We are excited to be able to bring new business, more investment and additional jobs to Michigan and we thank the state for its support.Īccording to The Detroit News, the Michigan Strategic Fund board approved $10.2 million in state program grants for Magna International in support of its $500 million investment to expand.
With our unmatched capabilities across our product areas, we continue to work with our customers to help them meet their mobility needs. Magna’s chief marketing and sales officer Eric Wilds spoke to the company’s new $500 million commitment: Clair, Michigan, Magna will erect new facilities to build powertrains in Shelby Township and seating components in Detroit. In addition to the expansion of battery enclosure manufacturing in St. Magna shared its latest expansion plans in a press release today, outlining how it intends to add to its existing footprint of 32 facilities and over 10,000 employees in Michigan alone. Clair, Michigan, which will be expanded Magna to expand EV manufacturing footprint in Michigan Magna’s current manufacturing footprint in St. According to an announcement today, Magna is allocating over $500 million to expand that current Michigan site and build two additional facilities to support the production of vital EV components. Clair, Michigan, is where Magna produces steel EV battery enclosures for GMC’s Hummer EV. By developing everything from electrified powertrains, to ADAS systems, and entire EVs, Magna is providing several OEMs with the technology and components to go all-electric.įor instance, its current facility in St. With over 130 manufacturing and assembly facilities in North America, alongside footprints in Europe, Asia, South America, and Africa, Magna is one of the names in building quality auto components.Īs the automotive industry as a whole pivots steadily toward electrified models, Magna has adapted its manufacturing as well. The new and expanded Magna facilities will develop components specifically for the growing market of electric vehicles and are expected to create over 1,500 new jobs in Michigan.Įven if you aren’t already aware of Magna International, there’s a very high chance you’ve driven a vehicle with at least one component the multi-national contract manufacturer has built. Contract manufacturing superpower Magna International announced it is investing over $500 million to erect two new manufacturing facilities and expand a third in the state of Michigan.
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