Magna Seating celebrates $8M expansion

URLhttp://www.goupstate.com/news/20180326/magna-seati
SourceGoUpstate.com
Date Published03/26/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Magna Seating
Parent companyMagna 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) reshoredauto seating
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Infrastructure, Proximity to customers/market
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