Magneti Marelli to expand operations near Detroit

URLhttps://www.autonews.com/suppliers/magneti-marelli
Sourceautonews.com
Date Published01/22/2019
Author NameKurt Nagl
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Magneti Marelli
Parent companyFiat Chrysler Automobiles
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):106
Year reshoring announced:2019
Capital investment ($):12.6
Country(ies) from which reshored:Italy
City reshored to:Auburn Hills
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredlighting, powertrain, high-tech electronics
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:1.59 million
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