BMW has announced it will invest around $386.9 million in its United Kingdom operations. The cash will be divvied up amongst its Oxford manufacturing facility, Swindon steel body pressing plant and its Birmingham engine facility, all in order to help Mini keep pace with a new global growth strategy. BMW says the investment will allow Mini to maintain larger production volumes while simultaneously rolling out up to 10 new models in the near future. While that figure likely includes models like the Mini Paceman, BMW is keeping details on any other future models to itself for the time being. The investments are planned to be completed by the end of 2015.
All told, BMW has invested more than $2.7 billion in the company’s UK manufacturing network since 2000, though Mini will likely still need even more production capacity to keep up with the brand’s planned growth. While the manufacturer wants to contract that volume out to a satellite builder, no final decision on who that partner will be has been made just yet.
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