In total, the projects are expected to generate a capital investment of more than $526 million and create 1,569 jobs for Michigan residents.
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Magna is a mobility technology company and one of the largest suppliers in automotive whose roots go back to 1957 when the company began working with General Motors. Today, Magna makes everything from seats to powertrains and is the only auto supplier to build complete vehicles.
Magna’s products include body, chassis, exterior, seating, powertrain, active driver assistance, electronics, mechatronics, mirrors, lighting, and roof systems. The products the company manufactures can be found on most vehicles today.
Michigan is Magna's U.S. corporate home and the state with their largest U.S. footprint. Magna operates 32 facilities in Michigan and employs more than 10,000 Michiganders.
BOLD Magna expanding its St. Clair facility, investing $426.6 million and creating 920 jobs
The company has recently secured a new contract to supply additional battery enclosures. To house the new business, Magna is expanding its St. Clair facility, and will create an additional 920 jobs with an additional investment of $426.6 million.
The new jobs will include mechanical engineers, mechanical engineering technicians, production workers and machinery maintenance workers.
Magna expanding in Highland Park, adding 490 jobs
Magna plans to expand in Highland Park, where it will assemble seat frames and insource trim and foam assembly. The company will also bring in new assembly equipment for the frame lines and redeploy equipment from its sub supplier.
The project is expected to generate a total capital investment of $3.7 million and create 490 jobs, supported by a $2.9 million MBDP grant. Michigan was chosen for the project over competing sites.
Magna will hire production workers, mechanical engineers, machinery maintenance works, and mechanical engineering technicians for the new positions. All operators will go through extensive training and have opportunities for advancement within the organization.
The company has developed a training program and mentorship program and provides its employees with full benefits packages.
Magna has also put together an executive leadership program, which works directly with local school districts, colleges, universities, and other workforce agencies, to help build out an employment pipeline strategy.
Magna also bringing jobs to Shelby Charter Township
Magna has been awarded a new powertrain business from an existing customer to manufacture internal components for battery enclosures for electric vehicles. The company plans to lease an existing facility in Shelby Charter Township, where it will invest $96.1 million and create 159 jobs, supported by a $1.3 million MBDP grant.
Michigan was chosen for the project over competing sites. ■