closed early Thursday and to call in the morning to determine when the plant will resume shifts. An expected half-foot of snow or more was forecast in the Upstate.
The Greer Inland Port has not made a decision but expects to announce its operating schedule this evening. The port will follow closely BMW’s closing and re-opening.
A site operations center has been approved by the South Carolina Ports Authority to be built on the BMW campus in Greer.
BMW leases the industrial site from the SCPA, and as the landowner SCPA will manage the construction process of the facility, according to the announcement made in Charleston. The project is estimated to be completed in the first quarter of 2016.
BMW Manufacturing Co. of Greer announced Friday that the export value of its passenger vehicles through the Port of Charleston in 2014 totaled $9.2 billion, confirming the company as the leading U.S. automotive exporter.
According to data from the U.S. Department of Commerce, this accomplishment represents a 13 percent increase over BMW’s 2013 value. In 2014, more than 260,000 vehicles were exported from its Greer plant, over 70 percent of the plant’s total volume.
The City of Greer has committed $1 million to the Partnership For Tomorrow for its 5-year master plan and economic development.
Mayor Rick Danner and City Administrator Ed Driggers made the historic and surprising announcement at a packed Greater Greer Chamber of Commerce First Friday Luncheon at the City Hall events venue. Danner’s address on the value of collaboration and why partnerships work set up the huge economic announcement.
Jim Newsome delivered a glowing message to more than 400 business leaders on the impact the Inland Port at Greer plays in the state’s commerce.
“We are very much dependent on trucks. Every container in the world somehow rides a truck,” Newsome, president and CEO of the South Carolina Ports Authority, said. “They (containers) come by rail to Greer and they still have to go out by truck to somewhere else.”