Company/Division name | Magna Seating |
Parent company | Magna International |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 130 |
Year reshoring announced: | 2018 |
Capital investment ($): | 8 |
Country(ies) from which reshored: | Canada |
City reshored to: | Spartanburg |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | auto seating |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Infrastructure, Proximity to customers/market |