Magna International Expands Greenville County, South Carolina, Manufacturing Operations

URLhttps://www.areadevelopment.com/newsItems/12-16-20
SourceArea Development
Date Published12/16/2024

Additional Reshoring Information:

Company/Division name Magna International
Parent companyMagna International
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):200
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2025
Capital investment ($):200
City reshored to:Greenville County
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredAutomotive Systems
What domestic positive factors made reshoring more attractive?Government Incentives, Skilled workforce availability/training
Government Incentive dollar amount:500,000
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