Magna Expands US Seat Manufacturing Plant

SourceJust Auto
Date Published06/24/2020
Author NameDave Leggett
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Magna Seating
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):480
Year reshoring announced:2020
Domestically, the work will be done:In-house
Capital investment ($):35.4
Country(ies) from which reshored:Canada
City reshored to:Highland Park
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredfull seat assembly
What domestic positive factors made reshoring more attractive?Government Incentives, Impact on domestic economy
Government Incentive dollar amount:$327,000
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