$50 Million Investment Preserves 600 Jobs in Michigan

Date Published08/22/2019
Author NameJeff Reinke
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Magna Electronics
Parent companyMagna International
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Kept from Offshoring
Total number of jobs (added or to be added):600
Year reshoring announced:2019
Capital investment ($):50
City reshored to:Grand Blanc Township
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredflexible micro-LED lights
What domestic positive factors made reshoring more attractive?Automation/technology, Infrastructure, Image/brand, Lead time/Time to market, Lean/other business process improvement techniques, Proximity to customers/market
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