Five Business Expansions bring 390 New Jobs to Oakland, Wayne, and Delta County

URLhttps://www.michiganbusiness.org/press-releases/20
SourceMichigan Economic Development Association
Date Published05/02/2024

Additional Reshoring Information:

Company/Division name Autosystems America, inc.
Parent companyMagna International
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):97
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2024
Domestically, the work will be done:In-house
Capital investment ($):3.05
Country(ies) from which reshored:Canada
City reshored to:Novi
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredlighting
What non-domestic negative factors made offshoring less attractive?Social/ethical concerns
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Impact on domestic economy, Infrastructure, Skilled workforce availability/training
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