Magna Expands With Two Facilities in Right to Work Tennessee

Magna is adding two supplier facilities soon at its facility in Right to Work Lawrenceburg, Tennessee. In order to accomplish this, the company is investing $790 million toward the project. They will also create 1,300 new jobs. So this will be a great economic addition to the area!

From Area Development Magazine:

“These opportunities not only strengthen our relationship with a valued customer, but also reflect the depth and breadth of our capabilities across the vehicle. We are thankful to the state of Tennessee for their support and partnership.” […]

“We are proud that Magna is leading the way to grow Ford’s BlueOval City supplier park and boosting job creation with its commitment of nearly 1,300 new jobs in Tennessee. The $790 million investment from Magna will further shape the economic landscape of Lawrence and Haywood counties and strengthen the electric vehicle supply chain in Tennessee for years to come. Congratulations to all our partners who worked to bring these three projects to fruition.” […]

“During the site selection process, Magna demonstrated excellence in corporate culture and shared with us their commitment to community. These attributes reflect the core values of our business community. I am glad to welcome Magna to Lawrence County and look forward to supporting their operations.”

AREA DEVELOPMENT MAGAZINE

To read the previous economic update on Right to Work states, click here.