Business Facilities - December 2008 - (Page 39)

activities, it occupies a distinctive position in the South Carolina economy, the report says. The study stresses that as BMW invests and creates jobs for South Carolinians, it also demonstrates how successful businesses can address environmental challenges as well as serve as models for sustainable enterprises. The economic impact study was conducted earlier in 2008 using BMW’s activity in 2007. “The immense impact of BMW is felt across the Upstate and throughout South Carolina,” says Dr. Douglas P. Woodward, professor of economics at the Moore School. Woodward and Dr. Paulo Guimarães, also a Moore School economics professor, conducted the in-depth study. Woodward said the study shows that BMW has an “outsized impact on the state’s economy” due to its presence as a “highwage, final producer with extensive ties to local suppliers.” The activities generated by BMW also serve as a stellar example of sustainable business practices in South Carolina. “Given our school’s new theme of ‘sustainable enterprise and development,’ I am often asked what we at the Moore School mean by ‘sustainable,’” says Dr. Hildy Teegen, dean of Moore School. “BMW is a great example of a firm dedicated to sustainability. Like all companies, it depends on generating profit for its economic survival. “But through its cutting-edge business practices and understanding of how to advance economic development in the markets where it participates, BMW has demonstrated that it is a responsible steward of the environment and benefits society at large.” BMW and Spartanburg received an Honorable Mention award in Business Facilities’ 2008 Economic Deal of the Year competition. Distances from Spartanburg to Major U.S. Cities Atlanta, GA 171 miles Charleston, SC 215 miles Charlotte, NC 68 miles Chicago, IL 691 miles Los Angeles, CA ..2,335 miles Miami, FL 710 miles Myrtle Beach, SC 243 miles Nashville, TN 350 miles New Orleans, LA 662 miles New York, NY 711 miles Orlando, FL 496 miles Washington, DC 434 miles NEED LOCATION INFORMATION PREMIER GREENVILLE, SC CLASS A HEADQUARTERS We can help. Business Facilities 800.524.0337 ext.252 For More Information: 404.995.2150 #2528 at www.BusinessFacilities.com BUSINESS FACILITIES 39 http://www.BusinessFacilities.com

Table of Contents Feed for the Digital Edition of Business Facilities - December 2008

Business Facilities - December 2008 Contents First Word Snapshots Corporate Moves: North Carolina Gold Award: New Engine for Growth in Virginia Silver Award: Tennessee Gets the Big Prize Bronze Award: Enrichment in Idaho Falls Honorable Mentions International Reach From America's Heartland Supply Chain Priorities Metro Spotlight: Greenville/ Spartanburg, SC The Magnolia State Has It All A Real Estate Mega-Merger State of the Year Ask the Expert Advertiser Index

Business Facilities - December 2008

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