March 17, 2016

South Carolina Ports Authority Exports Two Millionth South Carolina-Made BMW

CHARLESTON, SC - March 17, 2016 - Today South Carolina Ports Authority exported the two millionth BMW manufactured in South Carolina, a milestone celebration of the Port's longstanding partnership with the nation's top vehicle exporter by value.

The two millionth vehicle, a Space Grey Metallic BMW X5 M50d, was loaded for export onto the ELEKTRA vessel operated Wallenius Wilhelmsen Logistics for delivery to a customer in Germany.

"SC Ports Authority has a strong history with BMW Manufacturing, and their operations are a tremendous asset to our port and region," said Jim Newsome, SCPA president and CEO. "Today we commend a talented, committed workforce at BMW on this achievement and celebrate their continued trust in us to deliver South Carolina-made BMWs to the world."

The Port exported over 250,000 BMW vehicles in 2015, driving SCPA's 13 percent year-over-year increase in finished vehicle volume last year. SCPA also serves BMW's containerized shipping needs, handling import engines and transmissions from Germany and export maintenance parts as well as vehicle kits for emerging markets.

"Together with such partners as SCPA, BMW has become part of the fabric of this great state and is a wonderful illustration of what can be achieved when federal, state and local government work hand-in-hand with business," said Manfred Erlacher, President and CEO, BMW Manufacturing. "I am honored to celebrate the two millionth BMW exported through the South Carolina Ports."

SCPA played a key role in BMW's decision to locate in South Carolina, and its first import vehicles were handled through Charleston in 1994. In 2011 SCPA completed a?$23 million renovation of Columbus Street Terminal as a state-of-the-art breakbulk facility with adequate capacity for growing vehicle volumes, and BMW is the largest user of that terminal today.

BMW's cargo commitment was a significant factor in SCPA's decision to open the Inland Port in Greer, South Carolina in 2013. With BMW as the launch customer, the Inland Port has since added numerous users and far surpassed volume expectations, with over 75,000 rail moves handled last year.

"As the gateway to the global marketplace, the Port plays a critical role in supporting our state and region's manufacturing economy," Newsome said. "SCPA is proud to serve BMW's 'just in sequence' supply chain needs through our Charleston and Greer facilities, and we look forward to supporting their continued future growth."

Today SCPA and BMW officials commemorated the two millionth BMW vehicle manufactured by Plant Spartanburg and exported through the Port of Charleston.

About BMW Manufacturing Co., LLC

BMW Manufacturing Co., LLC is a subsidiary of BMW AG in Munich, Germany and is the global producer of the BMW X3 and X5 Sports Activity Vehicles and X4 and X6 Sports Activity Coupe. In addition to the South Carolina manufacturing facility, BMW Group North American subsidiaries include sales, marketing and financial services operations in the United States, Canada and throughout Latin America; and a design firm and technology office in California. For more information on BMW Manufacturing, visit www.bmwusfactory.com.

About South Carolina Ports Authority

South Carolina Ports Authority (SCPA), established by the state's General Assembly in 1942, owns and operates public seaport facilities in Charleston, Georgetown and Greer, handling international commerce valued at more than $63 billion annually while receiving no direct taxpayer subsidy. An economic development engine for the state, Port operations facilitate 187,200 statewide jobs and generate nearly $53 billion annual economic activity. Home to the Southeast's deepest port, SCPA is the industry leader in delivering speed-to-market, seamless processes and flexibility to ensure reliable operations, big ship handling, efficient market reach and environmental responsibility. For more information on SCPA, please visit www.scspa.com.