Magna to invest over $470 million in Canadian plants

URLhttps://electrek.co/2023/02/15/magna-expand-five-f
Sourceelectrek
Date Published02/15/2023
Author NameScooter Doll

Additional Reshoring Information:

Company/Division name Magna International - nearshoring
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Nearshoring
Total number of jobs (added or to be added):1000
Year reshoring announced:2023
Capital investment ($):470
City reshored to:Ontario
State(s) reshored to:Canada
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredev batteries
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