Tuesday, June 12, 2012

Manufacturing, Hiring is Booming in The South



Update: "Exports at BMW’s Spartanburg plant have jumped 80% since 2009, as the German automaker tapped new markets in China, India and South America to offset lagging sales during the recent recession. The plant produced a record 276,000 cars in 2011 — BMW X3s, X5s, X6s — and exported 70% of them, or 192,000. It sold the popular SUVs to 130 countries throughout the world.

Read more here: http://www.thestate.com/2012/06/12/2312060/exports-soar-at-bmws.html#storylink=cpy

BMW exports from South Carolina jumped 52% in 2011, surpassing Michigan for the No. 1 spot among automobile exporters. South Carolina previously ranked first in auto exports in 2009. The state also ranked first among U.S. states in tire exports, holding nearly 30% of the share of U.S.-made exported tires. Michelin and Bridgestone have been stalwart manufacturers in the state for years and have announced expansions and Continental is building a new plant in Sumter County."

HT: Jon Murphy

Read more here: http://www.thestate.com/2012/06/12/2312060/exports-soar-at-bmws.html#storylink=c

8 Comments:

At 6/12/2012 7:51 AM, Blogger Jon Murphy said...

Interesting.

Something similar is going on in South Carolina.

I do take exception that the measure of success for manufacturing is its employment rather than output, but that's a discussion for another day.

 
At 6/12/2012 8:28 AM, Blogger Jet Beagle said...

Jon Murphy: "I do take exception that the measure of success for manufacturing is its employment"

I'm sure that for BMW, Michelin, and Bridgestone, the measure of success is the profitability of their operations in SC. But that measure is probably not so important for the political leaders who sold the companies and the taxpayers on Greenville-Spartenburg, and for most of the residents in that area. I would guess that for them, jobs was the goal all along.

I've never embraced the concept of profit-seeking corporations adopting the goals of all "stakeholders". But I do concede that different parties do have different goals.

 
At 6/12/2012 9:47 AM, Blogger Larry G said...

SC still has a not-so-wonderful unemployment rate but better than 09/10

http://data.bls.gov/timeseries/LASST45000003

 
At 6/12/2012 11:08 AM, Blogger Buddy R Pacifico said...

Make, ya'll, make.

 
At 6/12/2012 1:38 PM, Blogger sethstorm said...

That's strange, the unemployment rate for a state like Ohio is lower than the unemployment rate for Georgia.

For all those foreign-manufacturer factories, they're not even American until they're willing to step into the Manufacturing Belt up north.

--
How about applying their backwards RTW law more consistently - so that any form of contingent labor or less-than-FT labor counts as a labor union under that law. Choice all around(where you can choose to be represented by the company directly/full-benefit, as a contractor, or by a labor union - without any penalty for any choice) and nobody has any weapons to screw around the other party.

The only problem with such a law is that businesses couldn't screw over workers with indirect labor.

 
At 6/12/2012 1:40 PM, Blogger sethstorm said...


I do take exception that the measure of success for manufacturing is its employment rather than output, but that's a discussion for another day.

Unemployed people make for some very angry folks at the voting booth, so jobs do matter more than you think.

Besides, I thought some state in the South said that "the best welfare program is a job".

 
At 6/12/2012 7:30 PM, Blogger marmico said...

Banking, Firing is Booming in The South

Tit for tat.

 
At 6/13/2012 8:22 PM, Blogger VangelV said...

American manufacturing jobs are still way down over the past decade. Many that are coming back are big on material content and little on labour. (shipping containers, boilers, large pipe assemblies, trusses, etc.) The fact that these are cheaper to make in the US shows how quickly developing countries have advanced in increasing labour compensation and standards of living.

 

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