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) reshored | Aluminum casting |
What domestic positive factors made reshoring more attractive? | Eco-system synergies |