10. International investment projects [LO 9.1] In 2016, automobile manufacturer BMW completed its $1 billion investment to increase production at its US South Carolina plant by 50 per cent. BMW apparently felt that it would be better able to compete and create value with US-based facilities. Other companies such as Fuji Film and Swiss chemical company Lonza have reached similar conclusions and taken similar actions. What are some of the reasons that foreign manufacturers of products as diverse as automobiles, film and chemicals might arrive at this same conclusion?