| Company/Division name | Magna New Mobility USA |
| Parent company | Magna Steyr AG & Co KG |
| Type of work | Manufacturing |
| Reshoring category: | Foreign Direct Investment |
| Total number of jobs (added or to be added): | 100 |
| Year reshoring announced: | 2024 |
| Capital investment ($): | 2.2 |
| Country(ies) from which reshored: | Austria |
| City reshored to: | Troy |
| State(s) reshored to: | MI |
| If relevant, work nearshored to: | - |
| Industry(ies): | Electrical Equipment, Appliances & Components |
| Product(s) reshored | EV research & development |
| What domestic positive factors made reshoring more attractive? | Government Incentives, Manufacturing/engineering joint innovation (R&D), Skilled workforce availability/training |
