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Economy

Spartanburg has a diverse economy comprised of a large industrial sector of Fortune 500 companies such as BMW Manufacturing Company, LLC, Milliken, Michelin, adidas, Dräxlmaier, Toray Carbon Fibers, Röchling, Magna, Auriga Polymers, Advance America, Denny's and many, many more. Our diversity is further reflected in the number of international businesses located here. According to the New York Times, more than 80 international companies from 19 countries call Spartanburg home.

From our industrial beginnings in textiles in the early 20th century to our late 20th century and new millennium status as an automotive hub, we have capitalized on our industrial strengths and evolved into a high-growth economic area. Since BMW Manufacturing Company, LLC, located to our area in the mid-'90s, more than 100 automotive suppliers and companies have located in the region. There are many other industries including plastics, packaging, metalworking and distribution that comprise a large percentage of our economic base.

Quick Stats

  2010 2012¹ 2017¹
Population* 284,307 288,046 300,910
Pop. 65 & Above* 38,227 40,355 47,660

¹ ESRI Forecasts for 2012 and 2017
* US Bureau of Census, 2010 Census of Population and Housing
 

 

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