Magna Expands Birmingham, Alabama, Manufacturing Plant

SourceArea Development
Date Published09/08/2017
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Magna International
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):100
Year reshoring announced:2017
Domestically, the work will be done:In-house
Capital investment ($):60
Country(ies) from which reshored:Canada
City reshored to:Birmingham
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Castings/Foundries - Subset of Primary Metal Products
Product(s) reshoredAluminum casting
What domestic positive factors made reshoring more attractive?Eco-system synergies
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