BMW Of North America Expands Headquarters

Woodcliff Lake, NJ - BMW of North America, LLC. opened its new $100 million addition to its Woodcliff Lake, New Jersey US headquarters. The expansion is BMW Group's largest investment in the U.S. since the inception of its U.S. subsidiary in 1975, apart from the plant in Spartanburg, S.C.

The new buildings will be home to BMW Group’s national Training Center, Eastern Sales Region and U.S. Engineering operations. The facilities will help the company to develop advanced technology and the highest level of professional training for a premium customer experience. 1,000 people will be working on the expanded BMW of North America Campus.

“These new facilities represent BMW’s long-term commitment to America, to New Jersey and the region from where we draw our talented work force,” said Tom Purves, Chairman and CEO of BMW (US) Holding Corp. “They are part of BMW's growing footprint in the U.S., a demonstration of our increasing commitment to and presence in this great country.”

Overall, BMW Group will invest $1billion in the U.S. by 2012 to retain its position in the world’s largest vehicle market. With total sales of more than 336,000 BMW, MINI and Rolls-Royce vehicles in 2007, BMW Group has enjoyed 16 years of consecutive growth in America.

“The investments are a clear sign of our strong belief in the potential of the U.S. market. We know that we have to invest in the world’s biggest market if we want to be successful on a worldwide scale,” said Ian Robertson, Member of the Board of Management of BMW AG responsible for Sales and Marketing. “The long term market outlook for the U.S. is positive – even though the country is navigating through a soft economy today.