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Globalization benefits America

bmw logoTom Friedman’s The World Is Flat addressed how Globalization flattens the world. By “Flat” he does not imply equal. Many would agree as American companies have moved jobs and production facilities overseas. But to show the true flattening effect, BMW has announced they are moving vehicle production from Germany to South Carolina. Yes, a major international company moving major production and jobs to the US.

This announcement includes BMW building a 1.2 million square foot facility to their existing production facility in Greenville while eliminating 5,000 jobs in Germany. Auto analysts contribute a weak US Dollar as a contributing factor to this commitment. NPR audio
UPDATE: Wired’s: Can Americans still build Cars?
Tags: BMW, Globalization, Greenville, South Carolina, trends

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